MBIA Inc. filed its quarterly report on Form 10-Q with the Securities and Exchange Commission on November 4, 2026, covering the period ended September 30, 2026, disclosing consolidated balance sheet data and financial condition as of that date.

Key Highlights

  • Total assets: $1,830 million as of September 30, 2026, down from $2,013 million as of December 31, 2025, according to the filing.
  • Total investments: $1,498 million as of September 30, 2026, compared with $1,675 million at year-end 2025, the filing reported.
  • Long-term debt: $2,951 million as of September 30, 2026, up from $2,843 million at December 31, 2025, per the filing.
  • Loss and loss adjustment expense reserves: $399 million as of September 30, 2026, down from $454 million at December 31, 2025, the company disclosed.
  • Shares outstanding: 51,018,358 shares of Common Stock, par value $1 per share, as of October 30, 2026, according to the filing.
  • Filer classification: MBIA Inc. indicated it is a non-accelerated filer and a smaller reporting company for this reporting period.

MBIA Inc. Balance Sheet Position as of September 30, 2026

According to the 10-Q filed with the SEC, MBIA Inc. (NYSE:MBI) reported total assets of $1,830 million as of September 30, 2026, a decrease from $2,013 million as of December 31, 2025. The filing shows the company held fixed-maturity securities available-for-sale at a fair value of $907 million, against an amortized cost of $1,074 million, as of September 30, 2026. At December 31, 2025, those securities carried a fair value of $1,042 million against an amortized cost of $1,163 million. Short-term investments stood at $368 million at the close of the third quarter, compared with $409 million at year-end 2025.

On the liability side, the filing disclosed unearned premium revenue of $151 million as of September 30, 2026, down from $172 million at December 31, 2025. Investment agreements declined to $118 million from $174 million over the same period. Medium-term notes, which include financial instruments carried at fair value of $42 million, totaled $478 million as of September 30, 2026, compared with $472 million at December 31, 2025, with the fair value component at $46 million at that prior date. Cash and cash equivalents were $60 million at September 30, 2026, versus $69 million at December 31, 2025.

The filing also noted insurance loss recoverable of $74 million as of September 30, 2026, rising from $43 million at December 31, 2025. Assets and liabilities held for sale, which stood at $8 million and $6 million respectively at year-end 2025, were zero as of September 30, 2026, per the filing. The company noted in its forward-looking statements section that actual results could differ materially from expectations, citing factors including credit losses, liquidity risks, and regulatory changes, and cautioned readers not to place undue reliance on those statements.

What Was Disclosed

MBIA Inc. filed its Form 10-Q for the quarter ended September 30, 2026, disclosing unaudited consolidated balance sheet data, investment holdings, debt levels, loss reserves, and share count, along with risk factors and forward-looking statement cautionary language.