Company Information

Get to know CIFG

CIFG (Caisse d'amortissement et de gestion de la dette) was founded in 2001 and operated as a financial guarantor. Its primary business involved providing insurance (credit enhancement) for public finance (municipal bonds) and structured finance obligations. Like many monoline insurers, CIFG was severely impacted by the 2008 global financial crisis due to its exposure to mortgage-backed securities. Following significant credit rating downgrades, its main subsidiary, CIFG Assurance North America, Inc., was placed into "runoff" by regulators, ceasing all new business operations to focus solely on paying out claims on its existing insured portfolio until all obligations expire.

Industry

Financial InsurancePRIMARY
Financial Other Service

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CIFG

United States

Founded in

2001 (25 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.