MBIA INC

For the period ended Dec 31, 2023. Filed Feb 28, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 28, 2024

MBI$4.68+1.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Financial Statements

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

Report of Independent Registered Public Accounting Firm (PCAOB ID 238)	55
Consolidated Balance Sheets as of December 31, 2023 and 2022	57
Consolidated Statements of Operations for the years ended December 31, 2023, 2022 and 2021	58
Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2023, 2022 and 2021	59
Consolidated Statements of Changes in Shareholders’ Equity for the years ended December 31, 2023, 2022 and 2021	60
Consolidated Statements of Cash Flows for the years ended December 31, 2023, 2022 and 2021	61
Notes to Consolidated Financial Statements	62
Note 1: Business Developments and Risks and Uncertainties	62
Note 2: Significant Accounting Policies	66
Note 3: Recent Accounting Pronouncements	72
Note 4: Variable Interest Entities	73
Note 5: Insurance Premiums	75
Note 6: Loss and Loss Adjustment Expense Reserves	77
Note 7: Fair Value of Financial Instruments	83
Note 8: Investments	94
Note 9: Derivative Instruments	99
Note 10: Debt	102
Note 11: Income Taxes	105
Note 12: Business Segments	108
Note 13: Insurance in Force	111
Note 14: Insurance Regulations and Dividends	114
Note 15: Benefit Plans	116
Note 16: Earnings Per Share	118
Note 17: Common and Preferred Stock	119
Note 18: Accumulated Other Comprehensive Income	120
Note 19: Commitments and Contingencies	121

Report of Independent Registere

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.