10-K Filing

OCTAVE SPECIALTY GROUP INC CIK: 874501 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0000874501-22-000019`
Period End Date	20211231
Filing Date	20220224
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	ambc-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 106 Income Statement 86 Cash Flow Statement 128 Stockholders Equity 20

Balance Sheet 106 line items

Line Item	Tag	Value	Unit	Period
Estimated Fair Value	`AvailableForSaleSecuritiesDebtSecurities`	$2.27B	USD	Point-in-time
Fixed income securities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.14B	USD	Point-in-time
Short-term Investments	`ShortTermInvestments`	$492.00M	USD	Point-in-time
Short-term investments, amortized cost	`ShortTermInvestmentsAmortizedCost`	$415.00M	USD	Point-in-time
Short-term investments, amortized cost	`ShortTermInvestmentsAmortizedCost`	$492.00M	USD	Point-in-time
Short-term Investments	`ShortTermInvestments`	$414.00M	USD	Point-in-time
Other Investments	`OtherInvestments`	$690.00M	USD	Point-in-time
Other Investments	`OtherInvestments`	$595.00M	USD	Point-in-time
Debt Securities, Available-for-sale, Allowance for Credit Loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	-	USD	Point-in-time
Debt Securities, Available-for-sale, Allowance for Credit Loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	-	USD	Point-in-time
Investments, Total	`Investments`	$2.96B	USD	Point-in-time
Investments, Total	`Investments`	$3.54B	USD	Point-in-time
Uncollectable premium receivables	`PremiumsReceivableAllowanceForDoubtfulAccounts`	$17.00M	USD	Point-in-time
Uncollectable premium receivables	`PremiumsReceivableAllowanceForDoubtfulAccounts`	$9.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.00M	USD	Point-in-time
Reinsurance Recoverable, Allowance for Credit Loss	`ReinsuranceRecoverablesAllowance`	-	USD	Point-in-time
Reinsurance Recoverable, Allowance for Credit Loss	`ReinsuranceRecoverablesAllowance`	-	USD	Point-in-time
Restricted Cash	`RestrictedCash`	$13.00M	USD	Point-in-time
Restricted Cash	`RestrictedCash`	$55.00M	USD	Point-in-time
Restricted Cash	`RestrictedCash`	$5.00M	USD	Point-in-time
Premiums Receivable, Net	`PremiumsReceivableAtCarryingValue`	$370.00M	USD	Point-in-time
Premiums Receivable, Net	`PremiumsReceivableAtCarryingValue`	$323.00M	USD	Point-in-time
Reinsurance Recoverables, Including Reinsurance Premium Paid	`ReinsuranceRecoverables`	$33.00M	USD	Point-in-time
Reinsurance Recoverables, Including Reinsurance Premium Paid	`ReinsuranceRecoverables`	$55.00M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred ceded premium	`PrepaidReinsurancePremiums`	$90.00M	USD	Point-in-time
Deferred ceded premium	`PrepaidReinsurancePremiums`	$70.00M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Subrogation recoverable	`SalvageAndSubrogationRecoveriesValue`	$2.16B	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Subrogation recoverable	`SalvageAndSubrogationRecoveriesValue`	$2.09B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	130.00M	shares	Point-in-time
Derivative assets	`DerivativeAssets`	$93.00M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$76.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	130.00M	shares	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$362.00M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$409.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.48M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.87M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	46.30M	shares	Point-in-time
Goodwill	`Goodwill`	$46.00M	USD	Point-in-time
Goodwill	`Goodwill`	$46.00M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	172,929.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	55,942.00	shares	Point-in-time
Other assets	`OtherAssets`	$68.00M	USD	Point-in-time
Other assets	`OtherAssets`	$68.00M	USD	Point-in-time
Total assets	`Assets`	$13.22B	USD	Point-in-time
Total assets	`Assets`	$12.30B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$456.00M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$395.00M	USD	Point-in-time
Liability for Claims and Claims Adjustment Expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$-482.00M	USD	Point-in-time
Liability for Claims and Claims Adjustment Expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$1.57B	USD	Point-in-time
Liability for Claims and Claims Adjustment Expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$1.76B	USD	Point-in-time
Liability for Claims and Claims Adjustment Expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$-107.00M	USD	Point-in-time
Ceded premiums payable	`ReinsurancePayable`	$27.00M	USD	Point-in-time
Ceded premiums payable	`ReinsurancePayable`	$33.00M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$2.23B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$2.74B	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$576.00M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$517.00M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilities`	$114.00M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilities`	$95.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$135.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$133.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$12.07B	USD	Point-in-time
