TITLE

Ambac Reports 8% Profit Increase in 4Q

AUTHOR(S)
Meyers, Maxwell
PUB. DATE
January 2006
SOURCE
Bond Buyer;1/26/2006, Vol. 355 Issue 32306, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of Ambac Financial Group for the fourth quarter of 2005. The profits improved by eight percent from the same period in 2004 due to strong premium growth in its domestic municipal and structured finance businesses. The company has insured 11.16 billion dollars in tax-exempt debt in the quarter.
ACCESSION #
19752141

 

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