Bond insurer MBIA reported experiencing losses in the fourth quarter of 2011.

In a report released 4 p.m. Eastern Standard Time Wednesday, MBIA said that it had an adjusted pre-tax loss, a non-GAAP measure, of $252 million in the fourth quarter of 2011. This compares to an adjusted pre-tax loss of $311 million in the fourth quarter of 2010.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.