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1/6/2023 ARMONK, N.Y.--(BUSINESS WIRE)-- Xchange Benets LLC, a managing general underwriter owned by Ambac Financial Group, Inc. (NYSE: AMBC), today announced it has launched a protected cell company named Distribution Re. Xchange-Benefits-Launches-Tennessee-Captive-Insurance-Company-Distribution-Re-2023

1/3/2023 NEW YORK--(BUSINESS WIRE)-- Ambac Financial Group (NYSE: AMBC), a financial services holding company whose subsidiaries include Ambac Assurance Corporation (“AAC”), today announced that on December 29, 2022, AAC entered into a Settlement Agreement and Release (the “Settlement Agreement”) with Nomura Credit & Capital, Inc. (“Nomura”) to settle its RMBS... read more →

NEW YORK, NY, November 8, 2022 (BUSINESS WIRE) -- Ambac Financial Group, Inc. (NYSE: AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported net income attributable to common stockholders of $340 million or $7.41(1) per diluted share and adjusted earnings(2) of $338 million or $7.37(1) per diluted share... read more →

11/08/2022 NEW YORK--(BUSINESS WIRE)-- Ambac Financial Group, Inc. (NYSE: AMBC) (“Ambac”), a financial services holding company, today announced that it has acquired majority stakes in both All Trans Risk Solutions, LLC and Capacity Marine Corporation. “We are very pleased to add All Trans and Capacity Marine to our growing specialty P&C... read more →