Ambac Financial Group Q2 2016 Earnings Highlights

Ambac Financial Group reported Q2 2016 net income of $58.6 million and adjusted book value per share of $29.94, reflecting continued recovery post-emergence from bankruptcy. The financial guarantee insurer achieved a 3% increase in book value from Q1 2016, with reduced net par insured exposure and significant subrogation recoveries. Strategic initiatives included staff optimization, active portfolio management, and heightened risk engagement including Puerto Rico debt discussions.