U S Public Finance Insurance was Mbia’s largest segment in fiscal 2018, bringing in $182.00M of $161.00M (113%).
| Segment | FY 2015 | FY 2018 |
|---|---|---|
| U S Public Finance Insurance | — | $182.00M |
| Revenues | $425.00M | — |
| International & Structured Finance Insurance | — | -$21.00M |
| Total | $425.00M | $161.00M |
Mbia brought in $161.00M from its two segments in fiscal 2018, the year ended December 31, 2018. Mbia regrouped these segments after fiscal 2015, so the total does not compare directly with that year's $425.00M. U S Public Finance Insurance was the largest at $182.00M (113.0%).
Mbia began breaking out U S Public Finance Insurance in fiscal 2018 and International & Structured Finance Insurance in fiscal 2018. Mbia stopped reporting Revenues as a separate segment after fiscal 2015, when it brought in $425.00M. The total is net of International & Structured Finance Insurance, which took $21.00M off revenue in fiscal 2018.
U.S. Public Finance Insurance was Mbia’s largest segment in fiscal 2010, bringing in $750.00M of $934.00M (80%).
| Statement Operating Activities Segment | FY 2009 | FY 2010 |
|---|---|---|
| Structured Finance & International Insurance | $2.19B | $211.00M |
| U.S. Public Finance Insurance | $808.00M | $750.00M |
| Asset/Liability Products | $179.00M | $40.00M |
| Wind-Down Operations | — | $91.00M |
| Advisory Services | $54.00M | $70.00M |
| Conduits | $50.00M | — |
| Corporate | — | $70.00M |
| Corporate Operations | $24.00M | — |
| Eliminations | -$356.00M | -$298.00M |
| Wind-Down Eliminations | $1.00M | — |
| Total | $2.95B | $934.00M |
Mbia brought in $934.00M from its seven segments in fiscal 2010, the year ended December 31, 2010. Mbia regrouped these segments after fiscal 2009, so the total does not compare directly with that year's $2.95B. U.S. Public Finance Insurance was the largest at $750.00M (80.3%), ahead of Structured Finance & International Insurance at $211.00M (22.6%) and Wind-Down Operations at $91.00M (9.7%). The other three segments brought in $180.00M combined.
Compared with fiscal 2009, Advisory Services grew fastest, up 29.6% to $70.00M, while Structured Finance & International Insurance fell the most, down 90.4% to $211.00M.
Mbia began breaking out Wind-Down Operations in fiscal 2010 and Corporate in fiscal 2010. Mbia stopped reporting Conduits ($50.00M in fiscal 2009), Corporate Operations ($24.00M in fiscal 2009) and Wind-Down Eliminations ($1.00M in fiscal 2009) as separate segments. The total is net of Eliminations, which took $298.00M off revenue in fiscal 2010.
Mbia (MBI) reports its revenue by segment and by statement operating activities segment. In fiscal 2018, U S Public Finance Insurance was its largest segment, bringing in $182.00M (113.0% of the total).
U S Public Finance Insurance was Mbia's largest segment in fiscal 2018, bringing in $182.00M, or 113.0% of the $161.00M total across its two segments.
Every figure comes from Mbia's annual financial filings, as reported. Each line keeps the name Mbia gives it, and years follow its fiscal calendar.
Mbia's revenue by segment goes back to fiscal 2015, with figures through fiscal 2018. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.