---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-031377"
form_type: "8-K"
ticker: "OSG"
cik: "0000874501"
company_name: "OCTAVE SPECIALTY GROUP INC"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T23:04:56.617302+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Octave Specialty Q1: Insurance Distribution revenue soars 92%; net loss narrows to $6.9M on Everspan litigation charge

## Summary
- Total P&C premium production up 66% to $531M; Insurance Distribution revenue grew 92% to $79M, with organic growth of 42%.
- Adjusted net income to shareholders of $16.6M ($0.37/diluted share) vs net loss of $6.0M in Q1 2025.
- Insurance Distribution segment net income of $13M vs loss of $3M; Adjusted EBITDA $25M vs $7M.
- Specialty P&C (Everspan) gross written premiums up 19% to $104M, but net loss of $8M due to $7.9M loss/LAE from litigation settlement.
- Corporate segment net loss narrowed to $12M from $14M; weighted-average diluted shares 45.3M.

## SEC filing metadata
- accession: 0001628280-26-031377
- form_type: 8-K
- ticker: OSG
- cik: 0000874501
- company_name: OCTAVE SPECIALTY GROUP INC
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874501/000162828026031377/0001628280-26-031377-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874501/000162828026031377/ambc-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-031377
- JSON: https://secwatch.observer/filing/0001628280-26-031377.json
- Plain text: https://secwatch.observer/filing/0001628280-26-031377.txt

## Source-grounded claims
- claim_id: 3cfd12eed78c2059a73c5b9b9ac37ec1a07d9769
  claim: OCTAVE SPECIALTY GROUP INC reported financial results for first quarter ended March 31, 2026.
  evidence_excerpt: On May 6, 2026, Octave Specialty Group, Inc. issued a press release announcing financial results for its first quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/874501/000162828026031377/0001628280-26-031377-index.htm

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