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Schedule II - Condensed Financial Information of Registrant (Parent Company Only) - Condensed Statement of Total Comprehensive Income (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:                      
Other revenue $ 7,235 $ 6,422 $ (426) $ 83 $ 67 $ (5) $ 101 $ 37 $ 13,314 $ 200 $ 577
Net investment gains (losses), including impairments 4,455 577 (4,535) 0 (1) 0 20 (38) 497 (19) 62
Total revenues and other income                 235,815 124,728 53,612
General and Administrative Expense 40,444 44,681 28,336 18,050 21,193 17,914 17,117 11,839 129,166 66,985 56,278
Expenses:                      
Income tax expense (benefit)                 924 989 462
Net income (loss) (548,265) (27,504) (750) 20,070 (15,688) 65,869 (13,132) (33,417) (556,088) 4,951 522,120
Other comprehensive income, after tax:                      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total (20,943) (19,890) (14,719) (3,369) (9,099) (4,595) (8,725) (813) (58,921) (23,232) (35,244)
Unrealized gains (losses) on securities, net of deferred income taxes of $0                 (939) 51,184 (225,341)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax                 (22,156) 40,132 (84,520)
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Reclassification Adjustment from AOCI for Derecognition, after Tax                 (356) (88) 340
Total other comprehensive income (loss), net of income tax                 (28,390) 92,797 (310,454)
Total comprehensive income (loss) attributable to Ambac shareholders                 (581,765) 96,429 211,926
Net gains (losses) on derivative contracts $ (2,043) $ 6,545 $ (438) $ (48) $ 69 $ (27) $ (146) $ (175) 4,016 (279) 935
Parent Company [Member]                      
Condensed Income Statements, Captions [Line Items]                      
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, Tax                 1,295 2,095 (6,264)
Other Comprehensive Income (Loss), Foreign Currency Translation Gain (Loss) Arising During Period, Tax                 0 0 0
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Reclassification Adjustment from AOCI for Derecognition, Tax                 (118) 177 79
Revenues:                      
Investment income                 7,262 9,298 10,389
Other revenue                 (415) 6 (81)
Net investment gains (losses), including impairments                 498 (55) 13,664
Total revenues and other income                 10,259 9,011 (2,421)
General and Administrative Expense                 41,519 21,597 17,435
Expenses:                      
Operating Expenses                 41,519 21,597 17,435
Pretax income (loss) from continuing operations                 (31,260) (12,586) (19,856)
Income tax expense (benefit)                 1,748 1,193 462
Income (loss) before equity pick-up of net income (loss) of subsidiaries                 29,512 11,393 19,394
Equity in undistributed net income (loss) of subsidiaries                 (526,937) 15,026 541,773
Net income (loss)                 (556,449) 3,633 522,379
Other comprehensive income, after tax:                      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total                 (556,449) 3,632 522,380
Unrealized gains (losses) on securities, net of deferred income taxes of $0                 (939) 51,184 (225,341)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax                 (22,156) 40,132 (84,520)
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Reclassification Adjustment from AOCI for Derecognition, after Tax                 (356) (88) 340
Changes to postretirement benefit, net of tax                 (4,939) 1,569 (933)
Total other comprehensive income (loss), net of income tax                 (28,390) 92,797 (310,454)
Total comprehensive income (loss) attributable to Ambac shareholders                 (584,839) 96,430 211,925
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Plan Amendments, Tax Effect                 0 0 0
Net gains (losses) on derivative contracts                 $ 3,910 $ (348) $ 935