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Ambac

7.99

+0.24003.10%

Post-market: 7.990.00000.00%16:05 EDT

Volume:879.30K

Turnover:6.99M

Market Cap:408.22M

PE:-0.75

High:8.02

Open:7.76

Low:7.72

Close:7.75

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Overview Company News Filings

Company Profile

Company Name:

Ambac

Exchange:

NYSE

Establishment Date:

1971

Employees:

380

Office Location:

One World Trade Center,41st Floor,New York,New York,United States

Website:

http://www.ambac.com

Zip Code:

10007

Phone:

Fax:

212 208 3414

Introduction:

Ambac Financial Group, Inc. operates as a financial services holding company. It operates three businesses: Specialty Property and Casualty Insurance, Insurance Distribution, and Legacy Financial Guarantee (LFG) Insurance. The Specialty Property and Casualty Insurance business provides specialty property and casualty program insurance with a focus commercial and personal liability risks. The Insurance Distribution business includes the specialty property and casualty insurance distribution business, which includes managing general agents and underwriters, insurance wholesalers, brokers, and other distribution businesses. The LFG Insurance business offers financial guarantee insurance policies that provide an unconditional and irrevocable guarantee, which protects the holder of a debt obligation against non-payment when due of the principal and interest on the obligations guaranteed. Ambac Financial Group, Inc. was incorporated in 1991 and is headquartered in New York, New York.

Directors

Name

Position

Jeffrey S. Stein

Chairman of the Board of Directors

Nader Tavakoli

President, Chief Executive Officer and Director

Alexander D. Greene

Director

C. James Prieur

Director

David Herzog

Director

Eugene M. Bullis

Director

Ian D. Haft

Director

Victor Mandel

Director

Shareholders

Name

Position

Nader Tavakoli

President, Chief Executive Officer and Director

David Trick

Senior Managing Director, Chief Financial Officer and Treasurer

Cathleen J. Matanle

Senior Managing Director

David Barranco

Senior Managing Director

Michael Reilly

Senior Managing Director

Robert B. Eisman

Senior Managing Director, Chief Accounting Officer and Controller

Stephen M. Ksenak

Senior Managing Director and General Counsel

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