AMBAC Financial Group Inc (AMBC) USD0.01
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.
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