10-K Filing

OCTAVE SPECIALTY GROUP INC CIK: 874501 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000874501-24-000040`
Period End Date	20231231
Filing Date	20240227
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	ambc-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 118 Income Statement 108 Cash Flow Statement 118 Stockholders Equity 26

Balance Sheet 118 line items

Line Item	Tag	Value	Unit	Period
Fixed income securities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.04B	USD	Point-in-time
Fixed income securities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.20B	USD	Point-in-time
Short-term investments, amortized cost	`ShortTermInvestmentsAmortizedCost`	$426.00M	USD	Point-in-time
Short-term investments, amortized cost	`ShortTermInvestmentsAmortizedCost`	$507.00M	USD	Point-in-time
Other Investment Not Readily Marketable, Fair Value	`OtherInvestmentNotReadilyMarketableFairValue`	$556.00M	USD	Point-in-time
Other Investment Not Readily Marketable, Fair Value	`OtherInvestmentNotReadilyMarketableFairValue`	$463.00M	USD	Point-in-time
Debt Securities, Available-for-sale, Allowance for Credit Loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$3.00M	USD	Point-in-time
Debt Securities, Available-for-sale, Allowance for Credit Loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	-	USD	Point-in-time
Uncollectable premium receivables	`PremiumsReceivableAllowanceForDoubtfulAccounts`	$4.00M	USD	Point-in-time
Available-for-sale Securities	`AvailableForSaleSecuritiesDebtSecurities`	$1.40B	USD	Point-in-time
Available-for-sale Securities	`AvailableForSaleSecuritiesDebtSecurities`	$1.71B	USD	Point-in-time
Uncollectable premium receivables	`PremiumsReceivableAllowanceForDoubtfulAccounts`	$5.00M	USD	Point-in-time
Debt Securities, Trading and Available-for-Sale	`DebtSecuritiesTradingAndAvailableForSale`	$59.00M	USD	Point-in-time
Reinsurance Recoverable, Allowance for Credit Loss	`ReinsuranceRecoverablesAllowance`	-	USD	Point-in-time
Debt Securities, Trading and Available-for-Sale	`DebtSecuritiesTradingAndAvailableForSale`	$27.00M	USD	Point-in-time
Reinsurance Recoverable, Allowance for Credit Loss	`ReinsuranceRecoverablesAllowance`	-	USD	Point-in-time
Short-term Investments	`ShortTermInvestments`	$426.00M	USD	Point-in-time
Short-term Investments	`ShortTermInvestments`	$507.00M	USD	Point-in-time
Other Investments	`OtherInvestments`	$568.00M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other Investments	`OtherInvestments`	$475.00M	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
Investments, Total	`Investments`	$2.66B	USD	Point-in-time
Investments, Total	`Investments`	$2.59B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	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
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`RestrictedCashAndCashEquivalents`	$28.00M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`RestrictedCashAndCashEquivalents`	$44.00M	USD	Point-in-time
Restricted Cash	`RestrictedCash`	$12.00M	USD	Point-in-time
Restricted Cash	`RestrictedCash`	$14.00M	USD	Point-in-time
Restricted Cash	`RestrictedCash`	$5.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	130.00M	shares	Point-in-time
Premiums Receivable, Net	`PremiumsReceivableAtCarryingValue`	$290.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	130.00M	shares	Point-in-time
Premiums Receivable, Net	`PremiumsReceivableAtCarryingValue`	$269.00M	USD	Point-in-time
Reinsurance Recoverables, Including Reinsurance Premium Paid	`ReinsuranceRecoverablesOnPaidAndUnpaidLosses`	$115.00M	USD	Point-in-time
Reinsurance Recoverables, Including Reinsurance Premium Paid	`ReinsuranceRecoverablesOnPaidAndUnpaidLosses`	$195.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.66M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.66M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	45.20M	shares	Point-in-time
Deferred ceded premium	`PrepaidReinsurancePremiums`	$204.00M	USD	Point-in-time
Deferred ceded premium	`PrepaidReinsurancePremiums`	$124.00M	USD	Point-in-time
Deferred Policy Acquisition Cost	`DeferredPolicyAcquisitionCosts`	$3.00M	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	1.46M	shares	Point-in-time
Deferred Policy Acquisition Cost	`DeferredPolicyAcquisitionCosts`	$11.00M	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	1.69M	shares	Point-in-time
Subrogation recoverable	`SalvageAndSubrogationRecoveriesValue`	$271.00M	USD	Point-in-time
Subrogation recoverable	`SalvageAndSubrogationRecoveriesValue`	$137.00M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$27.00M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$26.00M	USD	Point-in-time
