$AMBC News
Last published 1y ago
- 1y agoAMBCAmbac Financial Group Rebrands as Octave Specialty Group, Inc.Business WireCirrata Group and Beat Capital Partners Unite Under the Octave Brand as Octave Partners and Octave Ventures, Respectively Ambac Financial Group, Inc. (NYSE:AMBC) today announces it has rebranded to Octave Specialty
- 1y agoAMBCAmbac Reports Third Quarter 2025 ResultsBusiness WireTotal P&C premium production increased 32% for the quarter to $343 million Insurance Distribution Segment Total revenue grew to $43 million for the quarter, an increase of 80% Organic revenue growth equaled
- 1y agoAMBCAmbac Financial Group Appoints Karen Beyer Head of Investor RelationsBusiness WireAmbac Financial Group, Inc. ("Ambac") (NYSE:AMBC), an insurance holding company, today announced that Karen Beyer has joined the firm as Managing Director, Head of Investor Relations. She will be based in New York and
- 1y agoAMBCAmbac Financial Group Completes Acquisition of ArmadaCareBusiness WireAmbac Financial Group, Inc. ("Ambac") (NYSE:AMBC), an insurance holding company, today announced it has completed its previously disclosed acquisition of ArmadaCare, a leading supplemental health insurance program
- 1y agoAMBCAmbac to Release Third Quarter 2025 Results on November 10, 2025Business WireConference Call Scheduled for November 11, 2025 Ambac Financial Group, Inc. (NYSE:AMBC), an insurance holding company, today announced that it will release third quarter 2025 results on November 10, 2025, following
- 1y agoAMBCAmbac Subsidiary Beat Capital Partners Launches 1889 Specialty Insurance Services, a Financial Institutions MGA Led by Blair Bartlett and Backed by A+ Rated CapacityBusiness WireBeat Capital Partners ("Beat"), a London-based incubator of underwriting franchises and a subsidiary of Ambac Financial Group, Inc. ("Ambac") (NYSE:AMBC), has partnered with former Crum & Forster executive Blair
- 1y agoAMBCAmbac Financial Group Completes Sale of Its Legacy Financial Guarantee Businesses to OaktreeBusiness WireAmbac Financial Group, Inc. ("Ambac") (NYSE: AMBC), an insurance holding company, today announced it has completed the sale of its legacy financial guarantee businesses, Ambac Assurance Corporation and Ambac Assurance UK Limited, to funds managed by Oaktree Capital Management, L.P.
- 1y agoAMBCE&S MGA Pivix Launches Casualty Program with EverspanBusiness WirePivix Specialty Insurance Services Inc. ("Pivix"), an excess and surplus lines focused managing general agent distributing exclusively through wholesale brokers, has launched a new casualty program with support from
- 1y agoAMBCAmbac Financial Group, Inc. (AMBC) Q2 2025 Earnings Call TranscriptEarnings Call Transcripts
- 1y agoAMBCAmbac Reports Second Quarter 2025 ResultsBusiness WireTotal revenue from continuing operations increased 8% for the quarter to $55 million Total P&C premium production increased 110% for the quarter to $346 million Wisconsin OCI recommends approval for the sale
- 1y agoAMBCAmbac to Release Second Quarter 2025 Results on August 7, 2025Business WireConference Call Scheduled for August 8, 2025 Ambac Financial Group, Inc. (NYSE:AMBC), an insurance holding company, today announced that it will release second quarter 2025 results on August 7, 2025, following the
- 1y agoAMBCAmbac Reports That the Wisconsin Office of the Commissioner of Insurance Has Scheduled a Hearing on the Sale of Ambac's Legacy BusinessBusiness WireAmbac Financial Group ("Ambac") (NYSE:AMBC), an insurance holding company, today reported that the Wisconsin Office of the Commissioner of Insurance ("OCI") has scheduled a hearing on the sale of Ambac Assurance
- 1y agoAMBCAM Best Affirms Credit Ratings of Everspan Indemnity Insurance Company and Its AffiliatesBusiness WireAM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and Long-Term Issuer Credit Ratings (Long-Term ICR) of "a-" (Excellent) of Everspan Indemnity Insurance Company (Phoenix, AZ) and its
- 1y agoAMBCAmbac Financial Group and Oaktree announce an extension to the stock purchase agreement for the Financial Guarantee businessBusiness WireAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac") today announced the extension from July 3, 2025, to December 31, 2025 of the term of the stock purchase agreement relating to the sale of its legacy financial guarantee
- 1y agoAMBCAmbac Financial Group Provides Update on the Timing of the Sale of Its Legacy Financial Guarantee BusinessBusiness WireAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac"), an insurance holding company focused on insurance distribution and specialty property and casualty insurance, today provided an update on the timing of the sale of its
