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Questions & Answers > Plan of Rehabilitation > How did the Rehabilitator determine that a 25% cash/75% surplus note distribution was appropriate?

The following questions and answers are provided to the general public for informational purposes only. They are not legal documents and do not bind the Segregated Account of Ambac Assurance Corporation, the Office of the Commissioner of Insurance, or the Rehabilitator to any position or interpretation of the rehabilitation court's orders in these proceedings, now or in the future. Interested parties should review the court documents available on this site and consult their own legal counsel with any questions they may have regarding any effect this rehabilitation proceeding may have on their legal rights and obligations.

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The decision to adopt a 25%/75% split was guided by the need to preserve sufficient cash to pay all valid policy claims, including those that exist today and those that may arise in the future. The cash percentage may be increased in conjunction with a yearly assessment of liabilities and claims-paying resources.

Last updated on October 8, 2010 by Ambac Policyholders Administrator