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Consolidated Balance Sheets - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Assets:        
Fixed maturity securities, at fair value $ 263,179      
Total investments (net of allowance for credit losses of $0 and $0) 291,393   $ 312,915  
Restricted Cash 17,596   17,669  
Premiums Receivable, Net 64,563   57,222  
Premium Receivable, Allowance for Credit Loss 142   142  
Reinsurance Recoverables, Including Reinsurance Premium Paid 351,110   306,191  
Deferred ceded premium 144,914   148,300  
Derivative assets 210   0  
Intangible assets, less accumulated amortization 345,061   344,775  
Goodwill 429,314   418,234 $ 69,694
Other assets 107,829   92,317  
Total assets 8,253,282   8,058,378  
Liabilities:        
Unearned premiums 181,387   182,446  
Liability for Claims and Claims Adjustment Expense 373,105   349,062  
Ceded premiums payable 81,358   53,002  
Accrued interest payable 2,695   2,560  
Derivative Liability 0   317  
Other liabilities 91,429   89,036  
Total liabilities 7,041,817   6,862,857  
Redeemable Noncontrolling Interest, Equity, Redemption Value 185,417      
Redeemable Noncontrolling Interest, Equity, Carrying Amount 185,417   140,860 17,079
Liabilities 7,041,817   6,862,857  
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 333,356   331,007  
Accumulated other comprehensive income (133,168)   (188,436) (160,046)
Retained earnings 681,489   742,185  
Treasury stock, shares at cost: 0 and 8,202 (29,945)   (28,339)  
Total Ambac Financial Group, Inc. stockholders’ equity 852,221   856,906  
Noncontrolling interest 173,827   197,755  
Total stockholders’ equity 1,026,048   1,054,661 1,414,615
Total liabilities and stockholders’ equity 8,253,282   8,058,378  
Debt Securities, Available-for-sale, Allowance for Credit Loss 0 $ 0 0  
Debt Securities, Available-for-sale, Amortized Cost 266,292 289,712    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 51,660   47,275 $ 19,223
Deferred Policy Acquisition Cost 9,615   8,572  
Capitalized Contract Cost, Net 7,176   7,500  
Deferred Income Tax Liabilities, Net $ 69,742   $ 70,135  
Treasury Stock, Common, Shares 2,447,746   2,368,194  
Preferred Stock, Shares Issued 0   0  
Short-Term Debt $ 150,000   $ 150,000  
Receivables, Net, Current 65,819 55,377    
Reinsurance Recoverable, Allowance for Credit Loss 100   100  
Disposal Group, Including Discontinued Operation, Assets 6,392,004 6,267,200    
Accrued Liabilities for Commissions, Expense and Taxes 81,017 71,431    
Disposal Group, Including Discontinued Operation, Liabilities 6,003,908 5,887,685    
Afg [Member]        
Stockholders’ equity:        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 51,660   47,275  
Short-term Investments [Member]        
Assets:        
Fixed maturity securities, at fair value 101,610 127,601    
Stockholders’ equity:        
Debt Securities, Available-for-sale, Allowance for Credit Loss 0 0    
Debt Securities, Available-for-sale, Amortized Cost 101,604 127,588 127,588  
Fixed Income Securities [Member]        
Assets:        
Fixed maturity securities, at fair value 161,569 157,020    
Stockholders’ equity:        
Debt Securities, Available-for-sale, Allowance for Credit Loss 0 0    
Debt Securities, Available-for-sale, Amortized Cost 164,688 $ 162,124    
Debt Securities, Available-for-Sale, Excluding Accrued Interest 161,569   157,020  
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss 164,688   162,124  
Short-term Investments [Member]        
Assets:        
Fixed maturity securities, at fair value 101,610   127,601  
Stockholders’ equity:        
Gross Investment Income, Operating 1,457      
Other Investments [Member]        
Stockholders’ equity:        
Other Investment Not Readily Marketable, Fair Value 28,214   $ 28,294  
Gross Investment Income, Operating $ (79)