Ambac reports second quarter 2023 results

New york--(business wire)--ambac financial group, inc. (nyse: ambc) ("ambac" or "afg"), a financial services holding company, today reported its results for the second quarter ended june 30, 2023. net loss of $(13) million or $(0.29) per diluted share and adjusted net income of $3 million or $0.07 per diluted share specialty p&c insurance ("everspan") gross written premium of $53 million, up 30% from the second quarter of 2022 insurance distribution ("cirrata") premiums placed of $41 millio.
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