Ambac Financial Group to Acquire Leading Supplemental Health Program Manager ArmadaCare [Yahoo! Finance]
Ambac Financial Group, Inc. (AMBC)
US:NASDAQ Investor Relations:
ir.ambac.com/investor-relations
Company Research
Source: Yahoo! Finance
Addition of leading supplemental health insurance program manager significantly strengthens Ambac's market position, propels growth trajectory, and accelerates specialty insurance distribution strategy Transaction expected to be accretive to Ambac shareholders in 2026 Ambac to hold investor call at 8:30am ET to provide an update on its strategic plan and go-forward priorities NEW YORK, September 29, 2025 BUSINESS WIRE )--Ambac Financial Group, Inc. ("Ambac") (NYSE: AMBC), an insurance holding company, today announced it has entered into a definitive agreement to acquire ArmadaCare, a leading supplemental health insurance program manager, from SiriusPoint Ltd. ("SiriusPoint") (NYSE: SPNT) for $250 million. Headquartered in Hunt Valley, Maryland, ArmadaCare specializes in innovative supplemental health and workplace benefit products tailored to employer needs. ArmadaCare's unique insurance benefits complement primary healthcare plans and give companies the extra edge they need
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AMBC
News
- Ambac Financial Group (NYSE:AMBC) had its price target raised by analysts at Truist Financial Corporation from $10.00 to $15.00. They now have a "buy" rating on the stock.MarketBeat
- Ambac Financial Group (NYSE:AMBC) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Ambac (AMBC) Q3 2025 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Ambac Financial Group Rebrands as Octave Specialty Group, Inc. [Yahoo! Finance]Yahoo! Finance
- Ambac Financial Group Rebrands as Octave Specialty Group, Inc.Business Wire
AMBC
Earnings
- 11/10/25 - Beat
AMBC
Sec Filings
- 11/14/25 - Form 4
- 11/10/25 - Form 8-K
- 11/10/25 - Form 10-Q
- AMBC's page on the SEC website