Ambac Financial Group Inc (NYSE:AMBC)
$ 17.99 -0.17 (-0.94%) Market Cap: 813.60 Mil Enterprise Value: 4.23 Bil PE Ratio: 13.73 PB Ratio: 0.60 GF Score: 60/100

Q1 2021 Ambac Financial Group Inc Earnings Call Transcript

May 10, 2021 / 12:30PM GMT
Release Date Price: $15.77 (-8.84%)
Operator

Greetings, and welcome to the Ambac Financial Group, Inc.'s First Quarter 2021 Earnings Call. (Operator Instructions)

As a reminder, this conference is being recorded.

It is now my pleasure to introduce your hosts, Ms. Lisa Kampf, Head of Investor Relations; Claude LeBlanc, Chief Executive Officer; and David Trick, Chief Financial Officer. I will now turn the call over to Lisa.

Lisa A. Kampf
Ambac Financial Group, Inc. - Managing Director, Investor and Media Relations

Thank you. Good morning, and thank you all for joining today's conference call to discuss Ambac Financial Group's first quarter 2021 financial results.

We'd like to remind you that today's presentation may contain forward-looking statements about our business, including but not limited to, new business, credit outlook, market conditions, credit spreads, financial ratings, loss reserves, loss mitigations, loss recovery, investment returns or other items that may affect our future results. These statements are based on management's current expectations and are subject

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