{
  "name": "Octave Specialty Group Inc",
  "legal_name": "OCTAVE SPECIALTY GROUP INC",
  "ticker": "OSG",
  "tickers": [
    "OSG"
  ],
  "cik": "0000874501",
  "page_url": "https://steadybase.io/company/octave-specialty-group-inc/",
  "markdown_url": "https://steadybase.io/company/octave-specialty-group-inc.md",
  "json_url": "https://steadybase.io/company/octave-specialty-group-inc.json",
  "as_of": "2026-11-10",
  "last_filed": "2026-08-06",
  "industry": {
    "sic": "6351",
    "description": "Surety Insurance"
  },
  "headquarters": {
    "city": "New York",
    "state": "NY",
    "country": "US"
  },
  "exchanges": [
    "NYSE"
  ],
  "fiscal_year_end": "December 31",
  "filer_category": "Accelerated filer",
  "state_of_incorporation": "DE",
  "website": "octavegroup.com",
  "investor_relations_url": "https://octavegroup.com/investor-relations/investor-overview/default.aspx",
  "linkedin_company_url": "https://www.linkedin.com/company/octave-specialty-group",
  "summary": {
    "text": "Octave Specialty Group, Inc. (\"OSG\"), headquartered in New York City, is a financial services holding company incorporated in the State of Delaware on April 29, 1991 and was formerly known as Ambac Financial Group, Inc. (\"AFG\"). In the fourth quarter of 2025, AFG changed its name and rebranded as OSG in connection with the sale of its Legacy Financial Guarantee business. References to \"Octave,\" \"OSG,\" the “Company,” “we,” “our,” and “us” are to OSG and its subsidiaries, as the context requires.",
    "section": "Item 1. Business",
    "period_end": "2025-12-31",
    "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026014653/ambc-20251231.htm"
  },
  "key_facts": [
    {
      "key": "revenue",
      "label": "Revenue",
      "value": 251222000,
      "unit": "USD",
      "period_start": "2025-01-01",
      "period_end": "2025-12-31",
      "basis": "filing_fact",
      "form": "10-K",
      "filed": "2026-03-04",
      "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026014653/0001628280-26-014653-index.html",
      "text": "Revenue: $251.2M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 4, 2026)."
    },
    {
      "key": "net_income",
      "label": "Net income",
      "value": -259091000,
      "unit": "USD",
      "period_start": "2025-01-01",
      "period_end": "2025-12-31",
      "basis": "filing_fact",
      "form": "10-K",
      "filed": "2026-03-04",
      "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026014653/0001628280-26-014653-index.html",
      "text": "Net income: -$259.1M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 4, 2026)."
    },
    {
      "key": "sga",
      "label": "SG&A",
      "value": 191624000,
      "unit": "USD",
      "period_start": "2025-01-01",
      "period_end": "2025-12-31",
      "basis": "derived",
      "form": "10-K",
      "filed": "2026-03-04",
      "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026014653/0001628280-26-014653-index.html",
      "text": "SG&A: $191.6M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 4, 2026)."
    },
    {
      "key": "employees",
      "label": "Employees",
      "value": 483,
      "unit": "people",
      "period_end": "2025-12-31",
      "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026014653/ambc-20251231.htm",
      "text": "Employees: 483 as of Dec 31, 2025, as reported in an SEC filing."
    },
    {
      "key": "shares_outstanding",
      "label": "Shares outstanding",
      "value": 45061214,
      "unit": "shares",
      "period_end": "2026-11-05",
      "form": "10-Q",
      "filed": "2026-11-09",
      "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026072236/0001628280-26-072236-index.html",
      "text": "Shares outstanding: 45,061,214 as of Nov 5, 2026 (10-Q filed Nov 9, 2026)."
    },
    {
      "key": "auditor",
      "label": "Auditor",
      "value": "Kpmg LLP",
      "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026014653/ambc-20251231.htm",
      "text": "Auditor: Kpmg LLP, New York, NY, named in the latest 10-K."
    }
  ],
  "metrics": {
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  },
  "next_earnings": {
    "date": "2026-11-09",
    "confidence": "medium",
    "webcast_url": "https://octavegroup.com/investor-relations/events-and-presentations"
  },
  "people": [
    {
      "name": "Claude LeBlanc",
      "title": "Chief Executive Officer",
      "role": "both",
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      "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026048011/0001628280-26-048011-index.htm"
    },
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      "linkedin_url": "https://linkedin.com/in/david-trick-4688738",
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    },
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    },
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      "title": "*See Remarks for full title",
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  "quotes": [
    {
      "text": "Octave delivered a solid third quarter, with continued growth in our Insurance Distribution business and further progress at Everspan, despite a P&C market that has become more competitive as the year has progressed. While we expect market softening to continue into 2027, we believe that our operating model was built to perform through market cycles, and Octave is well positioned to deliver sustained, profitable growth toward our long-term goals",
      "speaker": "Claude LeBlanc",
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      "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026072166/a03-0543q26ex991osgpressre.htm"
    },
    {
      "text": "Our core Insurance Distribution business delivered another quarter of strong performance led by revenue growth of 77% and organic revenue growth of 44%. Our Insurance Distribution top-line success translated to a near fourfold increase in Adjusted EBITDA to shareholders during the second quarter of 2026 compared to 2025. These results reflect the successful 2025 acquisition of ArmadaCare and the diversification of our portfolio of MGAs against the backdrop of increasingly sof",
      "speaker": "Claude LeBlanc",
      "title": "President and Chief Executive Officer of Octave",
      "form": "8-K",
      "filed": "2026-08-06",
      "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026054440/a03-0532q26ex991osgpressre.htm"
    }
  ],
  "latest_filings": [
    {
      "form": "8-K",
      "filed": "2026-08-06",
      "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026054440/ambc-20260806.htm"
    },
    {
      "form": "10-K",
      "filed": "2026-03-04",
      "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026014653/ambc-20251231.htm"
    },
    {
      "form": "10-Q",
      "filed": "2026-08-06",
      "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026054446/ambc-20260630.htm"
    },
    {
      "form": "DEF 14A",
      "filed": "2026-04-10",
      "source_url": "https://www.sec.gov/Archives/edgar/data/874501/000162828026024684/ambc-20260410.htm"
    }
  ],
  "source": "SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from."
}