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MBIA Inc. (MBIA) is engaged in providing financial guarantee insurance and other forms of credit protection, as well as investment management services to public finance and structured finance issuers, investors and capital market participants on a global basis. The Company conducts its financial guarantee business, through its wholly owned subsidiary, MBIA Insurance Corporation (MBIA Corp.) and provides investment management products and financial services, through its wholly owned subsidiary, MBIA Asset Management, LLC (MBIA Asset Management). MBIA manages its activities primarily through two principal business operations: insurance and investment management services. In February 2007, MBIA Corp. incorporated a subsidiary, MBIA Mexico, S.A. de C.V. (MBIA Mexico), through which it writers financial guarantee insurance in Mexico.(Source: 10-K)