LOS ANGELES — After posting a profit for the fourth quarter of 2012, Assured Guaranty Ltd. announced Thursday morning that it plans to start wrapping municipal deals later this year with recently acquired Municipal and Infrastructure Assurance Corporation.

Assured acquired MIAC last year from Radian Asset Assurance Inc. and has renamed it Municipal Assurance Corp. The company was already licensed to provide financial guaranty insurance and reinsurance in 38 jurisdictions including the District of Columbia.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.