April 25, 2018 9:45 AM ET

Insurance

Company Overview of Syncora Guarantee Inc.

Company Overview

Syncora Guarantee Inc. provides financial guarantee insurance on the debt obligations of issuers worldwide. The company provides traditional and structured public finance and global infrastructure transaction guarantees; collateralized debt obligations; asset-backed structure finance, including commercial and consumer collateral loans; and specialized risks, including future flow securitizations and bank deposit insurance. It also provides credit enhancement services; guarantee services for the U.S. municipal bonds; and finance solutions for power and utility markets. Syncora Guarantee Inc. was formerly known as XL Capital Assurance, Inc. and changed its name to Syncora Guarantee Inc. in Aug...

135 West 50th Street

20th Floor

New York, NY 10020

United States

Founded in 1991

Phone:

212-478-3400

Fax:

212-478-3587

Key Executives for Syncora Guarantee Inc.

Chief Executive Officer, President and Director
Age: 47
President, CEO & Director
Age: 54
Head of Human Resources and Senior Vice President
Age: 55
Senior VP, Group Head of Surveillance, Exposure Management & Analytics and Director
Age: 58
Chief Financial Officer and Chief Restructuring Officer
Age: 52
Compensation as of Fiscal Year 2017.

Syncora Guarantee Inc. Key Developments

Syncora Guarantee Inc. Announces Earnings Results for the Nine Months Ended September 30, 2017

Syncora Guarantee Inc. announced earnings results for the nine months ended September 30, 2017. For the period, the company reported net premiums of $8,260,117 compared to $18,363,402 a year ago. Net investment income earned was $7,751,527 compared to net investment loss of $17,577,931 a year ago. Net investment gain was $21,403,376 compared to loss of $11,008,109 a year ago. Net loss was $31,338,063 compared to net income of $56,708,957 a year ago. Net cash used in operations was $26,481,160 compared to $61,003,435 a year ago.

Syncora Guarantee Inc. Announces Earnings Results for the Nine Months Ended September 30, 2016

Syncora Guarantee Inc. announced earnings results for the nine months ended September 30, 2016. For the period, the company reported net premiums of USD 18,363,402 against USD 20,818,009 a year ago. Net investment income earned was USD 57,683,668 against USD 1,970,028 a year ago. Net income was USD 56,708,957 against USD 48,166,982 a year ago. Net cash used in operations was USD 61,003,435 against net cash from operations of USD 5,387,549 a year ago.

Syncora Guarantee Inc. Announces Earnings Results for the Six Months Ended June 30, 2016

Syncora Guarantee Inc. announced earnings results for the six months ended June 30, 2016. For the period, the company reported net premiums were USD 6,993,819 against USD 16,206,572 a year ago. Net investment income earned was USD 21,128,018 against USD 19,140,246 a year ago. Net income was USD 49,714,213 against USD 78,932 a year ago. Net cash used in operations was USD 3,507,182 against net cash from operations of USD 524,388 a year ago.

Similar Private Companies By Industry

Company Name Region
1-800-MEDIGAP Holdings LLC United States
1st Atlantic Surety Company United States
212 Capital Group, LLC United States
21st Century Life and Health Company, Inc. United States
3 Mark Financial, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States
NYC2012, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Syncora Guarantee Inc., please visit www.syncora.com/?site_id=2. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.