Ambac: Finally Shaking Off The Great Financial Crisis [Seeking Alpha]
Ambac Financial Group, Inc. (AMBC)
US:NASDAQ Investor Relations:
ir.ambac.com/investor-relations
Company Research
Source: Seeking Alpha
The company's balance sheet appears healthy and able to meet upcoming obligations, with a new focus on specialty property-casualty insurance. AMBC is positioning itself to underwrite its products through a technology-driven MGA model, aiming to take advantage of the growing US market with attractive loss ratios. Yet, investors should remember that the discount exists for a reason, given how a recession could particularly affect a company like this. Ambac Financial Group ( NYSE: AMBC ) is an interesting case of a turnaround insurance company. Known as the American Municipal Bond Assurance Corporation decades ago, the 2008 Financial Crisis forced the company into a tight spot, as it has provided guarantee insurance on numerous bonds that went into default. For more than a decade, it has worked to resolve these huge obligations, stay afloat, and evolve its business model. With FY 2023 results out last month, it's a good opportunity to assess this company's situation, and whateve
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AMBC
News
- Ambac Financial Group, Inc. (NYSE: AMBC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Ambac to Release First Quarter 2024 Results on May 6, 2024 [Yahoo! Finance]Yahoo! Finance
- Ambac to Release First Quarter 2024 Results on May 6, 2024Business Wire
- The past five years for Ambac Financial Group (NYSE:AMBC) investors has not been profitable [Yahoo! Finance]Yahoo! Finance
- Ambac Financial Group, Inc. (NYSE: AMBC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
AMBC
Earnings
- 2/27/24 - Beat
AMBC
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEF
- 4/8/24 - Form PRE
- AMBC's page on the SEC website