4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

Conference Call Scheduled for May 13, 2025 Ambac Financial Group, Inc. (NYSE:AMBC), an insurance holding company, today announced that it will release first quarter 2025 results on May 12, 2025, following the close of the market. Conference Call On May 13, 2025, at 8:30 a.m. (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss first quarter 2025 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic) or (201) 493

Total 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) ("Ambac" or "AFG"), an insurance holding company, today reported its results for the Fourth Quarter 2024. Fourth Quarter 2024 and Full Year Highlights Strategic Business Transition: Ambac advanced its strategic transformation by entering the final stages of the sale of its Legacy Financial Guarantee business, a pivotal move positioning the company for long-term growth. This resulted in a loss on disposal of $(570) million in the quarter, resulting from our adoption of the

Conference 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 market. Conference Call On February 27, 2025, at 8:30am (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss fourth quarter 2024 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic) or (201) 493-6779 (

Ambac 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 Highlights Net loss of $(28) million or $(0.63) per diluted share and Adjusted net loss of $(19) million or $(0.46) per diluted share driven by approximately $20 million of transaction costs and acquisition related short-term interest expense Total P&C Premium Production of $260 million, increased 86% from the third quarter of 2023 Insurance Distribution ("Cirrata") generated total revenue of $24 million up 64.0% over last year Specialty P&C Insurance ("Everspan") combined ratio improved by 600

Conference 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 close of the market. Conference Call On November 13, 2024, at 8:30 a.m. (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss third quarter 2024 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic

Closes 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 30, 2024. Second Quarter 2024 Highlights Net loss under $(1) million or $(0.02) per diluted share and Adjusted net income of $8 million or $0.18 per diluted share Insurance Distribution ("Cirrata") generated net income of $1 million and EBITDA of $2 million on $53 million of premiums placed Specialty P&C Insurance ("Everspan") produced Gross Premium Written of $111 million up 109% from second quarter of 2023 Total P&C Premium Production of $165 million, an increase of 75% from t

Conference 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 the close of the market. Conference Call On August 6, 2024, at 8:00 a.m. (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss second quarter 2024 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Dom

Ambac 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 UK ("AUK"), to funds managed by Oaktree Capital Management, L.P. ("Oaktree") for $420 million in cash. Additionally, Oaktree will receive warrants to acquire up to 9.9% of Ambac common stock at a strike price of $18.50. "Three years ago, we announced our vision and strategy to transform Ambac into a specialty property and casualty insurance platform," Ambac President and Chief Executive Officer Claude LeBlanc said. "The sale of our legacy financial guarantee business is the

Acquisition 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, has signed a definitive agreement to acquire a 60% controlling stake in Beat Capital Partners Limited ("Beat"), a London-based insurance underwriting and managing general agency (MGA) incubation platform, for approximately $282 million, up to $40 million of which will be paid in shares of Ambac common stock. The remainder will be paid in cash and is subject to closing adjustments. The transaction is expected to close in the third quarter of 2024, subject to regulatory approv

Ambac 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 income of $20 million or $0.43 per diluted share and Adjusted net income of $38 million or $0.82 per diluted share Legacy Financial Guarantee segment generated net income of $20 million Specialty P&C Insurance ("Everspan") produced a 98.4% combined ratio compared to 121.9% in the first quarter of 2023 Insurance Distribution ("Cirrata") generated net income of $3 million and EBITDA of $5 million on $90 million of premiums placed Total P&C Premium Production of $187 million, an incr

ROTH MKM upgraded Ambac from Neutral to Buy and set a new price target of $15.00 from $13.00 previously

Compass Point upgraded Ambac from Neutral to Buy and set a new price target of $18.00

Compass Point initiated coverage of Ambac with a rating of Neutral and set a new price target of $18.00

NEW YORK, March 7, 2025 /PRNewswire/ -- S&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 prior to the open of trading on Monday, March 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 100 are more representative of the mega-cap market space. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P

Ambac Financial Group, Inc. ("Ambac") (NYSE:AMBC), a financial services holding company, announced the appointment of Kristi A. Matus and Michael D. Price as members of its Board of Directors, effective today. Ms. Matus will be a member of the Board's Audit and Compensation committees, while Mr. Price will be a member of the Audit and Strategy committees. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230622048794/en/Kristi A. Matus has joined the Board of Directors of Ambac Financial Group (Photo: Business Wire) "We are pleased to welcome Kristi Matus and Michael Price to Ambac's Board of Directors," said Jeffrey S. Stein, Chair

