Overview

syncora holdings ltd

Information by Research TrustFinance

https://www.syncora.com/

Syncora Holdings Ltd., through its main operating subsidiary Syncora Guarantee Inc., was a provider of financial guarantee insurance for municipal bonds and structured finance products. Heavily impacted by the 2008 financial crisis due to its exposure to mortgage-backed securities, the company ceased writing new business and entered a "run-off" phase. Its current operations focus on managing its existing portfolio of insured obligations, mitigating risks, pursuing recoveries, and maximizing value for its stakeholders through restructurings and commutations.

Founded in
United States

United States


Industry

    Financial

  • InsurancePRIMARY
  • Other Service