Ambac Financial Group, Inc. (AMBC)
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.
The company was incorporated in 1991 and is headquartered in New York, New York.
| Country | United States |
| IPO Date | Jul 11, 1991 |
| Industry | Insurance - Specialty |
| Sector | Financials |
| Employees | 155 |
| CEO | Claude L. LeBlanc |
Contact Details
Address: One World Trade Center 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 |
|---|---|
| Claude L. LeBlanc | President, Chief Executive Officer and Director |
| 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 | Senior MD and Chief of Staff |
| Daniel Matthew McGinnis | Senior MD and Chief Operating Officer |
| Robert G. Donovan | Chief Investment 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 |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 7, 2023 | 10-Q | Quarterly Report |
| Nov 7, 2023 | 8-K | Current Report |
| Oct 6, 2023 | 8-K | Current Report |
| Aug 7, 2023 | 10-Q | Quarterly Report |
| Aug 7, 2023 | 8-K | Current Report |
| Jun 26, 2023 | 144 | Filing |
| Jun 22, 2023 | 8-K | Current Report |
| Jun 16, 2023 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Jun 15, 2023 | 8-K | Current Report |
| May 9, 2023 | 10-Q | Quarterly Report |