Intangible assets, less accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$326.00M	USD	Point-in-time
Intangible assets, less accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$307.00M	USD	Point-in-time
Goodwill	`Goodwill`	$61.00M	USD	Point-in-time
Goodwill	`Goodwill`	$70.00M	USD	Point-in-time
Goodwill	`Goodwill`	$46.00M	USD	Point-in-time
Other assets	`OtherAssets`	$129.00M	USD	Point-in-time
Other assets	`OtherAssets`	$112.00M	USD	Point-in-time
Total assets	`Assets`	$8.43B	USD	Point-in-time
Total assets	`Assets`	$12.30B	USD	Point-in-time
Total assets	`Assets`	$7.97B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$422.00M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$372.00M	USD	Point-in-time
Liability for Claims and Claims Adjustment Expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$893.00M	USD	Point-in-time
Liability for Claims and Claims Adjustment Expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$805.00M	USD	Point-in-time
Ceded premiums payable	`ReinsurancePayable`	$90.00M	USD	Point-in-time
Ceded premiums payable	`ReinsurancePayable`	$39.00M	USD	Point-in-time
Capitalized Contract Cost, Net	`CapitalizedContractCostNet`	$5.00M	USD	Point-in-time
Capitalized Contract Cost, Net	`CapitalizedContractCostNet`	$6.00M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$508.00M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$639.00M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$475.00M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$427.00M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilities`	$35.00M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilities`	$38.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$199.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$201.00M	USD	Point-in-time
Liabilities	`Liabilities`	$7.00B	USD	Point-in-time
Liabilities	`Liabilities`	$6.65B	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`	$274.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$292.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-253.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-160.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$58.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.25B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.25B	USD	Point-in-time
Treasury Stock, Value	`TreasuryStockValue`	$15.00M	USD	Point-in-time
Treasury Stock, Value	`TreasuryStockValue`	$17.00M	USD	Point-in-time
Total Ambac Financial Group, Inc. stockholders equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Total Ambac Financial Group, Inc. stockholders equity	`StockholdersEquity`	$1.25B	USD	Point-in-time
Nonredeemable noncontrolling interest	`MinorityInterest`	$53.00M	USD	Point-in-time
Nonredeemable noncontrolling interest	`MinorityInterest`	$53.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.30B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.42B	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`	46.66M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.66M	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`	$17.00M	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$20.00M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.97B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.43B	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	1.46M	shares	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	1.69M	shares	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Net premiums earned	`PremiumsEarnedNet`	$56.00M	USD	Annual
Net premiums earned	`PremiumsEarnedNet`	$78.00M	USD	Annual
Net premiums earned	`PremiumsEarnedNet`	$47.00M	USD	Annual
Insurance Commissions and Fees	`InsuranceCommissionsAndFees`	$51.00M	USD	Annual
Insurance Commissions and Fees	`InsuranceCommissionsAndFees`	$26.00M	USD	Annual
Insurance Commissions and Fees	`InsuranceCommissionsAndFees`	$31.00M	USD	Annual
Contractually Specified Servicing Fee, Late Fee, and Ancillary Fee Earned in Exchange for Servicing Financial Asset	`ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets`	$8.00M	USD	Annual
Contractually Specified Servicing Fee, Late Fee, and Ancillary Fee Earned in Exchange for Servicing Financial Asset	`ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets`	$3.00M	USD	Annual
Contractually Specified Servicing Fee, Late Fee, and Ancillary Fee Earned in Exchange for Servicing Financial Asset	`ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets`	-	USD	Annual
Net investment income	`NetInvestmentIncome`	$140.00M	USD	Annual
Net investment income	`NetInvestmentIncome`	$139.00M	USD	Annual
Net investment income	`NetInvestmentIncome`	$17.00M	USD	Annual
Realized Investment Gains (Losses)	`RealizedInvestmentGainsLosses`	$-22.00M	USD	Annual
