Company Profile
Updated: 17-SEP-09Ambac Capital Corp.
Private Subsidiary, Headquarters Location
1 State St. Plz., New York, NY 10004-1516, United States
(800)221-1854, (212)668-0340, (212)509-9190 fax, http://www.ambac.com
Primary SIC: Surety Insurance, Primary NAICS: Direct Property and Casualty Insurance Carriers
Description: Insurance: Provider of financial guaranty insurance, and other investment services.
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BOND INSURERS: Radian Group Still Hurt by Housing Delinquencies.(Underwriters & Dealers)
The Bond Buyer; 11/12/2009; 779 words; ...Radian has been using incoming capital from previous insured deals...Asset paid fellow bond insurer Ambac Assurance Corp. a $100 million settlement...reinsurance portfolio assumed from Ambac. The freed-up capital was also used for the mortgage...
BOND INSURERS: Ambac Warns of Liquidity Shortage, Possible Bankruptcy Filing.(Underwriters & Dealers)
The Bond Buyer; 11/11/2009; 918 words; ...beyond the near term." Ambac is attempting to respond...assurances can be given that Ambac will be successful in...after, its statutory capital - defined as assets in...not yet completed." Ambac Assurance Corp. is not allowed to pay...
Fitch Rates St Elizabeth Medical Center (KY) 2009 Bonds 'AA-' & Upgrades Outstanding; Outlook Stable.
Health & Beauty Close-Up; 11/10/2009; 1751 words; ...outstanding debt (series 2003A, 2003B, and 2003C auction rate debt, insured by Ambac Assurance Corp.), repay St. Elizabeth approximately $28 million for prior capital expenditures, fund the renovation and consolidation of St. Elizabeth's obstetrics...
IRS: Texas Health Agency's $61M of ARS Under Audit.(Washington)
The Bond Buyer; 10/28/2009; 782 words; ...Facilities Development Corp. of Corpus Christi...Facilities Development Corp. and the Louisiana Public...bonds, finance certain capital projects in Texas, or...in the offering, while Ambac Assurance Corp. provided policies for...
Fitch Affirms Stanly Health Services NC Bonds at 'BBB+'; Outlook Stable.
Managed Care Weekly Digest; 10/19/2009; 1444 words; ...series 1996. The series 1996 bonds are insured by Ambac Insurance Corp, which is not rated by Fitch. The Rating Outlook...provides significant financial oversight, operating and capital budget oversight, and provides the economies and benefits...
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