Syncora Holdings Ltd. - Company Capsule

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					Syncora Holdings Ltd.

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Syncora Holdings Ltd. - Company Capsule
Reference Code: FS0492CC
Published Date: April 2011




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Syncora Holdings Ltd. - Company Capsule                                             Page 1
Syncora Holdings Ltd.

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Syncora Holdings Ltd. - Company Overview

Syncora Holdings Ltd. (Syncora Holdings) is a US based holding company that engages in offering financial services
through its subsidiaries. The company was formerly known as Security Capital Assurance Limited. Syncora Holdings
offers a diverse range of insurance, reinsurance, and other credit enhancement products. The company offers credit
enhancement for a variety of products from public finance transactions to collateralized debt obligations (CDOs),
consumer and commercial asset-backed securities (ABS) and other specialized, highly structured financial products.
Syncora Holdings major business is being carried out through Syncora Guarantee Inc. and Syncora Guarantee Re Ltd.
The Syncora Guarantee Inc. provides financial guarantee insurance to debt issuers across the world. The Syncora
Guarantee Re Ltd. offers reinsurance to the financial guarantee industry. The company is headquartered in Hamilton,
Bermuda.


Financial Performance

The company reported total premiums of US$281.87 million during the year 2009.The company's total premiums declined
at a compounded rate of 0.49% during the period 2007-2009 with a year on year decline of 562.44% over fiscal year
2008. During the fiscal year 2009, its operating margin was -667.97% as against the operating margin of -3334.59% in the
fiscal year 2008. During the fiscal year 2009, the company’s net profit margin was -666.76% as against the net profit
margin of-3341.10% in the fiscal year 2008.




Syncora Holdings Ltd. - Key Facts

Syncora Holdings Ltd., Key Facts

                                  Canon's Court, Hamilton, , HM
                                                                    Ticker Symbol, Stock
Corporate Address:                EX, Bermuda
                                                                                               SYCRF (Over The Counter)
                                                                    Exchange



Telephone                          + 1 441 2957135                  No. of Employees           65



Fax                               N/A                               Financial Year End         December



URL                               www.syncora.com                   Revenue (in USD Million)   629.11



Industry                          Financial Services



Locations                         Bermuda

Source: Annual Report, Company Website, Primary and Secondary Research




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Syncora Holdings Ltd. - Company Capsule                                                                             Page 2
Syncora Holdings Ltd.

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Syncora Holdings Ltd. - Major Products and Services

Syncora Holdings Ltd. provides credit enhancement and protect products to the public finance and structured finance
markets throughout the US and internationally. Key products and services of the company include the following:

Syncora Holdings Ltd., Major Products and Services
Products:

Credit enhancement products

Protection products

Services :

Financial guarantee insurance

Reinsurance
Source: Annual Report, Company Website, Primary and Secondary Research




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Syncora Holdings Ltd. - Company Capsule                                                                         Page 3
Syncora Holdings Ltd.

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Syncora Holdings Ltd. - Key Competitors

The following companies are the major competitors of Syncora Holdings Ltd.:

CNA Surety Corporation

MBIA Inc.

Radian Group Inc.

Arch Capital Group Ltd.

Lancashire Holdings Limited




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Syncora Holdings Ltd. - Company Capsule                                             Page 4
Syncora Holdings Ltd.

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Syncora Holdings Ltd. - Key Employees


Syncora Holdings Ltd., Key Employees


          Name                             Job Title                      Board Level     Since   Age


Claude L. LeBlanc          Special Adviser to Board of Directors    Senior Management     2008    43


Coleman D.Ross             Director                                 Non Executive Board   2006    66


Drew D.Hoffman             Senior Vice President                    Senior Management     2008    49


Duncan P.Hennes            Director                                 Non Executive Board   2008    52


E. Grant Gibbons           Director                                 Non Executive Board   2006    56


Michael P. Esposito        Chairman                                 Non Executive Board   2006    70


Orlando Rivera             Senior Vice President                    Senior Management             47


Robert J. White            Director                                 Non Executive Board


Robert M. Lichten          Director                                 Non Executive Board   2006    68


Robert W. Shippee          Director                                 Non Executive Board


Susan B. Comparato         President, General Counsel, Director     Executive Board       2009    40


Thomas S.Norsworthy        Director                                 Non Executive Board   2008    55


Thomas W.Currie            Senior Vice President, Secretary         Senior Management             49


William M. Fitzgerald      Director                                 Non Executive Board   2009    46

Source: Annual Report, Company Website, Primary and Secondary Research




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Syncora Holdings Ltd. - Company Capsule                                                                Page 5
Syncora Holdings Ltd.

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Syncora Holdings Ltd. - Locations and Subsidiaries

Head Office

Syncora Holdings Ltd.
Canon's Court
Hamilton
Zip: HM EX
Bermuda
Tel: + 1 441 2957135



Other Locations & Subsidiaries

Syncora Holdings Ltd., Subsidiaries


                                                                    Syncora Guarantee Inc
Syncora Guarantee (U.K ) Limited
                                                                    1221 Avenue of the Americas
60 Lombard Street
                                                                    New York
London
                                                                    New York (NY)
Zip: EC3V 9EA
                                                                    Zip: NY 10020
United Kingdom
                                                                    United States
Tel: + 44 203 1782929
                                                                    Tel: + 1 212 478
Fax: + 44 203 1782928
                                                                    Fax: + 1 212 478

Source: Annual Report, Company Website, Primary and Secondary Research




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Syncora Holdings Ltd. - Company Capsule                                                           Page 6
Syncora Holdings Ltd.

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