Realized Investment Gains (Losses)	`RealizedInvestmentGainsLosses`	$31.00M	USD	Annual
Realized Investment Gains (Losses)	`RealizedInvestmentGainsLosses`	$7.00M	USD	Annual
Derivative, Gain (Loss) on Derivative, Net	`DerivativeGainLossOnDerivativeNet`	$-1.00M	USD	Annual
Derivative, Gain (Loss) on Derivative, Net	`DerivativeGainLossOnDerivativeNet`	$129.00M	USD	Annual
Derivative, Gain (Loss) on Derivative, Net	`DerivativeGainLossOnDerivativeNet`	$22.00M	USD	Annual
Net realized gains on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$81.00M	USD	Annual
Net realized gains on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$33.00M	USD	Annual
Net realized gains on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Other income	`OtherIncome`	$1.00M	USD	Annual
Other income	`OtherIncome`	$11.00M	USD	Annual
Other income	`OtherIncome`	$10.00M	USD	Annual
Income (loss) on variable interest entities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$21.00M	USD	Annual
Income (loss) on variable interest entities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$3.00M	USD	Annual
Income (loss) on variable interest entities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$7.00M	USD	Annual
Gain (Loss) Related to Litigation Settlement	`GainLossRelatedToLitigationSettlement`	-	USD	Annual
Gain (Loss) Related to Litigation Settlement	`GainLossRelatedToLitigationSettlement`	$126.00M	USD	Annual
Total revenues and other income	`Revenues`	$505.00M	USD	Annual
Total revenues and other income	`Revenues`	$282.00M	USD	Annual
Total revenues and other income	`Revenues`	$269.00M	USD	Annual
Policyholder Benefits and Claims Incurred, Net	`PolicyholderBenefitsAndClaimsIncurredNet`	$-33.00M	USD	Annual
Losses and loss adjustment expenses	`IncurredClaimsFinancialGuaranteeInsuranceContracts`	$-396.00M	USD	Annual
Losses and loss adjustment expenses	`IncurredClaimsFinancialGuaranteeInsuranceContracts`	$-88.00M	USD	Annual
Deferred Policy Acquisition Costs, Amortization Expense	`DeferredPolicyAcquisitionCostAmortizationExpense`	$1.00M	USD	Annual
Deferred Policy Acquisition Costs, Amortization Expense	`DeferredPolicyAcquisitionCostAmortizationExpense`	$11.00M	USD	Annual
Deferred Policy Acquisition Costs, Amortization Expense	`DeferredPolicyAcquisitionCostAmortizationExpense`	$3.00M	USD	Annual
Insurance Commissions	`InsuranceCommissions`	$18.00M	USD	Annual
Insurance Commissions	`InsuranceCommissions`	$15.00M	USD	Annual
Insurance Commissions	`InsuranceCommissions`	$29.00M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$29.00M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$55.00M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$47.00M	USD	Annual
General and Administrative Expense	`GeneralAndAdministrativeExpense`	$111.00M	USD	Annual
General and Administrative Expense	`GeneralAndAdministrativeExpense`	$141.00M	USD	Annual
General and Administrative Expense	`GeneralAndAdministrativeExpense`	$156.00M	USD	Annual
Interest expense	`InterestExpenseDebt`	$168.00M	USD	Annual
Interest expense	`InterestExpenseDebt`	$187.00M	USD	Annual
Interest expense	`InterestExpenseDebt`	$64.00M	USD	Annual
Total expenses	`BenefitsLossesAndExpenses`	$-20.00M	USD	Annual
Total expenses	`BenefitsLossesAndExpenses`	$281.00M	USD	Annual
Total expenses	`BenefitsLossesAndExpenses`	$257.00M	USD	Annual
Pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$525.00M	USD	Annual
Pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.00M	USD	Annual
Pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.00M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$2.00M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$7.00M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$18.00M	USD	Annual
Net income	`ProfitLoss`	$5.00M	USD	Annual
Net income	`ProfitLoss`	$-16.00M	USD	Annual
Net income	`ProfitLoss`	$522.00M	USD	Annual
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-1.00M	USD	Annual
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-1.00M	USD	Annual
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-1.00M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$522.00M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-17.00M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$4.00M	USD	Annual
Net income	`ProfitLoss`	$5.00M	USD	Annual
Net income	`ProfitLoss`	$-16.00M	USD	Annual
Net income	`ProfitLoss`	$522.00M	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), Financial Liability, Fair Value Option, Reclassification Adjustment from AOCI for Derecognition, after Tax	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax`	-	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, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.00M	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`	$1.00M	USD	Annual
