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Ambac Financial Group has rebranded as Octave Specialty Group, marking the next phase of its transformation into a leading specialty insurance platform. The company has begun trading under the new ticker symbol "NYSE: OSG" and will focus on building and acquiring high-performing managing general agency (MGA) businesses. The company's insurance distribution division has been rebranded as Octave Partners and Octave Ventures, and the MGAs and hybrid fronting carrier, Everspan Group, will continue to operate under their existing brands.

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