AFGI members are increasingly involved in insuring international securities in both the asset-backed and infrastructure finance markets. The first insured European bonds, residential mortgage-backed securities, were issued in the U.K. in 1986; since then bonds have been insured worldwide.

Today, AFGI firms insure a wide range of new issue and secondary market transactions, including infrastructure and project financings, local government issues, asset securitizations, structured finance transactions, and sovereign and quasi-sovereign debt.

From international offices in Australia, Bermuda, France, Mexico, Spain and the United Kingdom, AFGI firms have reached nearly every corner of the globe with their insurance products.