Exhibit 21.1

Subsidiaries of the Registrant1, 2
as of December 31, 2024

Assured Guaranty Re Ltd. (Bermuda)

Assured Guaranty Re Overseas Ltd. (Bermuda)

Assured Guaranty US Holdings Inc. (Delaware)

Assured Guaranty Municipal Holdings Inc. (New York )

Assured Guaranty Inc. (Maryland)

AG Asset Strategies LLC (Delaware)

Assured Guaranty UK Limited (England)

Assured Guaranty (Europe) S.A. (France)

(1) Pursuant to Item 601(b)(21)(ii) of Regulation S-K, the names of other subsidiaries of Assured Guaranty Ltd. are omitted because, considered in the aggregate, they would not constitute a significant subsidiary as of the end of the year covered by this report.

(2)    All subsidiaries are wholly owned.