Newly created position established to expand Ambac's insurance distribution division Ambac Financial Group (NYSE:AMBC) ("Ambac"), a financial services holding company, today announced the appointment of Naveen Anand as President of Cirrata Group, Ambac's insurance distribution division. Anand, the former Group President of Players Health, will be responsible for expanding Cirrata Group and building its profile in the specialty property and casualty insurance market. This is a newly created position reporting to Claude LeBlanc, President and CEO of Ambac. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230509005342/en/Ambac has

Xchange Benefits LLC, a managing general underwriter owned by Ambac Financial Group, Inc. (NYSE:AMBC), today announced the appointment of Christopher LaDelfa as Senior Vice President and head of its Captive Solutions unit, a newly-created division that will utilize Xchange's wholly owned protected cell company, Distribution Re. LaDelfa will be based in New Jersey. Launched in January, Distribution Re insures accident & health risks mainly in the form of high deductible medical stop loss plans. The captive is domiciled in Tennessee. "I am so pleased that Chris with his nearly 20 years of stop loss industry experience, integrity and reputation has agreed to join the Xchange team," said Pete

Newly created position established to expand Ambac's insurance distribution division Ambac Financial Group (NYSE:AMBC), a financial services holding company, today announced the appointment of John Tatum as a Managing Director and Business Development Officer for its insurance distribution division, Cirrata Group. In this position, he will be responsible for expanding the company's platform of managing general agencies (MGAs) and managing general underwriters (MGUs). He also will launch Cirrata's second de novo MGA, which will focus on the construction industry. Tatum will report to R. Sharon Smith, Chief of Staff. This press release features multimedia. View the full release here: https:/

Everspan Group ("Everspan"), a specialty property and casualty insurance platform rated A- (Excellent) by AM Best, today announced the appointment of Darwin Lucas as Chief Underwriting and Reinsurance Officer. He will report directly to Steve Dresner, President of Everspan, and will oversee the company's program business and reinsurance relationships. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230105005301/en/Darwin Lucas (pictured) has been named Chief Underwriting and Reinsurance Officer for Everspan Group. (Photo: Business Wire) "We are thrilled to welcome Darwin to the Everspan team," Dresner said. "His technical expertis

Steven K. Dresner to Succeed Blackburn as President Everspan Group ("Everspan"), a specialty property and casualty insurance platform owned by Ambac Financial Group (NYSE:AMBC) ("Ambac"), today announced that Steven K. Dresner has been appointed President of Everspan, succeeding Wyatt Blackburn, who has retired. Blackburn will assume the role of Vice Chairman of Everspan Holdings and become a member of the Everspan Holdings Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221129005264/en/Steven K. Dresner (pictured) has been appointed president of Everspan. Dresner replaces Wyatt Blackburn, who has retired. (Ph

Charles J. Sebaski Joins Ambac as Managing Director, Head of Investor Relations Ambac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today announced that Charles J. Sebaski has joined the firm as Managing Director, Head of Investor Relations, succeeding Lisa A. Kampf. "Charles brings vast industry experience across the investment community value chain, and we're pleased to welcome him to Ambac as we continue building and growing our diversified specialty P&C platform," said David Trick, Ambac's Chief Financial Officer. "His expertise will help our team continue to capture momentum as we execute our go-forward strategic roadmap. I want to thank

Ambac Financial Group, Inc. (the "Company") (NYSE:AMBC), a financial services holding company, announced the appointment of Lisa G. Iglesias as a member of its Board of Directors, effective today. Ms. Iglesias will be a member of the Board's Audit Committee. The Company also announced that Alexander D. Greene resigned from his position on the Board to pursue other opportunities. "We are pleased to welcome Lisa Iglesias to Ambac's Board of Directors. Lisa brings invaluable insurance and other business experience to our Board and will be a tremendous asset to Ambac as we execute on our strategic priorities to enhance long-term shareholder value," said Jeffrey S. Stein, Chairman of the Board.

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)

4 - AMBAC FINANCIAL GROUP INC (0000874501) (Issuer)