Abstract
AbstractInsurance (MIC: SIC: 6351 NAIC: 524130)Ambac Financial Group is a holding company. Co. provides financial guarantee insurance for public and structured finance obligations through its principal operating subsidiary, Ambac Assurance Corp. Co. has two reportable segments: Financial Guarantee, which provides financial guarantees, including credit derivatives, for public finance, structured finance and other obligations; and Financial Services, which provides investment agreements, funding conduits, interest rate, total return and currency swaps, principally to clients of the financial guarantee business, including municipalities and other public entities, health care organizations, investor‐owned utilities and asset‐backed issuers.
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