10-Q Filing

OCTAVE SPECIALTY GROUP INC CIK: 874501 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0000874501-20-000131`
Period End Date	20200930
Filing Date	20201109
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	ambc-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 122 Cash Flow Statement 86 Stockholders Equity 24 Comprehensive Income 16

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Debt Securities, Available-for-sale, Amortized Cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.91B	USD	Point-in-time
Debt Securities, Available-for-sale, Allowance for Credit Loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	-	USD	Point-in-time
Premium Receivable, Allowance for Credit Loss	`PremiumsReceivableAllowanceForDoubtfulAccounts`	$18.00M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	130.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.57M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.87M	shares	Point-in-time
Fixed income securities, at fair value	`AvailableForSaleSecuritiesDebtSecurities`	$3.05B	USD	Point-in-time
Total investments (net of allowance for credit losses of $0 at September 30, 2020)	`Investments`	$3.55B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	45.81M	shares	Point-in-time
Total investments (net of allowance for credit losses of $0 at September 30, 2020)	`Investments`	$3.79B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$52.00M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	16,343.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	55,942.00	shares	Point-in-time
Restricted Cash	`RestrictedCash`	$13.00M	USD	Point-in-time
Restricted Cash	`RestrictedCash`	$55.00M	USD	Point-in-time
Restricted Cash	`RestrictedCash`	$10.00M	USD	Point-in-time
Premiums Receivable, Net	`PremiumsReceivableAtCarryingValue`	$416.00M	USD	Point-in-time
Premiums Receivable, Net	`PremiumsReceivableAtCarryingValue`	$372.00M	USD	Point-in-time
Reinsurance Recoverable, Allowance for Credit Loss	`ReinsuranceRecoverablesAllowance`	-	USD	Point-in-time
Reinsurance Recoverables, Including Reinsurance Premium Paid	`ReinsuranceRecoverables`	$37.00M	USD	Point-in-time
Reinsurance Recoverables, Including Reinsurance Premium Paid	`ReinsuranceRecoverables`	$26.00M	USD	Point-in-time
Deferred ceded premium	`PrepaidReinsurancePremiums`	$82.00M	USD	Point-in-time
Deferred ceded premium	`PrepaidReinsurancePremiums`	$73.00M	USD	Point-in-time
Subrogation recoverable	`SalvageAndSubrogationRecoveriesValue`	$2.03B	USD	Point-in-time
Subrogation recoverable	`SalvageAndSubrogationRecoveriesValue`	$2.19B	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$75.00M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$95.00M	USD	Point-in-time
Income Taxes Receivable	`IncomeTaxesReceivable`	$11.00M	USD	Point-in-time
Income Taxes Receivable	`IncomeTaxesReceivable`	$2.00M	USD	Point-in-time
Insurance intangible asset	`IntangibleAssetsNetExcludingGoodwill`	$383.00M	USD	Point-in-time
Insurance intangible asset	`IntangibleAssetsNetExcludingGoodwill`	$427.00M	USD	Point-in-time
Other assets	`OtherAssets`	$60.00M	USD	Point-in-time
Other assets	`OtherAssets`	$95.00M	USD	Point-in-time
Total assets	`Assets`	$12.81B	USD	Point-in-time
Total assets	`Assets`	$13.32B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$518.00M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$468.00M	USD	Point-in-time
Loss and loss expense reserves	`LiabilityNetForClaimsAndClaimsAdjustmentExpenseFinancialGuaranteeInsuranceContracts`	$1.55B	USD	Point-in-time
Loss and loss expense reserves	`LiabilityNetForClaimsAndClaimsAdjustmentExpenseFinancialGuaranteeInsuranceContracts`	$1.80B	USD	Point-in-time
Ceded premiums payable	`ReinsurancePayable`	$29.00M	USD	Point-in-time
Ceded premiums payable	`ReinsurancePayable`	$27.00M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$2.74B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$2.82B	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$499.00M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$441.00M	USD	Point-in-time
Derivative Liability	`DerivativeLiabilities`	$126.00M	USD	Point-in-time
Derivative Liability	`DerivativeLiabilities`	$90.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$93.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$91.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$11.78B	USD	Point-in-time
Total liabilities	`Liabilities`	$11.72B	USD	Point-in-time
Preferred stock, par value $0.01 per share; 20,000,000 shares authorized; issued and outstanding sharesnone	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.01 per share; 20,000,000 shares authorized; issued and outstanding sharesnone	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, Value, Issued	`CommonStockValue`	-	USD	Point-in-time
Common Stock, Value, Issued	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$240.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$232.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-48.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-49.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$26.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$22.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$42.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$19.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.20B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$773.00M	USD	Point-in-time