Total other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-310.00M	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`	$93.00M	USD	Annual
Total comprehensive income, net of income tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$212.00M	USD	Annual
Total comprehensive income, net of income tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-38.00M	USD	Annual
Total comprehensive income, net of income tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$98.00M	USD	Annual
Total comprehensive income attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$96.00M	USD	Annual
Total comprehensive income attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$212.00M	USD	Annual
Total comprehensive income attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-38.00M	USD	Annual
Basic	`EarningsPerShareBasic`	$11.48	USD	Annual
Basic	`EarningsPerShareBasic`	$-0.61	USD	Annual
Basic	`EarningsPerShareBasic`	$0.18	USD	Annual
Diluted	`EarningsPerShareDiluted`	$11.31	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-0.61	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.18	USD	Annual
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	45.64M	shares	Annual
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	45.72M	shares	Annual
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	46.54M	shares	Annual
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.41M	shares	Annual
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.54M	shares	Annual
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.54M	shares	Annual
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	Annual
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	Annual
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	Annual
AMPS Gain on Purchase of Shares	`AMPSGainOnPurchaseOfShares`	$1.00M	USD	Annual
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-12.00M	USD	Annual
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$51.00M	USD	Annual
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-225.00M	USD	Annual
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-85.00M	USD	Annual
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.00M	USD	Annual
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$40.00M	USD	Annual

Cash Flow Statement 118 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$522.00M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-17.00M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$4.00M	USD	Annual
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$-1.00M	USD	Annual
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$-1.00M	USD	Annual
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$-1.00M	USD	Annual
AMPS Gain on Purchase of Shares	`AMPSGainOnPurchaseOfShares`	$1.00M	USD	Annual
Net income	`ProfitLoss`	$5.00M	USD	Annual
Net income	`ProfitLoss`	$-16.00M	USD	Annual
Net income	`ProfitLoss`	$522.00M	USD	Annual
Depreciation	`Depreciation`	$2.00M	USD	Annual
Depreciation	`Depreciation`	$2.00M	USD	Annual
Depreciation	`Depreciation`	$2.00M	USD	Annual
Amortization of bond premium and discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$11.00M	USD	Annual
Amortization of bond premium and discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$15.00M	USD	Annual
Amortization of bond premium and discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$13.00M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$14.00M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$17.00M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$17.00M	USD	Annual
Unearned premiums, net	`IncreaseDecreaseInUnearnedPremiums`	$-30.00M	USD	Annual
Unearned premiums, net	`IncreaseDecreaseInUnearnedPremiums`	$-82.00M	USD	Annual
Unearned premiums, net	`IncreaseDecreaseInUnearnedPremiums`	$-58.00M	USD	Annual
Losses and loss expenses, net	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-130.00M	USD	Annual
Losses and loss expenses, net	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-1.22B	USD	Annual
Losses and loss expenses, net	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$147.00M	USD	Annual
Ceded premiums payable	`IncreaseDecreaseInReinsurancePayables`	$52.00M	USD	Annual
Ceded premiums payable	`IncreaseDecreaseInReinsurancePayables`	$6.00M	USD	Annual
Ceded premiums payable	`IncreaseDecreaseInReinsurancePayables`	$6.00M	USD	Annual
Premium receivables	`IncreaseDecreaseInPremiumsReceivable`	$-48.00M	USD	Annual
Premium receivables	`IncreaseDecreaseInPremiumsReceivable`	$21.00M	USD	Annual
