AMBAC Financial Group, Inc.

(redirected from AMBAC Indemnity Corporation)

AMBAC Financial Group, Inc.

A holding company whose subsidiaries provide guarantees and principal and interest payments on debt securities and some asset-backed securities. AMBAC's subsidiaries also provide other financial services, such as swaps and investment advice, mainly to state and local governments in the United States. It was founded in 1971 and is based in New York City.
References in periodicals archive ?
Although senior bond payments are guaranteed by AMBAC Indemnity Corporation (AMBAC), no credit was given to this guarantee, as Fitch has withdrawn the ratings on AMBAC.
Roseman's career in the financial guaranty industry began as a First Vice President with Ambac Indemnity Corporation.
The Company provides financial guarantee insurance through its principal operating subsidiary, AMBAC Indemnity Corporation (AMBAC Indemnity), which is a leading insurer of municipal and structured finance obligations.
AMBAC Indemnity Corporation Selected Statutory Data June 30, 1996 and December 31, 1995 (Dollars in Thousands, Except Ratios)
The company's principal operating subsidiary, AMBAC Indemnity Corporation, is a leading insurer of municipal and structured finance obligations.
0- AMBAC Indemnity Corporation Selected Statutory Data March 31, 1996 and December 31, 1995 (Dollars in Thousands, Except Ratios)
AMBAC Indemnity Corporation Selected Statutory Data December 31, 1995 and December 31, 1994 (Dollars in Thousands, Except Ratios)
AMBAC Indemnity Corporation Selected Statutory Data September 30, 1995 and December 31, 1994 (Dollars in Thousands, Except Ratios)
13, 1995--The two leading monoline financial guarantors in the United States, MBIA Insurance Corporation and AMBAC Indemnity Corporation, today announced the formation of an international joint venture to market financial guarantee insurance in the European Union.
AMBAC Indemnity Corporation Selected Statutory Data June 30, 1995 and December 31, 1994 (Dollars in Thousands, Except Ratios)
Payment of the principal and interest of the bonds will be insured by a municipal bond insurance policy to be issued by AMBAC Indemnity Corporation.
The Aaa-rated bond insurers are: AMBAC Indemnity Corporation, Capital Guaranty Insurance Company, Capital Markets Assurance Corporation, Financial Guaranty Insurance Company, Financial Security Assurance Inc.