AMBAC Finl Grp

AMBC NASDAQ
18.66
-0.04
-0.21%
Opening 12:48 08/19 EDT
Open
18.89
Prev Close
18.70
High
18.90
Low
18.62
Volume
44.68K
Avg Vol (3M)
307.75K
52 Week High
22.36
52 Week Low
14.44
% Turnover
0.10%
Market Cap
849.99M
1D
5D
1M
3M
1Y
5Y

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Company Profile

Ambac Financial Group, Inc. (Ambac), is a financial services holding company. The Company provides financial guarantees, which includes insurance policies and credit derivative contracts. It provides financial guarantee insurance policies through its subsidiaries, including Ambac Assurance Corporation and Ambac Assurance UK Limited. It provides a guarantee that protects the holder of a debt obligation against non-payment when due. Its subsidiaries include Ambac Assurance Corporation (Ambac Assurance), Everspan Financial Guarantee Corp. and Ambac Assurance UK Limited (Ambac UK). Insurance policies insured by Ambac Assurance and Ambac UK guarantee payment when due of the principal and interest on the obligations guaranteed. Ambac Assurance also has another financial guarantee subsidiary, Everspan Financial Guarantee Corp.
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