Premium receivables	`IncreaseDecreaseInPremiumsReceivable`	$-54.00M	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$103.00M	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-1.00M	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-134.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$29.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$55.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$47.00M	USD	Annual
Net investment gains (losses), including impairments	`RealizedInvestmentGainsLosses`	$-22.00M	USD	Annual
Net investment gains (losses), including impairments	`RealizedInvestmentGainsLosses`	$31.00M	USD	Annual
Net investment gains (losses), including impairments	`RealizedInvestmentGainsLosses`	$7.00M	USD	Annual
Net realized gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$81.00M	USD	Annual
Net realized gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$33.00M	USD	Annual
Net realized gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Income (loss) on variable interest entities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$21.00M	USD	Annual
Income (loss) on variable interest entities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$3.00M	USD	Annual
Income (loss) on variable interest entities	`VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss`	$7.00M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-13.00M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$196.00M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$56.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.33B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-131.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$200.00M	USD	Annual
Proceeds from sales of bonds	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$523.00M	USD	Annual
Proceeds from sales of bonds	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$236.00M	USD	Annual
Proceeds from sales of bonds	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$140.00M	USD	Annual
Proceeds from matured bonds	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$206.00M	USD	Annual
Proceeds from matured bonds	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$698.00M	USD	Annual
Proceeds from matured bonds	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$74.00M	USD	Annual
Purchases of bonds	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$343.00M	USD	Annual
Purchases of bonds	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$403.00M	USD	Annual
Purchases of bonds	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$415.00M	USD	Annual
Proceeds from sales of other invested assets	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$209.00M	USD	Annual
Proceeds from sales of other invested assets	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$39.00M	USD	Annual
Proceeds from sales of other invested assets	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$166.00M	USD	Annual
Purchases of other invested assets	`PaymentsToAcquireOtherInvestments`	$112.00M	USD	Annual
Purchases of other invested assets	`PaymentsToAcquireOtherInvestments`	$80.00M	USD	Annual
Purchases of other invested assets	`PaymentsToAcquireOtherInvestments`	$127.00M	USD	Annual
Change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$-118.00M	USD	Annual
Change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$52.00M	USD	Annual
Change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$-98.00M	USD	Annual
Change in cash collateral	`IncreaseDecreaseCashCollateralFromCounterparties`	$9.00M	USD	Annual
Change in cash collateral	`IncreaseDecreaseCashCollateralFromCounterparties`	$44.00M	USD	Annual
Change in cash collateral	`IncreaseDecreaseCashCollateralFromCounterparties`	$-42.00M	USD	Annual
Proceeds From Financial Guaranty Variable Interest Entity Assets	`ProceedsFromFinancialGuarantyVariableInterestEntityAssets`	$171.00M	USD	Annual
Proceeds From Financial Guaranty Variable Interest Entity Assets	`ProceedsFromFinancialGuarantyVariableInterestEntityAssets`	$504.00M	USD	Annual
Proceeds From Financial Guaranty Variable Interest Entity Assets	`ProceedsFromFinancialGuarantyVariableInterestEntityAssets`	$199.00M	USD	Annual
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.00M	USD	Annual
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$18.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$5.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.00M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$776.00M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$435.00M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$866.00M	USD	Annual
Proceeds from Sale of Senior Surplus Notes	`ProceedsfromSaleofSeniorSurplusNotes`	$11.00M	USD	Annual
Proceeds from Issuance of Secured Debt	`ProceedsFromIssuanceOfSecuredDebt`	$1.16B	USD	Annual
