---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-010639"
form_type: "8-K"
ticker: "OSG"
cik: "0000874501"
company_name: "OCTAVE SPECIALTY GROUP INC"
filed_at: "2026-02-23T23:59:59+00:00"
generated_at: "2026-05-16T01:20:05.791956+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Octave Specialty Q4 2025: Net loss from continuing ops $29.98M, adjusted EBITDA improves to $1.35M

## Summary
- Revenue $66.9M (+3% YoY); net loss from continuing ops to shareholders $29.98M (diluted EPS -$0.84) vs loss $22.16M (EPS -$0.56) last Q4.
- Insurance Distribution: premium production $303M (+15%), commission income $37M (+13%), organic growth 8.1%, segment adjusted EBITDA $7M (+33%).
- Everspan: gross premiums written $80M (+34%), net premiums written $23M (+978%), combined ratio below 100%, net income fell 37% to $1M.
- Adjusted EBITDA to shareholders $1.35M vs $0.52M; driven by ID segment improvement and corporate cost reductions.
- Acquired ArmadaCare and launched 1889 Specialty MGA in Q4; expects strong organic growth in 2026.

## SEC filing metadata
- accession: 0001628280-26-010639
- form_type: 8-K
- ticker: OSG
- cik: 0000874501
- company_name: OCTAVE SPECIALTY GROUP INC
- filed_at: 2026-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874501/000162828026010639/0001628280-26-010639-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874501/000162828026010639/ambc-20260223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-010639
- JSON: https://secwatch.observer/filing/0001628280-26-010639.json
- Plain text: https://secwatch.observer/filing/0001628280-26-010639.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.