Best's News


Best’s News & Research Service subscription required - June 05, 2024 04:34 PM (EDT)

Ambac to Buy 60% Stake in Beat and Sell Legacy Financial Guarantee to Oaktree

Ambac Financial Group Inc. has agreed to back-to-back deals to acquire a 60% stake in Beat Capital Partners for about $282 million and to sell its legacy financial guarantee businesses to funds . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Mergers And Acquisitions Wholesalers Financial Guarantee Insurance Excess And Surplus Lines Insurance Managing General Agent


Latest News

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Lincoln National Corporation and Its Subsidiaries
Mar 13, 2026 04:18 PM (EDT)
BEST'S NEWS
Best's News: NAIC Working on RBC, Tech and Climate Regulations at Upcoming Spring Meeting
Mar 13, 2026 04:13 PM (EDT)
LOSSES
Aon Estimates Severe March US Storm Losses at Billions of Dollars
Mar 13, 2026 04:02 PM (EDT)
REHABILITATION
Additional PHL Policyholders Attempting to Intervene in Rehabilitation
Mar 13, 2026 03:52 PM (EDT)
MERGERS AND ACQUISITIONS
MedImpact Acquires Captives MHW Benefit Partners, MSL Captive Solutions
Mar 13, 2026 03:44 PM (EDT)

More from Best’s News


Trending

1
OCEAN MARINE INSURANCE
Chubb to Lead $20 Billion US Gulf Marine Reinsurance Program
Mar 11, 2026 05:11 PM (EDT)
2
ARTIFICIAL INTELLIGENCE
Nippon Life Sues OpenAI for Illegally Practicing Law in Dispute Over Settled Claim in Illinois
Mar 11, 2026 04:42 PM (EDT)
3
BEST'S NEWS
Best's News: Best’s Ranking Finds Progressive Edges Out State Farm as No. 1 in US Total Auto
Jun 20, 2025 04:14 PM (EDT)
4
SETTLEMENTS (LITIGATION)
Aetna Reaches $117.7 Million False Claims Act Settlement
Mar 11, 2026 03:15 PM (EDT)
5
CAPTIVE INSURERS
Federal Court Rules in Favor of IRS in Microcaptive Case
Mar 11, 2026 04:30 PM (EDT)

    

1
STRATEGY
Zurich CEO: Global Specialty Prospects Ideal Amid Current Uncertainty
Nov 19, 2025 11:03 AM (EST)
2
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Nationwide Mutual Insurance Company and Its Key Operating Subsidiaries
Nov 07, 2025 09:02 AM (EST)
3
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of The Allstate Corporation and Its Core Subsidiaries
Aug 28, 2025 04:29 PM (EDT)
4
BEST'S CREDIT RATING ACTION
AM Best Revises Outlooks to Negative for Knight Insurance Company Ltd. and Its Affiliates
Apr 17, 2025 09:18 AM (EDT)
5
MUTUAL INSURERS
Mutual of Omaha Board Approves Reorganization as Mutual Holding Company
Apr 07, 2025 02:12 PM (EDT)
AM Best TV

Related Companies

LLOYDS
Statera Managing Agency Gets Lloyd's Approval, Will Manage Two Syndicates
Jan 07, 2026 01:40 PM (EST)
EARNINGS
Ambac Financial Rebrands to Octave Specialty as Third-Quarter Net Loss Widens
Nov 11, 2025 10:45 AM (EST)
MERGERS AND ACQUISITIONS
Ambac Completes $250 Million Purchase of Health Program Manager ArmadaCare
Nov 03, 2025 01:45 PM (EST)
DUAE (DELEGATED UNDERWRITING AUTHORITY ENTERPRISES)
UK's Beat Capital Launches MGA 1889 Specialty Geared to Financial Institutions
Oct 17, 2025 11:55 AM (EDT)
MERGERS AND ACQUISITIONS
SiriusPoint to Sell MGA ArmadaCare to Ambac Financial Group for $250 Million
Sep 29, 2025 05:22 PM (EDT)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html