Proceeds from (Payments to) Noncontrolling Interests	`ProceedsFromPaymentsToMinorityShareholders`	$-1.00M	USD	Annual
Proceeds from (Payments to) Noncontrolling Interests	`ProceedsFromPaymentsToMinorityShareholders`	$-2.00M	USD	Annual
Proceeds from (Payments to) Noncontrolling Interests	`ProceedsFromPaymentsToMinorityShareholders`	$-1.00M	USD	Annual
Paydown of Ambac Note	`PaydownofAmbacNote`	$1.64B	USD	Annual
Payments of Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	$12.00M	USD	Annual
Payments for Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$14.00M	USD	Annual
Payments for Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$5.00M	USD	Annual
Payments for Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$19.00M	USD	7 Qtrs
Payment, Tax Withholding, Share-based Payment Arrangement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.00M	USD	Annual
Payment, Tax Withholding, Share-based Payment Arrangement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	Annual
Payment, Tax Withholding, Share-based Payment Arrangement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.00M	USD	Annual
Paydown of Financial Guaranty Variable Interest Entity Liabilities	`PaydownofFinancialGuarantyVariableInterestEntityLiabilities`	$170.00M	USD	Annual
Paydown of Financial Guaranty Variable Interest Entity Liabilities	`PaydownofFinancialGuarantyVariableInterestEntityLiabilities`	$315.00M	USD	Annual
Paydown of Financial Guaranty Variable Interest Entity Liabilities	`PaydownofFinancialGuarantyVariableInterestEntityLiabilities`	$591.00M	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.16B	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-423.00M	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-657.00M	USD	Annual
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00M	USD	Annual
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.00M	USD	Annual
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Annual
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.00M	USD	Annual
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$38.00M	USD	Annual
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$213.00M	USD	Annual
Income Taxes Paid	`IncomeTaxesPaid`	$6.00M	USD	Annual
Income Taxes Paid	`IncomeTaxesPaid`	$11.00M	USD	Annual
Income Taxes Paid	`IncomeTaxesPaid`	$15.00M	USD	Annual
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$274.00M	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`	$23.00M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$61.00M	USD	Point-in-time
AMPS Exchange Cash Paid	`AMPSPurchaseCashPaid`	$8.00M	USD	Annual

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.30B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.42B	USD	Point-in-time
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$212.00M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-38.00M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$98.00M	USD	Annual
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$14.00M	USD	Annual
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$17.00M	USD	Annual
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$17.00M	USD	Annual
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-4.00M	USD	Annual
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-5.00M	USD	Annual
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-6.00M	USD	Annual
Treasury Stock, Value, Acquired, Cost Method	`TreasuryStockValueAcquiredCostMethod`	$5.00M	USD	Annual
Treasury Stock, Value, Acquired, Cost Method	`TreasuryStockValueAcquiredCostMethod`	$-14.00M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.30B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.42B	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest, Total, Excluding Gain on AMPS Repurchase	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestTotalExcludingGainOnAMPSRepurchase`	$96.00M	USD	Annual
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest, Total, Excluding Gain on AMPS Repurchase	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestTotalExcludingGainOnAMPSRepurchase`	$211.00M	USD	Annual
Noncontrolling Interest, Change in Redemption Value	`MinorityInterestChangeInRedemptionValue`	$3.00M	USD	Annual
Noncontrolling Interest, Change in Redemption Value	`MinorityInterestChangeInRedemptionValue`	$-12.00M	USD	Annual
Noncontrolling Interest, Change in Redemption Value	`MinorityInterestChangeInRedemptionValue`	$5.00M	USD	Annual
Proceeds from Noncontrolling Interests	`ProceedsFromMinorityShareholders`	$2.00M	USD	Annual
AMPS Impact on Stockholders Equity	`AMPSImpactonStockholdersEquity`	$-8.00M	USD	Annual

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