Octave Specialty Group, Inc. (OSG)
Octave Specialty Group, Inc. operates in the Insurance - Specialty industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $4.19, up 1.21% on the session, giving a market capitalisation of $188.6M. On trailing twelve-month figures it carries a trailing P/E of -1.15, a net margin of -44.0%. Its beta of 0.82 implies it has historically moved less than the broad market.
Octave Specialty Group, Inc. functions as a financial services holding company, organizing its operations into two distinct divisions. Its Specialty Property and Casualty Insurance segment delivers specialized program insurance, primarily focusing on coverage for commercial and personal liability exposures. The second division, Insurance Distribution, offers a broad spectrum of services for distributing specialty property and casualty insurance, which includes roles such as managing general agents, underwriters, and insurance brokers, alongside other related distribution and underwriting ventures. Established in 1971, the company, with its corporate headquarters located in New York, New York, rebranded from its former name, Ambac Financial Group, Inc., to Octave Specialty Group, Inc. in November 2025.
Octave Specialty Group, Inc. is most often compared with the following Financial Services names: