Utilize the input text as a context reference, choose the right relationship between MBIA and Finance from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

For the second quarter of 2020, the Company's net loss was primarily caused by loss and loss adjustment expenses, with slightly more than half of those loss expenses recorded by National Public Finance Guarantee Corporation and the balance by MBIA Insurance Corporation.
industry