Syncora Holdings Ltd., through its principal operating subsidiary Syncora Guarantee Inc., was a provider of financial guarantee insurance and reinsurance for US municipal bonds and global structured finance transactions. Following significant financial distress during the 2008 financial crisis due to its exposure to mortgage-backed securities, the company ceased writing new business. It currently operates in a "run-off" mode, where its primary mission is to manage its existing portfolio of insured obligations to mitigate losses and maximize the value of its assets.

Founded in

United States