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Home > Company Index > Insurance > Surety, Title & Miscellaneous Insurance > Ambac Financial Group, Inc.

Ambac Financial Group, Inc.
NYSE: ABK
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 NEWS FROM THE WIRES
Ambac profits rise on mini-boom in municipal bonds
Jul 18 2001 05:13 AM PDT

WRAPUP 1-Latam markets mixed as all eyes on Argentina
Jul 13 2001 09:49 AM PDT

More WIRE STORIES about this company

 PROFILE
Ambac Financial Group gives an A+ to those school bonds. The holding company's subsidiaries sell financial guaranty insurance and provide other investment services. Its Ambac Assurance writes municipal bond insurance and insures municipal and structured finance obligations. Ambac Financial also provides triple-A investment contracts to states, municipalities, and municipal authorities. Its Financial Services unit offers investment contracts, interest rate swaps, and investment management primarily to states, municipalities, and municipal authorities in connection with their bond financing.

 COMPETITION
Financial Security Assurance Holdings Ltd. (dossier)
General Electric Capital Corporation (dossier)
MBIA Inc. (MBI)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 621.30
1-Yr. Sales Growth: 16.5%
Employees: 364
Revenue per employee: $1,706,868.13

 KEY PEOPLE
• Phillip B. Lassiter
    CEO
• Frank J. Bivona
    CFO

 CONTACT INFO
1 State Street Plaza
New York, NY 10004
US
Phone: 212-668-0340
Fax: 212-509-9190
Online: Web Site

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