Treasury stock, shares at cost: 0 and 8,202	`TreasuryStockValue`	-	USD	Point-in-time
Treasury stock, shares at cost: 0 and 8,202	`TreasuryStockValue`	$1.00M	USD	Point-in-time
Total Ambac Financial Group, Inc. stockholders equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total Ambac Financial Group, Inc. stockholders equity	`StockholdersEquity`	$1.48B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$60.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$60.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.54B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$12.81B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$13.32B	USD	Point-in-time
Deferred Income Tax Liabilities, Net	`DeferredIncomeTaxLiabilitiesNet`	$32.00M	USD	Point-in-time
Deferred Income Tax Liabilities, Net	`DeferredIncomeTaxLiabilitiesNet`	$28.00M	USD	Point-in-time
Available-for-sale Securities, Amortized Cost Basis	`AvailableForSaleSecuritiesAmortizedCost`	$2.91B	USD	Point-in-time
Available-for-sale Securities, Amortized Cost Basis	`AvailableForSaleSecuritiesAmortizedCost`	$3.19B	USD	Point-in-time

Income Statement 122 line items

Line Item	Tag	Value	Unit	Period
Net premiums earned	`PremiumsEarnedNetFinancialGuaranteeInsuranceContracts`	$46.00M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNetFinancialGuaranteeInsuranceContracts`	$36.00M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNetFinancialGuaranteeInsuranceContracts`	$15.00M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNetFinancialGuaranteeInsuranceContracts`	$10.00M	USD	1 Quarter
Securities available-for-sale and short-term	`InterestAndDividendIncomeSecuritiesAvailableForSale`	$36.00M	USD	1 Quarter
Securities available-for-sale and short-term	`InterestAndDividendIncomeSecuritiesAvailableForSale`	$80.00M	USD	3 Qtrs
Securities available-for-sale and short-term	`InterestAndDividendIncomeSecuritiesAvailableForSale`	$161.00M	USD	3 Qtrs
Securities available-for-sale and short-term	`InterestAndDividendIncomeSecuritiesAvailableForSale`	$24.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$186.00M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$45.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$69.00M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$37.00M	USD	1 Quarter
Available-for-sale Securities, Gross Realized Gain (Loss), Excluding Other than Temporary Impairments	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$71.00M	USD	3 Qtrs
Available-for-sale Securities, Gross Realized Gain (Loss), Excluding Other than Temporary Impairments	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$20.00M	USD	3 Qtrs
Available-for-sale Securities, Gross Realized Gain (Loss), Excluding Other than Temporary Impairments	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$2.00M	USD	1 Quarter
Available-for-sale Securities, Gross Realized Gain (Loss), Excluding Other than Temporary Impairments	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$18.00M	USD	1 Quarter
Realized Investment Gains (Losses)	`RealizedInvestmentGainsLosses`	$20.00M	USD	3 Qtrs
Realized Investment Gains (Losses)	`RealizedInvestmentGainsLosses`	$2.00M	USD	1 Quarter
Realized Investment Gains (Losses)	`RealizedInvestmentGainsLosses`	$18.00M	USD	1 Quarter
Realized Investment Gains (Losses)	`RealizedInvestmentGainsLosses`	$71.00M	USD	3 Qtrs
Unrealized gains (losses)	`UnrealizedGainLossOnDerivatives`	$1.00M	USD	3 Qtrs
Unrealized gains (losses)	`UnrealizedGainLossOnDerivatives`	$-1.00M	USD	3 Qtrs
Derivative, Gain (Loss) on Derivative, Net	`DerivativeGainLossOnDerivativeNet`	$-10.00M	USD	1 Quarter
Derivative, Gain (Loss) on Derivative, Net	`DerivativeGainLossOnDerivativeNet`	$-61.00M	USD	3 Qtrs
Derivative, Gain (Loss) on Derivative, Net	`DerivativeGainLossOnDerivativeNet`	$7.00M	USD	1 Quarter
Derivative, Gain (Loss) on Derivative, Net	`DerivativeGainLossOnDerivativeNet`	$-61.00M	USD	3 Qtrs
Other Operating Income (Expense), Net	`OtherOperatingIncomeExpenseNet`	$133.00M	USD	3 Qtrs
Other Operating Income (Expense), Net	`OtherOperatingIncomeExpenseNet`	$141.00M	USD	1 Quarter
Other Operating Income (Expense), Net	`OtherOperatingIncomeExpenseNet`	$2.00M	USD	3 Qtrs
Other Operating Income (Expense), Net	`OtherOperatingIncomeExpenseNet`	$2.00M	USD	1 Quarter
Income (loss) on variable interest entities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$11.00M	USD	1 Quarter
Income (loss) on variable interest entities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	-	USD	1 Quarter
Income (loss) on variable interest entities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$30.00M	USD	3 Qtrs
Income (loss) on variable interest entities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$3.00M	USD	3 Qtrs
Total revenues	`Revenues`	$406.00M	USD	3 Qtrs
Total revenues	`Revenues`	$68.00M	USD	3 Qtrs
