Name | Value |
---|---|
Revenues | 58.0M |
Cost of Revenue | 0.0M |
Gross Profit | 58.0M |
Operating Expense | 36.0M |
Operating I/L | -12.0M |
Other Income/Expense | -29.0M |
Interest Income | 20.0M |
Pretax | -29.0M |
Income Tax Expense | 4.0M |
Net Income/Loss | -33.0M |
Ambac Financial Group, Inc. is a financial services holding company that provides financial guarantees, specialty property & casualty program insurance, credit derivative contracts, and interest rate derivative transactions. The company generates revenue by offering financial guarantee insurance policies and managing general agency/underwriting services.