Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

MBIA INC Earnings Release 2014

May 12, 2014

33087_rns_2014-05-12_a86fec7e-effe-4280-94f7-5cbb89660d17.zip

Earnings Release

Open in viewer

Opens in your device viewer

8-K 1 a50863560.htm MBIA INC. 8-K Copyright 2014 Business Wire, a Berkshire Hathaway company. All rights reserved www.businesswire.com

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 12, 2014 MBIA INC. (Exact name of registrant as specified in its charter)

Connecticut 1-9583 06-1185706
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
113 King Street, Armonk, New York 10504
(Address
of principal executive offices) (Zip
Code)

Registrant’s telephone number, including area code: 914-273-4545 Not Applicable (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

The following information, including Exhibit 99.1 to this Form 8-K, is being furnished, not filed, pursuant to Item 2.02 - Results of Operations and Financial Condition of Form 8-K.

On May 12, 2014, MBIA Inc. (“MBIA”) issued a press release announcing its results of operations for the quarter ended March 31, 2014. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated by reference to this Item 2.02 as if fully set forth herein.

Item 7.01. REGULATION FD DISCLOSURE.

The following information is being furnished, not filed, pursuant to Item 7.01 - Regulation FD Disclosure of Form 8-K. Information contained on MBIA’s Web sites is not incorporated by reference into this Current Report on Form 8-K.

On May 12, 2014, MBIA will post on its Web site, www.mbia.com, under the section “Selected Exposures,” certain information on MBIA Insurance Corporation’s structured finance insured portfolio and non-U.S. public finance insured portfolio and on National Public Finance Guarantee Corporation’s insured portfolio as of March 31, 2014. The information will be posted as “MBIA Insurance Corporation’s Structured Finance Insured Portfolio,” “MBIA Insurance Corporation’s Non-U.S. Public Finance Insured Portfolio” and “National Public Finance Guarantee Corporation’s Insured Portfolio.” In addition, the information on National Public Finance Guarantee Corporation’s insured portfolio as of March 31, 2014 will also be posted on its Web site, www.nationalpfg.com, under the section “Insured Portfolio.”

On May 12, 2014, MBIA will also post on its Web site, www.mbia.com, under the section “Investor Relations – Financial Information – Operating Supplements,” a Quarterly Operating Supplement for the first quarter of 2014 and under the section “Investor Relations – Financial Information – Statutory Statements,” first quarter 2014 Quarterly Statements for each of MBIA Insurance Corporation and National Public Finance Guarantee Corporation. On or about May 13, 2014, MBIA will also post on its Web site, www.mbia.com, under the section “Investor Relations – Investor Inquiries/FAQs,” revised Frequently Asked Questions.

Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

99.1 Press Release issued by MBIA Inc., dated May 12, 2014, announcing its results of operations for the quarter ended March 31, 2014.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

By: /s/ Ram D. Wertheim
Ram D. Wertheim
Chief Legal Officer
Date: May 12, 2014

EXHIBIT INDEX TO CURRENT REPORT ON FORM 8-K Dated May 12, 2014

99.1 Press Release issued by MBIA Inc., dated May 12, 2014, announcing its results of operations for the quarter ended March 31, 2014.