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AMBAC Financial Group Inc (AMBC) USD0.01

Sell:$10.79 Buy:$12.10 Change: $0.43 (3.78%)
Market closed |  Prices as at close on 24 June 2022 | Switch to live prices |
Sell:$10.79
Buy:$12.10
Change: $0.43 (3.78%)
Market closed |  Prices as at close on 24 June 2022 | Switch to live prices |
Sell:$10.79
Buy:$12.10
Change: $0.43 (3.78%)
Market closed |  Prices as at close on 24 June 2022 | Switch to live prices |
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 service holding company. The Company’s business operations include financial guarantee (FG) insurance, specialty property & casualty program insurance, and managing general agency / underwriting. The Company’s subsidiaries include Ambac Assurance Corporation and Ambac Assurance UK Limited, which is engaged in financial guarantee business; Everspan Indemnity Insurance Company and Everspan Insurance Company, which include specialty property and casualty program business, and Xchange Benefits, LLC and Xchange Affinity Underwriting Agency, LLC, which is a property and casualty managing general underwriters. The Company through its subsidiary Ambac Financial Services (AFS), provides interest rate swaps to states, municipalities and their authorities, asset-backed issuers and other entities in connection with their financings.

Contact details

Address:
One World Trade Center, ONE STATE ST PLZ
NEW YORK
10004
United States
Telephone:
+1 (212) 6680340
Website:
www.ambac.com

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:
$481.03 million
Shares in issue:
45.04 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
  • Robert Eisman
    Chief Accounting Officer, Senior Managing Director, Controller
  • Stephen Ksenak
    General Counsel, Senior Managing Director
  • David Barranco
    Senior Managing Director
  • R. Sharon Smith
    Senior Managing Director, Chief of Staff

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.

Share

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'.