National Public Finance Guarantee Corporation "NPFG" is a wholly-owned subsidiary of MBIA Inc.
and independently capitalized with $1.5 billion in claims-paying resources as of March 31, 2025.
National's financial guarantee insurance policies provide investors with unconditional and
irrevocable guarantees of the payment of the principal, interest or other amounts owing on insured
obligations when due. National ceased pursuing the writing of new financial guarantee policies in
2017, and its primary activity today is to provide ongoing surveillance, including remediation
activity where warranted, of its existing insured portfolio.