- 1y agoAMBCAegis Energy Announces Partnership with Everspan Group for new Excess Program for Petroleum Gasoline HaulersBusiness WireAegis Energy, a division of Aegis General Insurance Agency and K2 Insurance Services, announces today a partnership with Everspan Group, the AM Best rated A- (Excellent) carrier, to launch a new Excess program for
- 1y agoAMBCAmbac Reports First Quarter 2025 ResultsBusiness WireTotal revenue from continuing P&C operations increased 27% for the quarter to $63 million Total P&C premium production increased 70% for the quarter to $318 million Ambac Financial Group, Inc. (NYSE:AMBC)
- 1y agoAMBCAmbac Financial Group, Inc. Provides Update on the Sale of Its Legacy Financial Guarantee BusinessBusiness WireAmbac Financial Group, Inc. ("Ambac") (NYSE:AMBC) reports that it has met all of its necessary pre-closing conditions under the purchase agreement for the sale of Ambac Assurance Corporation ("AAC") and Ambac UK ("AUK")
- 1y agoAMBCAmbac Announces Meeting and Record Date for 2025 Annual Meeting of StockholdersBusiness WireAmbac Financial Group, Inc. (NYSE:AMBC), an insurance holding company, today announced that Ambac's 2025 Annual Meeting of Stockholders will be held on Wednesday, May 28, 2025 at 11 a.m. (ET). The meeting will be held
- 1y agoNOWDOWFTKO+21DoorDash, TKO Group Holdings, Williams-Sonoma and Expand Energy Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600PR NewswireS&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective...
- 1y agoAMBCAmbac Reports Fourth Quarter and Full Year 2024 ResultsBusiness WireTotal revenue from continuing operations increased 89% for the year to $236 million Total Specialty P&C Insurance premium increased 74% for the year to $876 million Ambac Financial Group, Inc. (NYSE:AMBC)
- 1y agoAMBCAmbac to Release Fourth Quarter 2024 Results on February 26, 2025Business WireConference Call Scheduled for February 27, 2025 Ambac Financial Group, Inc. (NYSE:AMBC), an insurance holding company, will release fourth quarter 2024 results on February 26, 2025, following the close of the
- 1y agoAMBCAmbac Financial Group Inc (AMBC) Q3 2024 Earnings Call TranscriptEarnings Call Transcripts
- 1y agoAMBCAmbac Reports Third Quarter 2024 Results and Approval of a $50 Million Stock Repurchase ProgramBusiness WireAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the quarter ended September 30, 2024. Third Quarter 2024
- 2y agoAMBCAmbac to Release Third Quarter 2024 Results on November 12, 2024Business WireConference Call Scheduled for November 13, 2024 Ambac Financial Group, Inc. (NYSE:AMBC), an insurance holding company, today announced that it will release third quarter 2024 results on November 12, 2024, following the
- 2y agoAMBCAmbac Subsidiary Beat Capital Partners Launches Fallow Grove Insurance Services with A+ Rated Capacity, Specializing in Commercial Middle Market PropertyBusiness WireBeat Capital Partners ("Beat"), a London-based incubator of underwriting franchises and a subsidiary of Ambac Financial Group, Inc. ("Ambac") (NYSE:AMBC), has partnered with former CrossCover executive Brett Dupre to
- 2y agoAMBCAmbac Shareholders Approve Sale of Legacy Financial Guarantee BusinessBusiness WireApproximately 95% of Votes Cast Approved the Transaction Ambac Financial Group, Inc. ("Ambac") (NYSE:AMBC), an insurance holding company, announced that at the special meeting of shareholders (the "Special Meeting")
- 2y agoAMBCAmbac Announces Partnership with Mike Miller-Led MGA PivixBusiness WireAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac"), an insurance holding company, announced it has partnered with Mike Miller and his team on the launch of Pivix Specialty Insurance Services Inc. ("Pivix"), a managing
- 2y agoAMBCBeat Capital Partners launches proRISE Insurance Services with A+ rated Capacity, Specializing in SME Management and Professional Liability InsuranceBusiness WireBeat Capital Partners ("Beat"), a London-based incubator of underwriting franchises and a subsidiary of Ambac Financial Group, Inc. ("Ambac") (NYSE:AMBC), and Doug Karpp, former executive at Hiscox and AIG with over two
- 2y agoAMBCAmbac Financial Group Inc (AMBC) Q2 2024 Earnings Call TranscriptEarnings Call Transcripts
- 2y agoAMBCAmbac Reports Second Quarter 2024 ResultsBusiness WireCloses the acquisition of Beat Capital Partners Ambac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the quarter ended June