Total revenues	`Revenues`	$62.00M	USD	1 Quarter
Total revenues	`Revenues`	$216.00M	USD	1 Quarter
Losses and loss expenses (benefit)	`IncurredClaimsFinancialGuaranteeInsuranceContracts`	$83.00M	USD	1 Quarter
Losses and loss expenses (benefit)	`IncurredClaimsFinancialGuaranteeInsuranceContracts`	$216.00M	USD	3 Qtrs
Losses and loss expenses (benefit)	`IncurredClaimsFinancialGuaranteeInsuranceContracts`	$-84.00M	USD	3 Qtrs
Losses and loss expenses (benefit)	`IncurredClaimsFinancialGuaranteeInsuranceContracts`	$37.00M	USD	1 Quarter
Insurance intangible amortization	`AmortizationOfIntangibleAssets`	$280.00M	USD	3 Qtrs
Insurance intangible amortization	`AmortizationOfIntangibleAssets`	$14.00M	USD	1 Quarter
Insurance intangible amortization	`AmortizationOfIntangibleAssets`	$17.00M	USD	1 Quarter
Insurance intangible amortization	`AmortizationOfIntangibleAssets`	$41.00M	USD	3 Qtrs
Operating expenses	`OtherUnderwritingExpense`	$80.00M	USD	3 Qtrs
Operating expenses	`OtherUnderwritingExpense`	$23.00M	USD	1 Quarter
Operating expenses	`OtherUnderwritingExpense`	$67.00M	USD	3 Qtrs
Operating expenses	`OtherUnderwritingExpense`	$26.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$202.00M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$67.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$172.00M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$50.00M	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$147.00M	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$495.00M	USD	3 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$478.00M	USD	3 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$170.00M	USD	1 Quarter
Pre-tax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-427.00M	USD	3 Qtrs
Pre-tax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-72.00M	USD	3 Qtrs
Pre-tax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$69.00M	USD	1 Quarter
Pre-tax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-108.00M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$33.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$3.00M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-5.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-423.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-108.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-106.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$66.00M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$66.00M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-106.00M	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-108.00M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-423.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-423.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-108.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-106.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$66.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$31.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$103.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$42.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$29.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-24.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, after Tax	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, after Tax	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	$2.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, after Tax	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, after Tax	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	-	USD	3 Qtrs
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$3.00M	USD	3 Qtrs
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	3 Qtrs
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Total other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-20.00M	USD	3 Qtrs
Total other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$75.00M	USD	3 Qtrs
Total other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$71.00M	USD	1 Quarter
Total other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$73.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-442.00M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-37.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-30.00M	USD	3 Qtrs
Total comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$73.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-37.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-442.00M	USD	3 Qtrs
Total comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-30.00M	USD	3 Qtrs
Earnings Per Share, Basic	`EarningsPerShareBasic`	$-2.30	USD	3 Qtrs
Earnings Per Share, Basic	`EarningsPerShareBasic`	$-9.16	USD	3 Qtrs
Earnings Per Share, Basic	`EarningsPerShareBasic`	$1.44	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	$-2.33	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$1.41	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$-2.30	USD	3 Qtrs
