Company Description
Ambac Financial Group, Inc. operates as a financial services holding company.
It operates three businesses: Specialty Property and Casualty Insurance, Insurance Distribution, and Legacy Financial Guarantee (LFG) Insurance.
The Specialty Property and Casualty Insurance business provides specialty property and casualty program insurance with a focus commercial and personal liability risks.
The Insurance Distribution business includes the specialty property and casualty insurance distribution business, which includes managing general agents and underwriters, insurance wholesalers, brokers, and other distribution businesses.
The LFG Insurance business offers financial guarantee insurance policies that provide an unconditional and irrevocable guarantee, which protects the holder of a debt obligation against non-payment when due of the principal and interest on the obligations guaranteed.
Ambac Financial Group, Inc. was incorporated in 1991 and is headquartered in New York, New York.
| Country | United States |
| Founded | 1991 |
| IPO Date | Jul 11, 1991 |
| Industry | Insurance - Specialty |
| Sector | Financials |
| Employees | 178 |
| CEO | Claude LeBlanc |
Contact Details
Address: One World Trade Center, 41st Floor New York, New York 10007 United States | |
| Phone | 212 658 7470 |
| Website | ambac.com |
Stock Details
| Ticker Symbol | AMBC |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000874501 |
| CUSIP Number | 023139884 |
| ISIN Number | US0231398845 |
| Employer ID | 13-3621676 |
| SIC Code | 6351 |
Key Executives
| Name | Position |
|---|---|
| David Trick | Executive Vice President, Chief Financial Officer and Treasurer |
| Stephen Michael Ksenak | Senior MD and General Counsel |
| David Peter Barranco | Senior MD and Head of Risk Management |
| Rhonta Sharon Smith | Executive Vice President and Chief Strategy Officer |
| Daniel Matthew McGinnis | Senior MD and Chief Operating Officer |
| Robert Bryan Eisman | Senior MD, Chief Accounting Officer and Controller |
| Charles Joseph Sebaski | MD and Head of Investor Relation |
| Kate Smith | Director of Corporate Communications |
| Miguel Antonio Sanchez | Managing Director of Ambac UK and Europe |
| William Joseph White | First Vice President, Assistant General Counsel and Corporate Secretary |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 12, 2024 | 10-Q | Quarterly Report |
| Nov 12, 2024 | 8-K | Current Report |
| Nov 12, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Nov 4, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Oct 16, 2024 | 8-K | Current Report |
| Oct 11, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Sep 26, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Sep 18, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Sep 17, 2024 | 8-K | Current Report |
| Sep 6, 2024 | DEFM14A | Filing |