Ambac (AMBC) Reports Q1 EPS of $0.30
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Ambac Reports First Quarter 2022 Results
May 10, 2022 4:10 PM EDTSignificant Progress in Strategic Initiatives
Net income of $2 million and adjusted earnings of $14 million, including the impact of previously announced developments related to RMBS litigation and Puerto Rico
Specialty P&C insurance production totaled $69 million, up 71% from first quarter 2021
Puerto Rico principal and interest exposure reduced by $450 million or 25% from December 31, 2021
NEW YORK--(BUSINESS WIRE)-- Ambac Financial Group, Inc. (NYSE: AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported net income attributable to common stockholders... More
