Ambac/$AMBC

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About Ambac

Ambac Financial Group Inc is a financial services holding company. It operates in two principal businesses segments: Insurance Distribution and Specialty Property & Casualty Insurance. Insurance Distribution segment includes Managing General Agents, Underwriters and other appointed and delegated underwriting businesses (collectively MGAs or MGA/Us), an insurance broker, and other distribution and underwriting businesses. Specialty Property & Casualty Insurance includes five carriers (collectively, Everspan). Key revenue is generated from Insurance Distribution.

Ticker

$AMBC

Primary listing

NYSE

Industry

Insurance

Employees

380

Ambac Metrics

BasicAdvanced
$400M
-
-$12.27
0.86
-

Bulls say / Bears say

Ambac's acquisition of Beat Capital Partners has significantly expanded its insurance distribution capabilities, positioning the company to exceed $1 billion in premium placed by 2025. (businesswire.com)
The company's Specialty P&C Insurance segment, Everspan, reported a 600 basis point improvement in its combined ratio to 100.5% in Q3 2024, indicating enhanced underwriting efficiency. (businesswire.com)
Ambac's Board approved a $50 million share repurchase program, reflecting confidence in the company's financial health and commitment to returning value to shareholders. (businesswire.com)
Ambac reported a net loss of $28 million in Q3 2024, primarily due to $20 million in transaction costs and acquisition-related short-term interest expenses. (businesswire.com)
The sale of Ambac's legacy financial guarantee business to Oaktree Capital Management has faced delays, with the regulatory review process extending beyond initial expectations. (businesswire.com)
The company's credit facility maturity date was extended to December 31, 2025, indicating potential liquidity concerns during the transitional period. (businesswire.com)
Data summarised monthly by Lightyear AI. Last updated on 6 Jul 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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