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10-Q Filing

OCTAVE SPECIALTY GROUP INC CIK: 874501 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0000874501-22-000101
Period End Date 20220331
Filing Date 20220510
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance ambc-20220331_htm.xml
Filing Contents
Balance Sheet 97 line items
Line Item Tag Value Unit Period
Debt Securities, Available-for-sale, Amortized Cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $2.00B USD Point-in-time
Debt Securities, Available-for-sale, Allowance for Credit Loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss $1.00M 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
Premium Receivable, Allowance for Credit Loss PremiumsReceivableAllowanceForDoubtfulAccounts $8.00M USD Point-in-time
Premium Receivable, Allowance for Credit Loss PremiumsReceivableAllowanceForDoubtfulAccounts $9.00M 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 46.48M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 46.66M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 46.55M shares Point-in-time
Treasury stock, shares TreasuryStockShares 113,758.00 shares Point-in-time
Treasury stock, shares TreasuryStockShares 172,929.00 shares Point-in-time
Fixed maturity securities, at fair value AvailableForSaleSecuritiesDebtSecurities $2.04B USD Point-in-time
Total investments (net of allowance for credit losses of $1 and $0) Investments $2.96B USD Point-in-time
Total investments (net of allowance for credit losses of $1 and $0) Investments $2.81B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $17.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $60.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $23.00M USD Point-in-time
Restricted Cash RestrictedCash $7.00M USD Point-in-time
Restricted Cash RestrictedCash $16.00M USD Point-in-time
Restricted Cash RestrictedCash $5.00M USD Point-in-time
Premiums Receivable, Net PremiumsReceivableAtCarryingValue $317.00M USD Point-in-time
Premiums Receivable, Net PremiumsReceivableAtCarryingValue $323.00M USD Point-in-time
Premium Receivable, Allowance for Credit Loss PremiumsReceivableAllowanceForDoubtfulAccounts $8.00M USD Point-in-time
Premium Receivable, Allowance for Credit Loss PremiumsReceivableAllowanceForDoubtfulAccounts $9.00M USD Point-in-time
Reinsurance Recoverable, Allowance for Credit Loss ReinsuranceRecoverablesAllowance $10.00K USD Point-in-time
Reinsurance Recoverable, Allowance for Credit Loss ReinsuranceRecoverablesAllowance $49.00K USD Point-in-time
Reinsurance Recoverables, Including Reinsurance Premium Paid ReinsuranceRecoverables $48.00M USD Point-in-time
Reinsurance Recoverables, Including Reinsurance Premium Paid ReinsuranceRecoverables $55.00M USD Point-in-time
Deferred ceded premium PrepaidReinsurancePremiums $100.00M USD Point-in-time
Deferred ceded premium PrepaidReinsurancePremiums $90.00M USD Point-in-time
Subrogation recoverable SalvageAndSubrogationRecoveriesValue $2.09B USD Point-in-time
Subrogation recoverable SalvageAndSubrogationRecoveriesValue $1.71B USD Point-in-time
Derivative assets DerivativeAssets $76.00M USD Point-in-time
Derivative assets DerivativeAssets $55.00M USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $362.00M USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $350.00M USD Point-in-time
Goodwill Goodwill $46.00M USD Point-in-time
Goodwill Goodwill $46.00M USD Point-in-time
Other assets OtherAssets $94.00M USD Point-in-time
Other assets OtherAssets $68.00M USD Point-in-time
Total assets Assets $12.30B USD Point-in-time
Total assets Assets $12.84B USD Point-in-time
Total assets Assets $11.53B USD Point-in-time
Unearned premiums UnearnedPremiums $395.00M USD Point-in-time
Unearned premiums UnearnedPremiums $393.00M USD Point-in-time
Loss and loss expense reserves LiabilityNetForClaimsAndClaimsAdjustmentExpenseFinancialGuaranteeInsuranceContracts $1.57B USD Point-in-time
Loss and loss expense reserves LiabilityNetForClaimsAndClaimsAdjustmentExpenseFinancialGuaranteeInsuranceContracts $1.07B USD Point-in-time
Ceded premiums payable ReinsurancePayable $40.00M 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 $2.24B USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $576.00M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $593.00M USD Point-in-time
Derivative Liability DerivativeLiabilities $76.00M USD Point-in-time
Derivative Liability 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 $10.54B USD Point-in-time
Total liabilities Liabilities $11.19B USD Point-in-time
Liabilities Liabilities $10.54B USD Point-in-time
Liabilities Liabilities $11.19B 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 $257.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $262.00M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-70.00M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $79.00M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $61.00M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $58.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $726.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $723.00M USD Point-in-time