Total liabilities	`Liabilities`	$11.19B	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred Stock, Value, Issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, Value, Issued	`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`	$257.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$242.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$58.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$79.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$42.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$726.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$759.00M	USD	Point-in-time
Treasury Stock, Value	`TreasuryStockValue`	$1.00M	USD	Point-in-time
Treasury Stock, Value	`TreasuryStockValue`	$3.00M	USD	Point-in-time
Total Ambac Financial Group, Inc. stockholders equity	`StockholdersEquity`	$1.08B	USD	Point-in-time
Total Ambac Financial Group, Inc. stockholders equity	`StockholdersEquity`	$1.04B	USD	Point-in-time
Nonredeemable noncontrolling interest	`MinorityInterest`	$60.00M	USD	Point-in-time
Nonredeemable noncontrolling interest	`MinorityInterest`	$60.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	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 liabilities, redeemable noncontrolling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$13.22B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$12.30B	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.48M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.87M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	130.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	130.00M	shares	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$18.00M	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$7.00M	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net premiums earned	`PremiumsEarnedNetFinancialGuaranteeInsuranceContracts`	$47.00M	USD	Annual
Net premiums earned	`PremiumsEarnedNetFinancialGuaranteeInsuranceContracts`	$54.00M	USD	Annual
Net premiums earned	`PremiumsEarnedNetFinancialGuaranteeInsuranceContracts`	$66.00M	USD	Annual
Securities available-for-sale and short-term	`InterestAndDividendIncomeSecuritiesAvailableForSale`	$196.00M	USD	Annual
Securities available-for-sale and short-term	`InterestAndDividendIncomeSecuritiesAvailableForSale`	$103.00M	USD	Annual
Securities available-for-sale and short-term	`InterestAndDividendIncomeSecuritiesAvailableForSale`	$74.00M	USD	Annual
Net investment income	`NetInvestmentIncome`	$139.00M	USD	Annual
Net investment income	`NetInvestmentIncome`	$122.00M	USD	Annual
Net investment income	`NetInvestmentIncome`	$227.00M	USD	Annual
Realized Investment Gains (Losses)	`RealizedInvestmentGainsLosses`	$81.00M	USD	Annual
Realized Investment Gains (Losses)	`RealizedInvestmentGainsLosses`	$7.00M	USD	Annual
Realized Investment Gains (Losses)	`RealizedInvestmentGainsLosses`	$22.00M	USD	Annual
Derivative, Gain (Loss) on Derivative, Net	`DerivativeGainLossOnDerivativeNet`	$-50.00M	USD	Annual
Derivative, Gain (Loss) on Derivative, Net	`DerivativeGainLossOnDerivativeNet`	$22.00M	USD	Annual
Derivative, Gain (Loss) on Derivative, Net	`DerivativeGainLossOnDerivativeNet`	$-50.00M	USD	Annual
Net realized gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Net realized gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Net realized gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$33.00M	USD	Annual
Other income	`OtherIncome`	$3.00M	USD	Annual
Other income	`OtherIncome`	$27.00M	USD	Annual
Other income	`OtherIncome`	$134.00M	USD	Annual
Income (loss) on variable interest entities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$7.00M	USD	Annual
Income (loss) on variable interest entities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$5.00M	USD	Annual
Income (loss) on variable interest entities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$38.00M	USD	Annual
Total revenues	`Revenues`	$156.00M	USD	Annual
Total revenues	`Revenues`	$282.00M	USD	Annual
Total revenues	`Revenues`	$496.00M	USD	Annual
Losses and loss expenses (benefit)	`IncurredClaimsFinancialGuaranteeInsuranceContracts`	$-88.00M	USD	Annual
Losses and loss expenses (benefit)	`IncurredClaimsFinancialGuaranteeInsuranceContracts`	$13.00M	USD	Annual
Losses and loss expenses (benefit)	`IncurredClaimsFinancialGuaranteeInsuranceContracts`	$225.00M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$55.00M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$295.00M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$57.00M	USD	Annual
Operating expenses	`OtherUnderwritingExpense`	$126.00M	USD	Annual
Operating expenses	`OtherUnderwritingExpense`	$92.00M	USD	Annual
Operating expenses	`OtherUnderwritingExpense`	$103.00M	USD	Annual
Interest expense	`InterestExpenseDebt`	$187.00M	USD	Annual
Interest expense	`InterestExpenseDebt`	$222.00M	USD	Annual
Interest expense	`InterestExpenseDebt`	$269.00M	USD	Annual
