Name | Value |
---|---|
Revenues | 75.0M |
Cost of Revenue | 0.0M |
Gross Profit | 75.0M |
Operating Expense | 55.0M |
Operating I/L | 4.0M |
Other Income/Expense | -14.0M |
Interest Income | 0.0M |
Pretax | -14.0M |
Income Tax Expense | 1.0M |
Net Income/Loss | -11.0M |
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.