Treasury stock, shares at cost: 0 and 8,202 TreasuryStockValue $3.00M USD Point-in-time
Treasury stock, shares at cost: 0 and 8,202 TreasuryStockValue $2.00M USD Point-in-time
Total Ambac Financial Group, Inc. stockholders equity StockholdersEquity $914.00M USD Point-in-time
Total Ambac Financial Group, Inc. stockholders equity StockholdersEquity $1.04B 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 $1.14B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.10B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.12B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $974.00M USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $11.53B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $12.30B USD Point-in-time
Available-for-sale Securities, Amortized Cost Basis AvailableForSaleSecuritiesAmortizedCost $2.01B USD Point-in-time
Available-for-sale Securities, Amortized Cost Basis AvailableForSaleSecuritiesAmortizedCost $2.14B USD Point-in-time
Debt Securities, Available-for-sale, Allowance for Credit Loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss $1.00M 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
Debt Securities, Available-for-sale, Amortized Cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $2.00B USD Point-in-time
Income Statement 82 line items
Line Item Tag Value Unit Period
Unrealized (loss) gain on securities, taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-2.00M USD 1 Quarter
Unrealized (loss) gain on securities, taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-2.00M USD 1 Quarter
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), 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 1 Quarter
Securities available-for-sale and short-term InterestAndDividendIncomeSecuritiesAvailableForSale $22.00M USD 1 Quarter
Securities available-for-sale and short-term InterestAndDividendIncomeSecuritiesAvailableForSale $14.00M USD 1 Quarter
Net investment income NetInvestmentIncome $49.00M USD 1 Quarter
Net investment income NetInvestmentIncome $5.00M USD 1 Quarter
Realized Investment Gains (Losses) RealizedInvestmentGainsLosses $2.00M USD 1 Quarter
Realized Investment Gains (Losses) RealizedInvestmentGainsLosses $10.00M USD 1 Quarter
Derivative, Gain (Loss) on Derivative, Net DerivativeGainLossOnDerivativeNet $25.00M USD 1 Quarter
Derivative, Gain (Loss) on Derivative, Net DerivativeGainLossOnDerivativeNet $57.00M USD 1 Quarter
Net realized gains (losses) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Net realized gains (losses) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $33.00M USD 1 Quarter
Insurance Commissions and Fees InsuranceCommissionsAndFees $9.00M USD 1 Quarter
Insurance Commissions and Fees InsuranceCommissionsAndFees $7.00M USD 1 Quarter
Other Operating Income (Expense), Net OtherOperatingIncomeExpenseNet $-2.00M USD 1 Quarter
Other Operating Income (Expense), Net OtherOperatingIncomeExpenseNet $2.00M USD 1 Quarter
Income (loss) on variable interest entities VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss $22.00M USD 1 Quarter
Income (loss) on variable interest entities VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss - USD 1 Quarter
Total revenues Revenues $129.00M USD 1 Quarter
Total revenues Revenues $119.00M USD 1 Quarter
Losses and loss expenses (benefit) IncurredClaimsFinancialGuaranteeInsuranceContracts $8.00M USD 1 Quarter
Losses and loss expenses (benefit) IncurredClaimsFinancialGuaranteeInsuranceContracts $24.00M USD 1 Quarter
Intangible amortization AmortizationOfIntangibleAssets $14.00M USD 1 Quarter
Intangible amortization AmortizationOfIntangibleAssets $19.00M USD 1 Quarter
Operating expenses OtherUnderwritingExpense $33.00M USD 1 Quarter
Operating expenses OtherUnderwritingExpense $34.00M USD 1 Quarter
Interest expense InterestExpenseDebt $50.00M USD 1 Quarter
Interest expense InterestExpenseDebt $44.00M USD 1 Quarter
Total expenses BenefitsLossesAndExpenses $110.00M USD 1 Quarter
Total expenses BenefitsLossesAndExpenses $116.00M USD 1 Quarter
Pre-tax income (loss) IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $19.00M USD 1 Quarter
Pre-tax income (loss) IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.00M USD 1 Quarter
Provision (benefit) for income taxes IncomeTaxExpenseBenefit - USD 1 Quarter
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $2.00M USD 1 Quarter
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest - USD 1 Quarter
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest - USD 1 Quarter
Net income (loss) ProfitLoss $2.00M USD 1 Quarter
Net income (loss) ProfitLoss $17.00M USD 1 Quarter
Net income attributable to common stockholders NetIncomeLoss $17.00M USD 1 Quarter
Net income attributable to common stockholders NetIncomeLoss $2.00M USD 1 Quarter
Net income (loss) ProfitLoss $2.00M USD 1 Quarter
Net income (loss) ProfitLoss $17.00M USD 1 Quarter
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-24.00M USD 1 Quarter
