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Mar 05, 2018
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NEW YORK, N.Y. , March 05, 2018 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"), a holding company whose subsidiaries provide financial guarantees, announced today that Claude LeBlanc , President and Chief Executive Officer, and David Trick , Chief Financial Officer and
Feb 28, 2018
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NEW YORK , Feb. 28, 2018 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"), a holding company whose subsidiaries provide financial guarantees, announced today the appointment of Joan Lamm-Tennant to its board of directors, effective March 1, 2018 .  Ms.
Feb 28, 2018
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Ambac executes on key strategic priorities: Successfully concluded the Segregated Account Rehabilitation on February 12, 2018 , resulting in an increase, on a proforma basis, of $7.56 1 , or 25% to December 31, 2017 book value Adversely Classified Credits reduced by $1.1 billion or 7.5% to $14.1
Feb 12, 2018
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Ambac Assurance Announces Successful Completion of Exchange Offers and Consent Solicitation Ambac Assurance Receives Approval for $13.5 Million Interest Payment on Surplus Notes NEW YORK , Feb. 12, 2018 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq:AMBC) ("AFG"), a holding company whose
Feb 09, 2018
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Conference Call Scheduled for March 1, 2018
Feb 02, 2018
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Eligibility Distribution Record Date established of February 5, 2018 Effective Date for the Second Amended Plan of Rehabilitation for the Segregated Account Declared to be February 12, 2018 NEW YORK , Feb. 02, 2018 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc.
Jan 22, 2018
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NEW YORK , Jan. 22, 2018 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"), a holding company whose subsidiaries, including Ambac Assurance Corporation ("AAC"), provide financial guarantees, announced today the Circuit Court of Dane County, Wisconsin (the "Rehabilitation
Jan 11, 2018
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The following update is only to inform interested parties that Ambac Assurance Corporation is mailing the information described below; it is not an indication that the underlying transactions are, or will occur. The Rehabilitation Court has set a date of January 22 nd to make a ruling on the
Dec 28, 2017
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NEW YORK , Dec. 28, 2017 (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 AAC has entered into a purchase agreement with a group of
Nov 08, 2017
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Net Loss of $(190.9) million or $(4.20) per Diluted Share and Adjusted Loss 1 of $(149.8) million or $(3.30) per Diluted Share for the Quarter Ended September 30, 2017 primarily as a result of adverse Puerto Rico reserve development Book Value per Share decreased $3.67 to $33.33 and Adjusted Book
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