v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets:    
Debt Securities, Available-for-Sale $ 216,654 $ 268,737
Total investments (net of allowance for credit losses of $0 and $0) 241,669 293,708
Restricted Cash 52,308 40,754
Premiums Receivable, Net 94,635 75,085
Premium Receivable, Allowance for Credit Loss 500 500
Reinsurance Recoverables, Including Reinsurance Premium Paid 495,653 436,092
Deferred ceded premium 148,236 146,365
Intangible assets, less accumulated amortization 447,448 474,998
Goodwill 534,304 540,345
Other Assets 122,856 92,003
Total assets 2,280,857 2,223,317
Liabilities:    
Unearned premiums 202,890 187,178
Liability for Claims and Claims Adjustment Expense 499,043 459,990
Ceded premiums payable 93,346 80,561
Long-term debt 155,459 117,558
Accrued interest payable 27 1,343
Derivative Liability 0 8
Other liabilities 120,643 102,771
Total liabilities 1,265,483 1,137,151
Redeemable Noncontrolling Interest, Equity, Carrying Amount 197,529 252,981
Liabilities 1,265,483 1,137,151
Stockholders’ equity:    
Preferred stock, par value $0.01 per share; 20,000,000 shares authorized; issued and outstanding shares—none 0 0
Common Stock, Value, Issued 489 489
Additional paid-in capital 379,561 369,860
Accumulated other comprehensive income 3,292 8,483
Retained earnings 348,474 370,431
Treasury stock, shares at cost: 0 and 8,202 (33,063) (33,473)
Total Ambac Financial Group, Inc. stockholders’ equity 698,753 715,790
Noncontrolling interest 119,092 117,395
Total stockholders’ equity 817,845 833,185
Total liabilities and stockholders’ equity 2,280,857 2,223,317
Debt Securities, Available-for-sale, Allowance for Credit Loss 0 0
Debt Securities, Available-for-sale, Amortized Cost 219,306 269,848
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 79,096 68,440
Deferred Policy Acquisition Cost 16,423 9,732
Capitalized Contract Cost, Net 6,989 6,978
Deferred Income Tax Liabilities, Net $ 58,855 $ 65,217
Treasury Stock, Common, Shares 3,859,121 3,871,598
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss $ 136,793 $ 123,414
Short-term Investments $ 82,513 $ 146,442
Preferred Stock, Shares Issued 0 0
Receivables, Net, Current $ 100,537 $ 86,549
Reinsurance Recoverable, Allowance for Credit Loss 100 100
Accrued Liabilities for Commissions, Expense and Taxes 128,231 115,555
Allowance for Credit Loss, Receivable, Other, Current 350 350
Short-term Investments [Member]    
Assets:    
Debt Securities, Available-for-Sale 82,513 146,442
Stockholders’ equity:    
Debt Securities, Available-for-sale, Allowance for Credit Loss 0 0
Debt Securities, Available-for-sale, Amortized Cost 82,513 146,434
Fixed Income Securities [Member]    
Assets:    
Debt Securities, Available-for-Sale 134,141 122,295
Stockholders’ equity:    
Debt Securities, Available-for-sale, Allowance for Credit Loss 0 0
Debt Securities, Available-for-sale, Amortized Cost 136,793 123,414
Other Security Investments    
Stockholders’ equity:    
Other Investment Not Readily Marketable, Fair Value 25,015 24,971
Available-for-Sale Securities    
Stockholders’ equity:    
Debt Securities, Available-for-Sale, Excluding Accrued Interest $ 134,141 $ 122,295