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-105.00M USD 1 Quarter
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-23.00M USD 1 Quarter
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $6.00M 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 $-1.00M USD 1 Quarter
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 $-18.00M USD 1 Quarter
Total other comprehensive income (loss), net of income tax OtherComprehensiveIncomeLossNetOfTax $-127.00M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-1.00M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-125.00M USD 1 Quarter
Total comprehensive income (loss) attributable to common stockholders ComprehensiveIncomeNetOfTax $-2.00M USD 1 Quarter
Total comprehensive income (loss) attributable to common stockholders ComprehensiveIncomeNetOfTax $-125.00M USD 1 Quarter
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Earnings Per Share, Basic EarningsPerShareBasic $0.04 USD 1 Quarter
Earnings Per Share, Basic EarningsPerShareBasic $0.08 USD 1 Quarter
Earnings Per Share, Diluted EarningsPerShareDiluted $0.04 USD 1 Quarter
Earnings Per Share, Diluted EarningsPerShareDiluted $0.08 USD 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 46.31M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 46.73M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 46.86M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 47.36M shares 1 Quarter
Unrealized (loss) gain on securities, taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-2.00M USD 1 Quarter
Unrealized (loss) gain on securities, taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-2.00M 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
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), 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 1 Quarter
Premiums Earned, Net PremiumsEarnedNet $15.00M USD 1 Quarter
Premiums Earned, Net PremiumsEarnedNet $14.00M USD 1 Quarter
Cash Flow Statement 74 line items
Line Item Tag Value Unit Period
Net income attributable to common shareholders NetIncomeLoss $17.00M USD 1 Quarter
Net income attributable to common shareholders NetIncomeLoss $2.00M USD 1 Quarter
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest - USD 1 Quarter
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest - USD 1 Quarter
Net income (loss) ProfitLoss $2.00M USD 1 Quarter
Net income (loss) ProfitLoss $17.00M USD 1 Quarter
Amortization of bond premium and discount AccretionAmortizationOfDiscountsAndPremiumsInvestments $3.00M USD 1 Quarter
Amortization of bond premium and discount AccretionAmortizationOfDiscountsAndPremiumsInvestments $3.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $5.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $4.00M USD 1 Quarter
Unearned premiums, net IncreaseDecreaseInUnearnedPremiums $-22.00M USD 1 Quarter
Unearned premiums, net IncreaseDecreaseInUnearnedPremiums $-11.00M USD 1 Quarter
Losses and loss expenses, net IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve $6.00M USD 1 Quarter
Losses and loss expenses, net IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve $17.00M USD 1 Quarter
Ceded premiums payable IncreaseDecreaseInReinsurancePayables $7.00M USD 1 Quarter
Ceded premiums payable IncreaseDecreaseInReinsurancePayables $-2.00M USD 1 Quarter
Premium receivables IncreaseDecreaseInPremiumsReceivable $-14.00M USD 1 Quarter
Premium receivables IncreaseDecreaseInPremiumsReceivable $-6.00M USD 1 Quarter
Accrued interest payable IncreaseDecreaseInInterestPayableNet $23.00M USD 1 Quarter
Accrued interest payable IncreaseDecreaseInInterestPayableNet $24.00M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $14.00M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $19.00M USD 1 Quarter
Net investment gains (losses), including impairments RealizedInvestmentGainsLosses $2.00M USD 1 Quarter
Net investment gains (losses), including impairments RealizedInvestmentGainsLosses $10.00M USD 1 Quarter
Net realized gains (losses) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Net realized gains (losses) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $33.00M USD 1 Quarter
Variable interest entity activities VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss $22.00M USD 1 Quarter
Variable interest entity activities VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss - USD 1 Quarter
Derivative assets and liabilities IncreaseDecreaseInDerivativeAssetsAndLiabilities $46.00M USD 1 Quarter
Derivative assets and liabilities IncreaseDecreaseInDerivativeAssetsAndLiabilities $22.00M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-48.00M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $16.00M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $9.00M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-40.00M USD 1 Quarter
Proceeds from sales of bonds ProceedsFromSaleOfAvailableForSaleSecurities $44.00M USD 1 Quarter
Proceeds from sales of bonds ProceedsFromSaleOfAvailableForSaleSecurities $141.00M USD 1 Quarter