Total expenses	`BenefitsLossesAndExpenses`	$680.00M	USD	Annual
Total expenses	`BenefitsLossesAndExpenses`	$596.00M	USD	Annual
Total expenses	`BenefitsLossesAndExpenses`	$281.00M	USD	Annual
Pre-tax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-183.00M	USD	Annual
Pre-tax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.00M	USD	Annual
Pre-tax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-440.00M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$32.00M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$18.00M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-3.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$-16.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$-216.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$-437.00M	USD	Annual
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-1.00M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-17.00M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-437.00M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-216.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$-16.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$-216.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$-437.00M	USD	Annual
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Reclassification Adjustment from AOCI for Derecognition, after Tax	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax`	$1.00M	USD	Annual
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Reclassification Adjustment from AOCI for Derecognition, after Tax	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax`	$-1.00M	USD	Annual
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Reclassification Adjustment from AOCI for Derecognition, after Tax	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax`	-	USD	Annual
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	USD	Annual
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$3.00M	USD	Annual
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	USD	Annual
Total other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$91.00M	USD	Annual
Total other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-21.00M	USD	Annual
Total other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$37.00M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-400.00M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-125.00M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-38.00M	USD	Annual
Total comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-125.00M	USD	Annual
Total comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-38.00M	USD	Annual
Total comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-400.00M	USD	Annual
Basic	`EarningsPerShareBasic`	$-4.69	USD	Annual
Basic	`EarningsPerShareBasic`	$-0.61	USD	Annual
Basic	`EarningsPerShareBasic`	$-9.47	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-0.61	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-9.47	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-4.69	USD	Annual
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	46.15M	shares	Annual
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	46.54M	shares	Annual
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	45.95M	shares	Annual
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.95M	shares	Annual
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.54M	shares	Annual
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.15M	shares	Annual
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	Annual

Cash Flow Statement 128 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-17.00M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-437.00M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-216.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$-16.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$-216.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$-437.00M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	-	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$1.00M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$2.00M	USD	Annual
Amortization of bond premium and discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$15.00M	USD	Annual
Amortization of bond premium and discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$13.00M	USD	Annual
Amortization of bond premium and discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$63.00M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$11.00M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$14.00M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$12.00M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-6.00M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$9.00M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-1.00M	USD	Annual
Current income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-4.00M	USD	Annual
Current income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$35.00M	USD	Annual
Current income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$17.00M	USD	Annual
Unearned premiums, net	`IncreaseDecreaseInUnearnedPremiums`	$-82.00M	USD	Annual
