News
BAM Observes Pride Month
June 14, 2021

In Honor of Pride Month, Build America Mutual and our associates are taking the opportunity to recognize and celebrate the achievements of our LGBTQ+ colleagues, counterparties, and members.

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BAM Observes National Caribbean-American Heritage Month
June 11, 2021

June is National Caribbean-American Heritage Month, and Build America Mutual and our associates are taking the opportunity to celebrate the legacy and essential contributions of our Caribbean American colleagues, counterparties, and members.

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BAM Recognizes Asian American and Native Hawaiian / Pacific Islander Heritage Month
May 4, 2021

May is Asian American and Native Hawaiian/Pacific Islander Heritage Month, and Build America Mutual and our associates are taking the opportunity to celebrate the achievements of our Asian American, Native Hawaiian, and Pacific Islander colleagues, counterparties, and members.

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BAM Opens Austin Office to Support Expanded Presence in Texas
March 18, 2021

Build America Mutual, the U.S. municipal-only bond insurer, is expanding its presence in Texas, its most active state by transaction volume. Greg Pacifico, Managing Vice President and Head of Texas Public Finance, will lead BAM’s new office in Austin, and Vlad Puchek, an Associate Vice President in the Surveillance group,…

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BAM Announces 2020 Statutory Financial Results
February 17, 2021

Build America Mutual, the only mutual, U.S. municipal-only bond insurer, today published its 2020 statutory financial results, reporting record par insured and total premiums. In addition to strong organic growth in capital during 2020, BAM completed a $150 million, fully collateralized reinsurance agreement with Fidus Re Ltd in the first…

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BAM Observes Black History Month
February 17, 2021

During Black History Month, BAM honors the legacy of African American leaders who have helped shape the country, including those who have championed and helped finance essential public infrastructure.

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BAM GreenStar Expands to Serve More Muni Issuers
September 24, 2020

Build America Mutual, the only mutual municipal bond insurer, today announced an expansion of its BAM GreenStar verification program for transactions that align with the International Capital Markets Association’s Green Bond Principles. BAM will now verify any green bond transaction by an existing BAM member-issuer, regardless of whether it is…

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S&P Global Ratings Affirms BAM’s AA Rating and Stable Outlook
June 30, 2020

NEW YORK, June 30, 2020 - S&P Global Ratings announced that it has affirmed Build America Mutual's AA rating and stable outlook, the strongest rating S&P assigns to any active bond insurer.

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BAM Joins Corporate Coalition Urging Certification of the Equal Rights Amendment
June 30, 2020

Build America Mutual joined more than 90 leading U.S. corporations in an Amicus brief calling for the certification of the Equal Rights Amendment (ERA), which has been ratified by thirty-eight states since it was passed with overwhelming support in Congress in 1972.

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A Letter from BAM’s CEO
June 30, 2020

Recent events have driven home the reality that prejudice and discrimination continues to create inequities in the U.S. and stands in the way of building safe, healthy, and productive communities. Build America Mutual believes that any form of discrimination or inequity is intolerable.

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BAM Elects New Chairman, Adds Clarence Anthony as Independent Director
May 7, 2019

Build America Mutual today announced that its Board of Directors elected Manning Rountree as Chairman, and Clarence Anthony, chief executive officer of the National League of Cities, as an independent director.

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Kroll Bond Rating Agency Affirms AA Rating for Fidus Re Notes Supporting BAM Reinsurance
March 24, 2020

Kroll Bond Rating Agency today affirmed its AA rating and Stable outlook for Fidus Re Ltd.’s $100 million of principal-at-risk variable-rate notes, which were sold to fund a $100 million collateralized excess of loss reinsurance policy that provides additional claims-paying resources for Build America Mutual

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Press Release
Contact:

Michael Stanton

Head of Strategy and Communications

212-235-2575