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AMBAC Financial Group Inc (AMBC) USD0.01

Sell:$11.59 Buy:$12.60 Change: $0.01 (0.08%)
Market closed |  Prices as at close on 20 December 2024 | Switch to live prices |
Sell:$11.59
Buy:$12.60
Change: $0.01 (0.08%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 20 December 2024 | Switch to live prices |
Sell:$11.59
Buy:$12.60
Change: $0.01 (0.08%)
Market closed |  Prices as at close on 20 December 2024 | Switch to live prices |
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

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.

Contact details

Address:
One World Trade Center
NEW YORK
10007
United States
Telephone:
+1 (212) 6587470
Website:
https://ir.ambac.com/investor-relations/default.aspx

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
AMBC
ISIN:
US0231398845
Market cap:
$579.76 million
Shares in issue:
47.44 million
Sector:
Property & Casualty Insurance
Exchange:
-
Country:
United States
Currency:
US dollar
Indices:
n/a

Key personnel

  • Claude LeBlanc
    President, Chief Executive Officer, Director
  • David Trick
    Chief Financial Officer, Executive Vice President, Treasurer
  • Daniel Mcginnis
    Chief Operating Officer, Senior Managing Director
  • R. Sharon Smith
    Executive Vice President, Chief of Strategy
  • Robert Eisman
    Chief Accounting Officer, Senior Managing Director, Controller
  • Stephen Ksenak
    General Counsel, Senior Managing Director
  • David Barranco
    Senior Managing Director

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Options

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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.