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Ambac Financial (AMBC) Q4 2018 Results Earnings Conference Call March 1, 2019, 08:30 AM ET Company Participants Lisa Kampf - Head of Investor Relations Claude LeBlanc - President and Chief Executive Officer David Trick - Executive Vice President, Chief Financial Officer and Treas...
The following slide deck was published by Ambac Financial in conjunction with their 2018 Q4 earnings Read more ...
Ambac Financial Group (NASDAQ: AMBC ) Q4 adjusted earnings of $10.8M, or 24 cents per share, compares with adjusted loss of $76.0M, or $1.66 per share, in Q3. More news on: Ambac Financial, Financial stocks news, Earnings news and commentary, Read more ...
Ambac Financial (NASDAQ: AMBC ): Q4 Non-GAAP EPS of $0.24 beats by $0.34 ; GAAP EPS of -$0.45 beats by $0.18 . Net premiums earned of $28.7M (+12.1% Y/Y) beats by $6.26M . Press Release More news on: Ambac Financial, Earnings news and commentary, Financial stocks ne...
Material decline in net par exposures and Adversely Classified and Watch List Credits due to active de-risking efforts: • Insured net par reduced in the fourth quarter of 2018 by $5.3 billion (1) or 10.1% to $46.9 billion including the impact of a $1.5 billion reinsurance a...
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Puerto Rico's restructuring deal that wipes out a third of its $18B in sales-tax bond debt received court approval Monday, making headway in fixing its broken finances, the Wall Street Journal reports. More news on: MBIA Inc., Ambac Financial, Assured Guaranty Ltd., Financial stocks news...
NEW YORK, Feb. 01, 2019 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC), a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees, today announced that it will release fourth quarter 2018 earnings on February 28, 2019 following...
Ambac Financial (NASDAQ: AMBC ): Q3 Non-GAAP EPS of -$0.48 misses by $0.78; GAAP EPS of -$2.27 misses by $1.91. Net premiums earned of $25.6M (-0.8% Q/Q) misses by $1.25M . Press Release More news on: Ambac Financial, Earnings news and commentary, Financial stocks news,
Continued progress towards executing key strategic priorities during the third quarter included: • Significant progress made toward a final resolution of Puerto Rico's debt restructuring with signed COFINA Plan Support Agreement and term sheet • A...
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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...
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,...