...  Financial Group, Inc. Announces First Quarter 2013 Results and Update … In addition, a reduction to the credit valuation adjustment ("CVA"), resulting from the improved perception of Ambac Assurance's credit quality, lowered net income by $ 99.6 million and $ 138.1 million for the three months ending March 31, 2013 and 2012 … Read more on MarketWatch (press release) Tags: credit valuation adjustment, ambac assurance ...