{"schema_version":"secwatch.filing_event.v1","accession":"0000874501-24-000039","form_type":"8-K","ticker":"OSG","cik":"0000874501","company_name":"OCTAVE SPECIALTY GROUP INC","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.102120+00:00","generated_at":"2026-06-05T13:50:16.496825+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Ambac Q4 net loss $16M, adjusted income $10M; P&C premiums up 76%","bullets":["Q4 net loss attributable to common stockholders $15.7M ($0.24 diluted EPS); adjusted net income $10.2M ($0.32 diluted EPS).","Specialty P&C segment (Everspan) gross written premium $90.7M, up 76% YoY; combined ratio improved to 100.3%.","Insurance Distribution (Cirrata) premiums placed $50.2M, up 31% YoY; pretax income $0.6M.","Legacy Financial Guarantee segment net loss $12.2M from lower premiums and $19M defensive litigation in prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0000874501-24-000039","json":"https://secwatch.observer/filing/0000874501-24-000039.json","markdown":"https://secwatch.observer/filing/0000874501-24-000039.md","text":"https://secwatch.observer/filing/0000874501-24-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874501/000087450124000039/0000874501-24-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874501/000087450124000039/ambc-20240227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T13:50:16.496825+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":[{"claim_id":"cc1454c0daca064c1e7000671e8647897cfbc711","claim":"OCTAVE SPECIALTY GROUP INC reported fourth quarter ended December 31, 2023 results: net income Net loss of $(16) million, EPS $(0.24) per diluted share.","evidence_excerpt":"Ambac Financial Group, Inc. issued a press release announcing financial results for its fourth quarter ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874501/000087450124000039/0000874501-24-000039-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended December 31, 2023"},{"label":"Net income","value":"Net loss of $(16) million"},{"label":"EPS","value":"$(0.24) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}