- 2y agoAMBCAmbac Completes Acquisition of Beat Capital PartnersBusiness WireAmbac Financial Group, Inc. ("Ambac") (NYSE:AMBC), an insurance holding company, today announced the completion of its previously disclosed acquisition of Beat Capital Partners ("Beat"), a London-based insurance
- 2y agoAMBCAmbac to Release Second Quarter 2024 Results on August 5, 2024Business WireConference Call Scheduled for August 6, 2024 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that it will release second quarter 2024 results on August 5, 2024, following
- 2y agoAMBCRichard Edsall Joins Tara Hill as Senior Vice PresidentBusiness WireBrian McKeegan named senior underwriter of the newly launched E&S program administrator Tara Hill Insurance Services ("Tara Hill"), a program administrator owned by Ambac Financial Group, Inc. (NYSE:AMBC), today
- 2y agoAMBCBESTINFNMORFKuehn Law Encourages MORF, AMBC, INFN, and BEST Investors to Contact Law FirmGlobeNewswireNEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures
- 2y agoAMBCAmbac's Cirrata Group Launches Tara Hill, an E&S Management and Professional Liability Program Administrator Led by Industry Veteran Peter McKeeganBusiness WireAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac"), an insurance holding company, today announced it has joined with Peter McKeegan to launch Tara Hill Insurance Services ("Tara Hill"), a program administrator
- 2y agoAMBCAM Best Affirms Credit Ratings of Everspan Indemnity Insurance Company and Its Core AffiliatesBusiness WireAM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" (Excellent) of Everspan Indemnity Insurance Company (Scottsdale, AZ) and its core
- 2y agoAMBCSGRPSRCLSRDXKuehn Law Encourages AMBC, SGRP, SRDX, and SRCL Investors to Contact Law FirmGlobeNewswireSOUTHAMPTON, N.Y., June 05, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional
- 2y agoAMBCAmbac Financial Group, Inc. to Sell Legacy Financial Guarantee Business to Funds Managed by Oaktree Capital Management, L.P.Business WireAmbac Financial Group, Inc. ("Ambac") (NYSE:AMBC), an insurance holding company, yesterday signed a definitive agreement to sell its legacy financial guarantee businesses, Ambac Assurance Corporation ("AAC") and Ambac
- 2y agoAMBCAmbac Financial Group, Inc. to Acquire Majority Stake in Beat Capital PartnersBusiness WireAcquisition of UK Underwriting Franchise and MGA Platform Strengthens Ambac's Position as a Leading Specialty Program Insurance Platform Ambac Financial Group, Inc. ("Ambac") (NYSE:AMBC), an insurance holding company,
- 2y agoAMBCAmbac Financial Group, Inc. (AMBC) Q1 2024 Earnings Call TranscriptEarnings Call Transcripts
- 2y agoAMBCAmbac Reports First Quarter 2024 ResultsBusiness WireAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the quarter ended March 31, 2024. First Quarter 2024 Highlights Net
- 2y agoAMBCAmbac to Release First Quarter 2024 Results on May 6, 2024Business WireConference Call Scheduled for May 7, 2024 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that it will release first quarter 2024 results on May 6, 2024, following the
- 2y agoAMBCAmbac Announces Meeting and Record Date for 2024 Annual Meeting of StockholdersBusiness WireAmbac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that Ambac's 2024 Annual Meeting of Stockholders will be held on Wednesday, June 5, 2024 at 11 a.m. (ET). The meeting will
- 2y agoAMBCAmbac Financial Group, Inc. (AMBC) Q4 2023 Earnings Call TranscriptEarnings Call Transcripts
- 2y agoAMBCAmbac Reports Fourth Quarter 2023 ResultsBusiness WireAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the fourth quarter and year ended December 31, 2023. Net loss of $(16)
- 2y agoAMBCAmbac to Release Fourth Quarter 2023 Results on February 27, 2024Business WireConference Call Scheduled for February 28, 2024 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, will release fourth quarter 2023 results on February 27, 2024, following the close of the
- 3y agoAMBCAmbac Reports Third Quarter 2023 ResultsBusiness WireAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the third quarter ended September 30, 2023. Net income of $66 million
- 3y agoAMBCAmbac to Release Third Quarter 2023 Results on November 7, 2023Business WireConference Call Scheduled for November 8, 2023 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that it will release third quarter 2023 results on November 7, 2023,
- 3y agoAMBCAmbac Acquires Riverton Insurance Agency Corp.Business WireAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac"), a financial services holding company, today announced that it has acquired a majority stake in Riverton Insurance Agency Corp., a New Jersey-based insurance services