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SCHEDULE IV - Reinsurance
 12 Months Ended
Dec. 31, 2012
SCHEDULE IV - Reinsurance

AMBAC FINANCIAL GROUP, INC. AND SUBSIDIARIES

DEBTOR-IN-POSSESSION

SCHEDULE IV—REINSURANCE

December 31, 2012 and 2011

(Dollar Amounts in Thousands)

 

Insurance Premiums Written

    Gross
Amount		     Ceded to Other
Companies		      Assumed from
Other
Companies		     Net
Amount		     Percentage of
Amount
Assumed to
Net		  

Year ended December 31, 2011

    ($ 171,283 )    $ 20,835       ($ 7,670 )    ($ 158,118 )      n.m.   

Year ended December 31, 2012

    ($ 277,508 )    $ 23,371       $ —        ($ 254,137 )      n.m.