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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets:    
Available-for-sale Securities $ 157,020 $ 135,224
Short-term Investments 127,601 200,510
Other Investments 28,294 18,317
Investments, Total 312,915 354,051
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 47,275 19,223
Restricted Cash 17,669 11,881
Premiums Receivable, Net 57,222 45,893
Receivables, Net, Current 55,377 9,419
Reinsurance Recoverables, Including Reinsurance Premium Paid 306,191 164,997
Deferred ceded premium 148,300 110,407
Deferred Policy Acquisition Cost 8,572 10,960
Derivative assets 0 656
Intangible assets, less accumulated amortization 344,775 61,403
Goodwill 418,234 69,694
Other assets 92,317 65,817
Disposal Group, Including Discontinued Operation, Assets 6,267,200 7,516,456
Total assets 8,058,378 8,428,320
Liabilities:    
Unearned premiums 182,446 154,878
Liability for Claims and Claims Adjustment Expense 349,062 197,089
Ceded premiums payable 53,002 29,666
Capitalized Contract Cost, Net 7,500 5,777
Accrued Liabilities for Commissions, Expense and Taxes 71,431 6,932
Deferred Income Tax Liabilities, Net 70,135 0
Short-Term Debt 150,000  
Accrued interest payable 2,560 0
Derivative liabilities 317 0
Other liabilities 89,036 60,419
Total liabilities held-for-sale 5,887,685 6,541,866
Liabilities $ 6,862,857 $ 6,996,627
Preferred stock, shares outstanding (in shares) 0 0
Preferred stock, shares authorized 20,000,000 20,000,000
Stockholders’ equity:    
Preferred Stock, Value, Issued $ 0 $ 0
Common Stock, Value, Issued 489 467
Additional paid-in capital 331,007 291,761
Accumulated other comprehensive income (loss) (188,436) (160,047)
Retained earnings 742,185 1,246,048
Treasury Stock, Value (28,339) (16,573)
Total Ambac Financial Group, Inc. stockholders’ equity 856,906 1,361,656
Nonredeemable noncontrolling interest 197,755 52,958
Total stockholders’ equity $ 1,054,661 $ 1,414,614
Preferred stock, par value $ 0.01  
Common stock, shares issued 48,875,167 46,659,144
Common stock, shares authorized 130,000,000 130,000,000
Redeemable Noncontrolling Interest, Equity, Carrying Amount $ 140,860 $ 17,079
Total liabilities, redeemable noncontrolling interest and stockholders’ equity $ 8,058,378 $ 8,428,320
Treasury Stock, Common, Shares 2,368,194 1,463,774
Fixed income securities, amortized cost $ 289,712 $ 341,685
Fixed Income Securities [Member]    
Stockholders’ equity:    
Fixed income securities, amortized cost 162,124 141,179
Variable Interest Entity [Member]    
Assets:    
Restricted Cash $ 47,275 $ 19,223