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$-2.33	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$-9.16	USD	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	46.18M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	46.14M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	45.94M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	46.00M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.14M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.18M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.94M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.02M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-423.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-108.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-106.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$66.00M	USD	1 Quarter
Amortization of bond premium and discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$12.00M	USD	3 Qtrs
Amortization of bond premium and discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$59.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$10.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$8.00M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$5.00M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.00M	USD	3 Qtrs
Current income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$28.00M	USD	3 Qtrs
Current income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$9.00M	USD	3 Qtrs
Unearned premiums, net	`IncreaseDecreaseInUnearnedPremiums`	$-118.00M	USD	3 Qtrs
Unearned premiums, net	`IncreaseDecreaseInUnearnedPremiums`	$-40.00M	USD	3 Qtrs
Losses and loss expenses, net	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$461.00M	USD	3 Qtrs
Losses and loss expenses, net	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-78.00M	USD	3 Qtrs
Ceded premiums payable	`IncreaseDecreaseInReinsurancePayables`	$-2.00M	USD	3 Qtrs
Ceded premiums payable	`IncreaseDecreaseInReinsurancePayables`	$-3.00M	USD	3 Qtrs
Premium receivables	`IncreaseDecreaseInPremiumsReceivable`	$-81.00M	USD	3 Qtrs
Premium receivables	`IncreaseDecreaseInPremiumsReceivable`	$-44.00M	USD	3 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$65.00M	USD	3 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$69.00M	USD	3 Qtrs
Amortization of insurance intangible assets	`AmortizationOfIntangibleAssets`	$280.00M	USD	3 Qtrs
Amortization of insurance intangible assets	`AmortizationOfIntangibleAssets`	$14.00M	USD	1 Quarter
Amortization of insurance intangible assets	`AmortizationOfIntangibleAssets`	$17.00M	USD	1 Quarter
Amortization of insurance intangible assets	`AmortizationOfIntangibleAssets`	$41.00M	USD	3 Qtrs
Net mark-to-market (gains) losses	`UnrealizedGainLossOnDerivatives`	$1.00M	USD	3 Qtrs
Net mark-to-market (gains) losses	`UnrealizedGainLossOnDerivatives`	$-1.00M	USD	3 Qtrs
Net realized investment gains	`RealizedInvestmentGainsLosses`	$20.00M	USD	3 Qtrs
Net realized investment gains	`RealizedInvestmentGainsLosses`	$2.00M	USD	1 Quarter
Net realized investment gains	`RealizedInvestmentGainsLosses`	$18.00M	USD	1 Quarter
Net realized investment gains	`RealizedInvestmentGainsLosses`	$71.00M	USD	3 Qtrs
Variable interest entity activities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$11.00M	USD	1 Quarter
Variable interest entity activities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	-	USD	1 Quarter
Variable interest entity activities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$30.00M	USD	3 Qtrs
Variable interest entity activities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$3.00M	USD	3 Qtrs
Derivative assets and liabilities	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$-15.00M	USD	3 Qtrs
Derivative assets and liabilities	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$-5.00M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-87.00M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-72.00M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-296.00M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-167.00M	USD	3 Qtrs
Proceeds from sales of bonds	`ProceedsFromSaleOfAvailableForSaleSecurities`	$1.05B	USD	3 Qtrs
Proceeds from sales of bonds	`ProceedsFromSaleOfAvailableForSaleSecurities`	$974.00M	USD	3 Qtrs
Proceeds from matured bonds	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$105.00M	USD	3 Qtrs
Proceeds from matured bonds	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$317.00M	USD	3 Qtrs
Purchases of bonds	`PaymentsToAcquireAvailableForSaleSecurities`	$844.00M	USD	3 Qtrs
Purchases of bonds	`PaymentsToAcquireAvailableForSaleSecurities`	$866.00M	USD	3 Qtrs
Proceeds from sales of other invested assets	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$377.00M	USD	3 Qtrs
Proceeds from sales of other invested assets	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$73.00M	USD	3 Qtrs
Purchases of other invested assets	`PaymentsToAcquireOtherInvestments`	$135.00M	USD	3 Qtrs
Purchases of other invested assets	`PaymentsToAcquireOtherInvestments`	$425.00M	USD	3 Qtrs
Change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$-67.00M	USD	3 Qtrs
Change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$235.00M	USD	3 Qtrs
Change in cash collateral receivable	`IncreaseDecreaseCashCollateralFromCounterparties`	$75.00M	USD	3 Qtrs
