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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 1b+mHmekn33XbOsnpPZSeQ==

<SEC-DOCUMENT>0001181431-09-056317.txt : 20091214
<SEC-HEADER>0001181431-09-056317.hdr.sgml : 20091214
<ACCEPTANCE-DATETIME>20091214095933
ACCESSION NUMBER:		0001181431-09-056317
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20091210
FILED AS OF DATE:		20091214
DATE AS OF CHANGE:		20091214

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASSURED GUARANTY LTD
		CENTRAL INDEX KEY:			0001273813
		STANDARD INDUSTRIAL CLASSIFICATION:	SURETY INSURANCE [6351]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D0

	BUSINESS ADDRESS:	
		STREET 1:		30 WOOD BOURNE AVE
		CITY:			HAMILTON BERMUDA
		STATE:			D0
		ZIP:			0000
		BUSINESS PHONE:		441-279-5700

	MAIL ADDRESS:	
		STREET 1:		30 WOOD BOURNE AVE
		CITY:			HAMILTON BERMUDA
		STATE:			D0
		ZIP:			0000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AGR LTD
		DATE OF NAME CHANGE:	20040122

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AGC HOLDINGS LTD
		DATE OF NAME CHANGE:	20031218

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MICHENER JAMES M
		CENTRAL INDEX KEY:			0001224081
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		STATE OF INCORPORATION:			CT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32141
		FILM NUMBER:		091237897

	BUSINESS ADDRESS:	
		STREET 1:		ONE TOWER SQUARE
		STREET 2:		ATTN GENERAL COUNSEL
		CITY:			HARTFORD
		STATE:			CT
		ZIP:			06183
		BUSINESS PHONE:		860 277 0111

	MAIL ADDRESS:	
		STREET 1:		TRAVELERSJ PROPERTY CASUALTY CORP
		STREET 2:		ONE TOWER SQ
		CITY:			HARTFORD
		STATE:			CT
		ZIP:			06118
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd259540.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-12-10</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001273813</issuerCik>
        <issuerName>ASSURED GUARANTY LTD</issuerName>
        <issuerTradingSymbol>AGO</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001224081</rptOwnerCik>
            <rptOwnerName>MICHENER JAMES M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>30 WOODBOURNE AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HAMILTON</rptOwnerCity>
            <rptOwnerState>D0</rptOwnerState>
            <rptOwnerZipCode>HM08</rptOwnerZipCode>
            <rptOwnerStateDescription>BERMUDA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>General Counsel and Secretary</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Shares</value>
            </securityTitle>
            <transactionDate>
                <value>2009-12-10</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>91.5333</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>20.75</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>165643.4736</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Represents accrual of dividend equivalents on restricted stock units granted pursuant to the Assured Guaranty Ltd. 2004 Long Term Incentive Plan which meets the requirements of Rule 16b-3.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ James M. Michener</signatureName>
        <signatureDate>2009-12-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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