Assured Guaranty Ltd., which runs a default monopoly for new policies in the bond insurance market due to the collapse of its competitors, said in an earnings call Tuesday it expects business to thrive in the coming quarters.

Revenue shot up 161% to $388.5 million in the third quarter, easily beating forecasts of $338 million, according to its 10Q filing released late Monday. Contributions stemmed from a 286% year-to-year increase in new earned premiums, a 95% advance in net investment income, and a 91% jump in realized gains on credit derivatives.

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