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Jun 18, 2019
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$900 Million of Insured Net Par Exposure Eliminated NEW YORK , June 18, 2019 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac"), a holding company whose subsidiaries, including Ambac Assurance Corporation (“AAC”) and Ambac Assurance UK Limited (“Ambac UK”), provide financial
May 31, 2019
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NEW YORK , May 31, 2019 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac"), a holding company whose subsidiaries, including Ambac Assurance Corporation (“AAC”), provide financial guarantees, announced today that the Wisconsin Office of the Commissioner of Insurance did not
May 09, 2019
Additional Formats
Significant de-risking during the quarter resulted in a 5.2% decline in insured net par exposure and a 6.5% decline in Adversely Classified and Watch List Credits Net Loss of $43.2 million or $0.94 per diluted share and Adjusted Loss (1) of $9.2 million or $0.20 per diluted share for the Quarter
Apr 22, 2019
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Conference Call Scheduled for May 10, 2019 NEW YORK , April 22, 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 first quarter 2019
Mar 20, 2019
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NEW YORK , March 20, 2019 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac"), a holding company whose subsidiaries provide financial guarantees, today announced that Ambac’s  2019 Annual Meeting of Stockholders will be held on  Monday, June 3, 2019 at 11:00 am (ET) .
Mar 19, 2019
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NEW YORK , March 19, 2019 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC), a holding company whose subsidiaries, including Ambac Assurance Corporation , provide financial guarantees, today announced that Claude LeBlanc , President and Chief Executive Officer, and David Trick , Chief
Feb 28, 2019
Additional Formats
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 agreement •  Adversely
Feb 01, 2019
Additional Formats
Conference Call Scheduled for March 1, 2019 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
Nov 07, 2018
Additional Formats
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 •   Adversely Classified Credits reduced by $0.8
Oct 17, 2018
Additional Formats
Conference Call Scheduled for November 8, 2018 NEW YORK , Oct. 17, 2018 (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 third quarter 2018
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