AMBC News and Press, Ambac Financial Group Inc.

Ambac Financial Group, Inc. (NYSE: AMBC) ("Ambac" or "AFG"), a financial services holding company, through its wholly-owned insurance distribution division, Cirrata Group, is partnering with industry veteran Penny Parisoff to establish a new managing general agency that will serve the h...

Xchange Benefits LLC, a managing general underwriter owned by Ambac Financial Group, Inc. (NYSE: AMBC), today announced it has signed a program manager agreement with Markel Service, Incorporated. Under the agreement, Xchange will underwrite medical stop loss coverage on behalf of an in...

The following slide deck was published by Ambac Financial Group, Inc. in conjunction with their 2022 Q1 earnings call. For further details see: Ambac Financial Group, Inc. 2022 Q1 - Results - Earnings Call Presentation

Ambac Financial Group, Inc. (AMBC) Q1 2022 Earnings Conference Call May 11, 2022 08:30 ET Company Participants Charles Sebaski - Head of Investor Relation Claude LeBlanc - President & Chief Executive Officer David Trick - Executive Vice President, Chief Financial Officer & Treasurer C...

Gainers: United Insurance (UIHC) +14%, PropertyGuru (PGRU) +11%, AFC Gamma (AFCG) +9%, Ambac Financial (AMBC) +9%, Duke Realty (DRE) +9%. Losers: Redbox Entertainment (RDBX) -28%, Atlanticus (ATLC) -20%, BRP (BRP) -19%, LM Funding America...

Ambac Financial Group press release (NYSE:AMBC): Q1 Non-GAAP EPS of $0.30. Revenue of $119M (-7.8% Y/Y). During the first quarter of 2022, net premiums earned of $15 million were up just over 3% compared to the first quarter of 2021. Book value per share decreased $2.77 to $19.65 and adjusted...

Significant Progress in Strategic Initiatives Net income of $2 million and adjusted earnings of $14 million, including the impact of previously announced developments related to RMBS litigation and Puerto Rico Specialty P&C insurance production totaled $69 million,...

Xchange Benefits, LLC, a property and casualty managing general underwriter specializing in accident and health insurance, announced that it has purchased the renewal rights of Employer Benefit Underwriters, Inc.’s employer stop loss portfolio, effective immediately. Founded in 1...

Conference Call Scheduled for May 11, 2022 Ambac Financial Group, Inc. (NYSE: AMBC), a financial services holding company, today announced that it will release first quarter 2022 results on May 10, 2022 following the close of the market. Conference Call On Ma...

Gainers: Adagio Therapeutics (ADGI) +47%. Insignia Systems (ISIG) +26%. Romeo Power (RMO) +24%. Vir Biotechnology (VIR) +20%. TMC the metals company (TMC) +19%. Arhaus (ARHS) +19%. Ambac Financial Group (AMBC) +18%. Pear Therapeutics (PEAR) +17%. Vyant Bio (VYNT) +16%. Sportradar (SRAD) +16%....