{"schema_version":"secwatch.filing_event.v1","accession":"0000874501-23-000123","form_type":"8-K","ticker":"OSG","cik":"0000874501","company_name":"OCTAVE SPECIALTY GROUP INC","filed_at":"2023-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.836526+00:00","generated_at":"2026-06-12T05:22:54.217472+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ambac Q2 net loss $13M, adjusted net income $3M; P&C production up 45% YoY","bullets":["Net loss of $13M ($0.29 diluted EPS); adjusted net income $3M ($0.07 diluted EPS).","Specialty P&C gross written premium $53M (+30% YoY); Insurance Distribution premiums placed $41M (+71%).","Legacy FG net par outstanding reduced 9.3% to $20.4B; WLACC down 19.6% to $6.1B.","Reinsurance de-risking transaction ceded $2.1B net par, reduced adjusted book value by $48M ($1.06/share).","Repurchased 205,000 shares at avg $14.42; warrants expired unexercised."],"urls":{"canonical":"https://secwatch.observer/filing/0000874501-23-000123","json":"https://secwatch.observer/filing/0000874501-23-000123.json","markdown":"https://secwatch.observer/filing/0000874501-23-000123.md","text":"https://secwatch.observer/filing/0000874501-23-000123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874501/000087450123000123/0000874501-23-000123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874501/000087450123000123/ambc-20230807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T05:22:54.217472+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}