Ambac Financial Group INC 8-K filings

Octave Specialty Group announced a 51% increase in total revenue to $83.0 million for Q2 2026, driven by robust growth in its Insurance Distribution segment.

Octave Specialty Group, Inc. successfully concluded its 2026 Annual Meeting, confirming director elections and executive compensation plans.

Octave Specialty Group announced robust first quarter 2026 financial results, driven by significant growth in its Insurance Distribution segment and a turnaround in its Specialty P&C Insurance segment.

Octave Specialty Group, Inc. has amended its credit agreement, securing an additional $40 million term loan to fund obligations related to minority shareholder put rights.

Octave Specialty Group reported a transformational fourth quarter 2025, becoming a pure-play specialty P&C company with strong insurance distribution growth despite a consolidated net loss.

Octave Specialty Group, Inc. finalized its $250 million acquisition of ArmadaCorp Capital, LLC, expanding its insurance and healthcare services portfolio.

Octave Specialty Group, Inc. announced the appointment of Ernst & Young LLP as its new independent registered public accounting firm for the fiscal year 2026, replacing KPMG LLP after a competitive review process.

Ambac Financial Group, Inc. has rebranded to Octave Specialty Group, Inc., signaling its focus on building and acquiring high-performing MGA businesses and will trade under NYSE: OSG.

Ambac Financial Group reports mixed Q3 2025 results with strong insurance distribution growth and a significant share repurchase, despite a net loss and adverse P&C loss experience.

Ambac Financial Group has finalized a $120 million senior secured credit facility and completed its previously announced acquisition of ArmadaCorp Capital, LLC for approximately $250 million.

Ambac Financial Group accelerated performance stock unit awards for its top executives following the sale of Ambac Assurance Corporation, citing the conclusion of legacy business activities.

Ambac Financial Group announced new employment agreements for its top executives, including CEO Claude LeBlanc, and significant leadership changes following the sale of Ambac Assurance Corporation.

Ambac Financial Group will acquire supplemental health program manager ArmadaCare for $250 million, expanding its specialty insurance platform and targeting 2026 accretion.

Ambac Financial Group finalized the sale of its legacy financial guarantee businesses to Oaktree-managed funds for $420 million cash, simultaneously issuing a warrant for over 5 million shares to American Acorn Holdings.

Ambac Financial Group reported an 8% increase in total revenue from continuing operations to $55 million in Q2 2025, alongside a 110% surge in total P&C premium production.

Ambac Financial Group and Oaktree Capital Management have extended the closing date for the sale of Ambac's legacy financial guarantee businesses to December 31, 2025, while also amending warrant conversion terms and other agreements.

Ambac Financial Group, Inc. announced an amendment to its credit agreement, extending the maturity date to December 31, 2025, while introducing new repayment obligations, fees, and a minimum cash balance requirement.

Ambac Financial Group, Inc. announced the successful passage of all proposals at its Annual Meeting of Stockholders held on May 28, 2025, including the re-election of all seven director nominees and the advisory approval of executive compensation.

Ambac Financial Group's Q1 2025 results show strong growth in the P&C business, but an overall net loss due to legacy operations and increased expenses.

Ambac Financial Group's Q4 2024 results highlight significant growth in its Specialty P&C Insurance business and progress in its strategic transition, despite a net loss due to discontinued operations accounting.

Ambac Financial Group reported a net loss for the third quarter of 2024, but saw significant growth in its P&C insurance business and approved a $50 million share buyback program.

Ambac Financial Group stockholders have approved the sale of Ambac Assurance Corporation to American Acorn Corporation, a subsidiary of Oaktree Capital Management, L.P.

Ambac Financial Group finalized its acquisition of Beat Capital Partners and announced the divestiture of Ambac Assurance Corporation, marking a significant shift in the company's strategic direction.

Ambac Financial Group presented its strategic vision at the KBW Insurance Conference, highlighting its transition to a pure-play specialty property and casualty insurance business following the anticipated sale of its legacy financial guarantee operations.

Ambac Financial Group reported a net loss of just under $1 million for the second quarter of 2024, while also announcing the sale of its Legacy Financial Guarantee business and the acquisition of Beat Capital.

Ambac Financial Group reports its second quarter 2024 results, highlighting growth in its specialty P&C business and progress on the sale of its legacy financial guarantee business.

Ambac Financial Group reported a net loss of $(1) million for the second quarter of 2024, while also closing the acquisition of Beat Capital Partners and agreeing to sell its Legacy Financial Guarantee business.

Ambac Financial Group has completed its acquisition of Beat Capital Partners, significantly scaling its property and casualty insurance business.

Ambac Financial Group finalized its acquisition of Beat Capital Partners and divested Ambac Assurance Corporation in a significant strategic shift.

Ambac Financial Group is transitioning into a pure-play specialty property and casualty (P&C) insurer through the sale of its legacy financial guarantee business and the acquisition of a controlling stake in Beat Capital Partners.