Change in cash collateral receivable	`IncreaseDecreaseCashCollateralFromCounterparties`	$-2.00M	USD	3 Qtrs
Proceeds from paydowns of consolidated VIE assets	`ProceedsFromFinancialGuarantyVariableInterestEntityAssets`	$512.00M	USD	3 Qtrs
Proceeds from paydowns of consolidated VIE assets	`ProceedsFromFinancialGuarantyVariableInterestEntityAssets`	$142.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$396.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$791.00M	USD	3 Qtrs
Proceeds from issuance of Ambac UK debt	`ProceedsFromIssuanceofAmbacUKDebt`	-	USD	3 Qtrs
Proceeds from issuance of Ambac UK debt	`ProceedsFromIssuanceofAmbacUKDebt`	$12.00M	USD	3 Qtrs
Paydowns of Ambac note	`PaydownofAmbacNote`	$29.00M	USD	3 Qtrs
Paydowns of Ambac note	`PaydownofAmbacNote`	$115.00M	USD	3 Qtrs
Issuance of auction market preferred shares of Ambac Assurance	`AMPSProceeds`	$19.00M	USD	3 Qtrs
Issuance of auction market preferred shares of Ambac Assurance	`AMPSProceeds`	-	USD	3 Qtrs
Tax payments related to shares withheld for share-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.00M	USD	3 Qtrs
Tax payments related to shares withheld for share-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.00M	USD	3 Qtrs
Payments of consolidated VIE liabilities	`PaydownofFinancialGuarantyVariableInterestEntityLiabilities`	$143.00M	USD	3 Qtrs
Payments of consolidated VIE liabilities	`PaydownofFinancialGuarantyVariableInterestEntityLiabilities`	$510.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-260.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-511.00M	USD	3 Qtrs
Effect of foreign exchange on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	3 Qtrs
Effect of foreign exchange on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	3 Qtrs
Net cash flow	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-31.00M	USD	3 Qtrs
Net cash flow	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-16.00M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$81.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$50.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$81.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$50.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.00M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.54B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Point-in-time
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$73.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-442.00M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-37.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-30.00M	USD	3 Qtrs
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$2.00M	USD	1 Quarter
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$8.00M	USD	3 Qtrs
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$10.00M	USD	3 Qtrs
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$3.00M	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-3.00M	USD	3 Qtrs
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-3.00M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.54B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Point-in-time
AMPS Impact on Stockholders Equity	`AMPSImpactonStockholdersEquity`	$19.00M	USD	3 Qtrs

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Unrealized (loss) gain on securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Unrealized (loss) gain on securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.00M	USD	3 Qtrs
Unrealized (loss) gain on securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.00M	USD	1 Quarter
Unrealized (loss) gain on securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-7.00M	USD	3 Qtrs
Gain (loss) on foreign currency translation, taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	3 Qtrs
Gain (loss) on foreign currency translation, taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	3 Qtrs
Gain (loss) on foreign currency translation, taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Gain (loss) on foreign currency translation, taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, Tax	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, Tax	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, Tax	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	3 Qtrs
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, Tax	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	3 Qtrs
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Plan Amendments, Tax Effect	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansPlanAmendmentsTaxEffect`	-	USD	1 Quarter
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Plan Amendments, Tax Effect	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansPlanAmendmentsTaxEffect`	-	USD	3 Qtrs
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Plan Amendments, Tax Effect	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansPlanAmendmentsTaxEffect`	-	USD	3 Qtrs
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Plan Amendments, Tax Effect	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansPlanAmendmentsTaxEffect`	-	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.