Proceeds from matured bonds ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $20.00M USD 1 Quarter
Proceeds from matured bonds ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $39.00M USD 1 Quarter
Purchases of bonds PaymentsToAcquireAvailableForSaleSecuritiesDebt $33.00M USD 1 Quarter
Purchases of bonds PaymentsToAcquireAvailableForSaleSecuritiesDebt $128.00M USD 1 Quarter
Proceeds from sales of other invested assets ProceedsFromSaleAndMaturityOfOtherInvestments $48.00M USD 1 Quarter
Proceeds from sales of other invested assets ProceedsFromSaleAndMaturityOfOtherInvestments $45.00M USD 1 Quarter
Purchases of other invested assets PaymentsToAcquireOtherInvestments $25.00M USD 1 Quarter
Purchases of other invested assets PaymentsToAcquireOtherInvestments $41.00M USD 1 Quarter
Change in short-term investments PaymentsForProceedsFromShortTermInvestments $114.00M USD 1 Quarter
Change in short-term investments PaymentsForProceedsFromShortTermInvestments $-94.00M USD 1 Quarter
Change in cash collateral receivable IncreaseDecreaseCashCollateralFromCounterparties $54.00M USD 1 Quarter
Change in cash collateral receivable IncreaseDecreaseCashCollateralFromCounterparties $11.00M USD 1 Quarter
Proceeds from paydowns of consolidated VIE assets ProceedsFromFinancialGuarantyVariableInterestEntityAssets $50.00M USD 1 Quarter
Proceeds from paydowns of consolidated VIE assets ProceedsFromFinancialGuarantyVariableInterestEntityAssets $47.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities - USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $1.00M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $116.00M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $136.00M USD 1 Quarter
Paydowns of LSNI Ambac Note PaydownofAmbacNote $16.00M USD 1 Quarter
Paydowns of LSNI Ambac Note PaydownofAmbacNote - USD 1 Quarter
Tax payments related to shares withheld for share-based compensation plans PaymentsRelatedToTaxWithholdingForShareBasedCompensation $3.00M USD 1 Quarter
Tax payments related to shares withheld for share-based compensation plans PaymentsRelatedToTaxWithholdingForShareBasedCompensation $6.00M USD 1 Quarter
Payments of consolidated VIE liabilities PaydownofFinancialGuarantyVariableInterestEntityLiabilities $48.00M USD 1 Quarter
Payments of consolidated VIE liabilities PaydownofFinancialGuarantyVariableInterestEntityLiabilities $49.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-52.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-69.00M USD 1 Quarter
Effect of foreign exchange on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD 1 Quarter
Effect of foreign exchange on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD 1 Quarter
Net cash flow CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $6.00M USD 1 Quarter
Net cash flow CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $93.00M USD 1 Quarter
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $35.00M USD Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $42.00M USD Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $116.00M USD Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $23.00M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $35.00M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $42.00M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $116.00M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $23.00M USD Point-in-time
Stockholders Equity 21 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 $1.12B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $974.00M USD Point-in-time
Total comprehensive income (loss) ComprehensiveIncomeNetOfTax $-2.00M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTax $-125.00M USD 1 Quarter
Stock-based compensation AllocatedShareBasedCompensationExpense $4.00M USD 1 Quarter
Stock-based compensation AllocatedShareBasedCompensationExpense $5.00M USD 1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture StockIssuedDuringPeriodValueShareBasedCompensation $-3.00M USD 1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture StockIssuedDuringPeriodValueShareBasedCompensation $-6.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.14B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.10B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.12B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $974.00M USD Point-in-time
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-1.00M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-125.00M USD 1 Quarter
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-127.00M USD 1 Quarter
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-18.00M USD 1 Quarter
Noncontrolling Interest, Change in Redemption Value MinorityInterestChangeInRedemptionValue - USD 1 Quarter
Noncontrolling Interest, Change in Redemption Value MinorityInterestChangeInRedemptionValue $-13.00M USD 1 Quarter
Public Finance Puerto Rico Net Par Outstanding PublicFinancePuertoRicoNetParOutstanding $784.00M USD Point-in-time

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

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