Unearned premiums, net	`IncreaseDecreaseInUnearnedPremiums`	$-132.00M	USD	Annual
Unearned premiums, net	`IncreaseDecreaseInUnearnedPremiums`	$-48.00M	USD	Annual
Losses and loss expenses, net	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$364.00M	USD	Annual
Losses and loss expenses, net	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$147.00M	USD	Annual
Losses and loss expenses, net	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-76.00M	USD	Annual
Ceded premiums payable	`IncreaseDecreaseInReinsurancePayables`	$6.00M	USD	Annual
Ceded premiums payable	`IncreaseDecreaseInReinsurancePayables`	$-4.00M	USD	Annual
Ceded premiums payable	`IncreaseDecreaseInReinsurancePayables`	$-3.00M	USD	Annual
Premium receivables	`IncreaseDecreaseInPremiumsReceivable`	$-77.00M	USD	Annual
Premium receivables	`IncreaseDecreaseInPremiumsReceivable`	$-48.00M	USD	Annual
Premium receivables	`IncreaseDecreaseInPremiumsReceivable`	$-44.00M	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$87.00M	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$103.00M	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$93.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$55.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$295.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$57.00M	USD	Annual
Net realized investment gains	`RealizedInvestmentGainsLosses`	$81.00M	USD	Annual
Net realized investment gains	`RealizedInvestmentGainsLosses`	$7.00M	USD	Annual
Net realized investment gains	`RealizedInvestmentGainsLosses`	$22.00M	USD	Annual
Net realized gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Net realized gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Net realized gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$33.00M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-79.00M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$35.00M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-59.00M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-131.00M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-175.00M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-311.00M	USD	Annual
Proceeds from sales of bonds	`ProceedsFromSaleOfAvailableForSaleSecurities`	$236.00M	USD	Annual
Proceeds from sales of bonds	`ProceedsFromSaleOfAvailableForSaleSecurities`	$1.21B	USD	Annual
Proceeds from sales of bonds	`ProceedsFromSaleOfAvailableForSaleSecurities`	$1.11B	USD	Annual
Proceeds from matured bonds	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$137.00M	USD	Annual
Proceeds from matured bonds	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$379.00M	USD	Annual
Proceeds from matured bonds	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$698.00M	USD	Annual
Purchases of bonds	`PaymentsToAcquireAvailableForSaleSecurities`	$959.00M	USD	Annual
Purchases of bonds	`PaymentsToAcquireAvailableForSaleSecurities`	$343.00M	USD	Annual
Purchases of bonds	`PaymentsToAcquireAvailableForSaleSecurities`	$975.00M	USD	Annual
Proceeds from sales of other invested assets	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$39.00M	USD	Annual
Proceeds from sales of other invested assets	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$81.00M	USD	Annual
Proceeds from sales of other invested assets	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$374.00M	USD	Annual
Purchases of other invested assets	`PaymentsToAcquireOtherInvestments`	$475.00M	USD	Annual
Purchases of other invested assets	`PaymentsToAcquireOtherInvestments`	$127.00M	USD	Annual
Purchases of other invested assets	`PaymentsToAcquireOtherInvestments`	$137.00M	USD	Annual
Change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$-98.00M	USD	Annual
Change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$218.00M	USD	Annual
Change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$-158.00M	USD	Annual
Change in cash collateral receivable	`IncreaseDecreaseCashCollateralFromCounterparties`	$100.00M	USD	Annual
Change in cash collateral receivable	`IncreaseDecreaseCashCollateralFromCounterparties`	$9.00M	USD	Annual
Change in cash collateral receivable	`IncreaseDecreaseCashCollateralFromCounterparties`	-	USD	Annual
Proceeds From Financial Guaranty Variable Interest Entity Assets	`ProceedsFromFinancialGuarantyVariableInterestEntityAssets`	$543.00M	USD	Annual
Proceeds From Financial Guaranty Variable Interest Entity Assets	`ProceedsFromFinancialGuarantyVariableInterestEntityAssets`	$171.00M	USD	Annual
Proceeds From Financial Guaranty Variable Interest Entity Assets	`ProceedsFromFinancialGuarantyVariableInterestEntityAssets`	$178.00M	USD	Annual
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-74.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$5.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.00M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$776.00M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$432.00M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.00B	USD	Annual
Proceeds from Sale of Senior Surplus Notes	`ProceedsfromSaleofSeniorSurplusNotes`	-	USD	Annual
