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About the company
Ambac Financial Group, Inc. is a financial services holding company. It operates three principal businesses: Legacy Financial Guarantee (LFG) Insurance, Specialty Property and Casualty Insurance, and Insurance Distribution. The LFG Insurance includes the activities of Ambac Assurance Corporation (AAC) and its wholly owned subsidiaries, including Ambac Assurance UK Limited (Ambac UK) and Ambac Financial Services LLC (AFS). The Specialty Property and Casualty Insurance includes five admitted carriers and an excess and surplus lines (E&S or no admitted) insurer, Everspan Indemnity Insurance Company (all carriers collectively, Everspan). The Insurance Distribution includes the specialty property and casualty (P&C) insurance distribution business, which includes managing general agents and underwriters (collectively MGA/Us), insurance wholesalers, brokers, and other distribution businesses, which includes Xchange Benefits, LLC, a P&C MGA specializing in accident and health products.
- Revenue in USD (TTM)400.00m
- Net income in USD-20.00m
- Incorporated1991
- Employees178.00
- LocationAmbac Financial Group IncOne World Trade CenterNEW YORK 10007United StatesUSA
- Phone+1 (212) 658-7470
- Fax+1 (212) 208-3414
- Websitehttps://ir.ambac.com/investor-relations/default.aspx
Mergers & acquisitions
Acquired company | AMBC:NYQ since announced | Transaction value |
---|---|---|
HICL Infrastructure Co Ltd-Tameside General Hospital PFI Project | 9.81% | -- |