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DISCONTINUED OPERATION - Net Income (Loss) from Discontinued Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2025
Sep. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2021
EXPENSES:            
Net income (loss) from discontinued operations     $ (163,288) $ (497,167) $ 28,183  
Net income (loss) attributable to Ambac common shareholders     (163,288) (497,167) $ 28,183  
Ambac Assurance Corporation | Discontinued Operations, Held-for-Sale or Disposed of by Sale            
REVENUES:            
Net premiums earned     15,145 23,879   $ 26,040
Net investment income     100,203 133,933   126,957
Net investment gains (losses), including impairments     (12,616) 4,416   (22,507)
Net gains (losses) on derivative contracts     302 3,958   (699)
Other revenues     18,016 31,096   14,533
Total revenues     121,050 197,282   144,324
EXPENSES:            
Loss and loss adjustment expenses (benefit)     10,444 (45,767)   (69,320)
Intangible amortization     17,097 30,508   24,736
General & administrative and other expenses     81,034 57,491   88,306
Interest expense     47,617 63,587   64,025
Total expenses     156,192 105,819   107,747
Pretax income (loss)     (35,142) 91,463   36,577
Provision for income taxes     10,678 18,485   8,394
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax   $ (117,468) (117,468)      
Loss on disposal $ 570,145 $ 687,613   (570,145)   0
Net income (loss) from discontinued operations     $ (163,288) $ (497,167)   $ 28,183