MBIA, Inc. had a better quarter during the last three months of 2012, reporting an adjusted pre-tax income of $110 million, compared with an adjusted pre-tax loss of $118 million during the third quarter, and a loss of $252 million during the fourth quarter of 2011.

The bond insurer parent company mainly attributes the improvements to continued lower net losses on insured exposures during the quarter.

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.