Ambac gets shareholder approval for sale of legacy financial guarantee businesses

Share!

Reinsurance News - Oct 18, 2024

Ambac Financial Group, the insurance holding company, has announced that its shareholders have voted to approve the proposed purchase agreement under which funds managed by Oaktree Capital Management LP will acquire its legacy financial guaranty businesses: Ambac Assurance Corporation and Ambac Assu...

Read Full Article

Recommended Articles

9 in 10 businesses interested in insurance for Gen-AI-related risks: GA

Posted: Oct 02, 2025

Over 90% of businesses worldwide have expressed interest in insurance coverage for Generative AI (Ge...

Aon appoints Srivastava as Global Chief Broking Officer for Reinsurance

Posted: Oct 02, 2025

Aon, a global insurance and reinsurance broking group, has announced the appointment of Anshuman Sri...

Vantage promotes Krista Robinson to Chief Risk Officer

Posted: Oct 02, 2025

Vantage Group Holdings Ltd., a specialty insurer and reinsurer, has announced the promotion of Krist...