Proceeds from Sale of Senior Surplus Notes	`ProceedsfromSaleofSeniorSurplusNotes`	-	USD	Annual
Proceeds from Sale of Senior Surplus Notes	`ProceedsfromSaleofSeniorSurplusNotes`	$11.00M	USD	Annual
Paydown of Ambac Note	`PaydownofAmbacNote`	$1.64B	USD	Annual
Paydown of Ambac Note	`PaydownofAmbacNote`	$178.00M	USD	Annual
Paydown of Ambac Note	`PaydownofAmbacNote`	$121.00M	USD	Annual
Payments of Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments of Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	$12.00M	USD	Annual
Payments of Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payment, Tax Withholding, Share-based Payment Arrangement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.00M	USD	Annual
Payment, Tax Withholding, Share-based Payment Arrangement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.00M	USD	Annual
Payment, Tax Withholding, Share-based Payment Arrangement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.00M	USD	Annual
Paydown of Financial Guaranty Variable Interest Entity Liabilities	`PaydownofFinancialGuarantyVariableInterestEntityLiabilities`	$170.00M	USD	Annual
Paydown of Financial Guaranty Variable Interest Entity Liabilities	`PaydownofFinancialGuarantyVariableInterestEntityLiabilities`	$178.00M	USD	Annual
Paydown of Financial Guaranty Variable Interest Entity Liabilities	`PaydownofFinancialGuarantyVariableInterestEntityLiabilities`	$542.00M	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-691.00M	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-657.00M	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-303.00M	USD	Annual
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	Annual
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	Annual
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	Annual
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-12.00M	USD	Annual
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-46.00M	USD	Annual
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-2.00M	USD	Annual
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$17.00M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$24.00M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$20.00M	USD	Point-in-time
Income Taxes Paid	`IncomeTaxesPaid`	$15.00M	USD	Annual
Income Taxes Paid	`IncomeTaxesPaid`	$11.00M	USD	Annual
Income Taxes Paid	`IncomeTaxesPaid`	$21.00M	USD	Annual
Variable interest entity activities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$7.00M	USD	Annual
Variable interest entity activities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$5.00M	USD	Annual
Variable interest entity activities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$38.00M	USD	Annual
Increase (Decrease) in Derivative Assets and Liabilities	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$1.00M	USD	Annual
Increase (Decrease) in Derivative Assets and Liabilities	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$23.00M	USD	Annual
Increase (Decrease) in Derivative Assets and Liabilities	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$-6.00M	USD	Annual
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.00M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.00M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$81.00M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.00M	USD	Point-in-time
Proceeds From Issuance of Ambac UK Debt	`ProceedsFromIssuanceofAmbacUKDebt`	-	USD	Annual
Proceeds From Issuance of Ambac UK Debt	`ProceedsFromIssuanceofAmbacUKDebt`	-	USD	Annual
Proceeds From Issuance of Ambac UK Debt	`ProceedsFromIssuanceofAmbacUKDebt`	$12.00M	USD	Annual
Proceeds from Issuance of Secured Debt	`ProceedsFromIssuanceOfSecuredDebt`	$1.16B	USD	Annual
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-1.00M	USD	Annual
Proceeds from (Payments to) Noncontrolling Interests	`ProceedsFromPaymentsToMinorityShareholders`	$-1.00M	USD	Annual

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.54B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-400.00M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-125.00M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-38.00M	USD	Annual
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$11.00M	USD	Annual
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$14.00M	USD	Annual
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$12.00M	USD	Annual
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-3.00M	USD	Annual
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-6.00M	USD	Annual
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-3.00M	USD	Annual
AMPS Impact on Stockholders Equity	`AMPSImpactonStockholdersEquity`	$19.00M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.54B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Noncontrolling Interest, Increase from Subsidiary Equity Issuance	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$7.00M	USD	Annual
Noncontrolling Interest, Change in Redemption Value	`MinorityInterestChangeInRedemptionValue`	$-12.00M	USD	Annual

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