Octave Specialty Group Inc - Company Profile
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Business Description
Octave Specialty Group Inc, formerly Ambac Financial Group Inc (Ambac) is a financial services holding company that provides financial guarantees to both private and public sector clients globally, through its subsidiaries. It provides financial guarantee insurance principally in three markets: US public finance, US structured finance, and international finance. The company offers its services through its major subsidiaries: Ambac Assurance Corporation and Ambac Assurance UK Limited.
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Business Segments
Overview
Includes the Corporate and other functions of the group.
Performance
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Overview
Includes the functions of Managing General Agents and insurance distribution business carried by Cirrata Group.
Performance
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Overview
Offers a diverse commercial and personal liability hybrid policies through Everspan. Intends to grow the return on capital by diversifying its business, by carrying out acquisitions, new business “de-novo” formation and incubation, and product expansion.
Performance
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