RAM Holdings RAMR
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A Dreadful Quarter at PMI Group
… operations. It has also taken the step of writing down to zero its minority interest in financial guaranty reinsurer Ram Holdings RAMR . One positive note is that the insurer expects to benefit from captive reinsurance by about $550 million in 2008 …
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Bond Insurer Update
… downgraded to A status by all three rating agencies, FGIC PMI was demoted to A by two of the three rating agencies, and Ram Holdings RAMR remains under review for almost certain downgrade. MBIA MBI has raised capital in response to threats of a downgrade …
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Bond Insurers Not Rated
… guarantors MBIA MBI, Ambac ABK, Assured Guaranty AGO, and Security Capital SCA and financial guarantor reinsurer Ram Holdings RAMR . The combination of rating agency actions and fair value accounting--which obfuscates economic reality--motivates …
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Financial Guarantors under Review
Financial guarantors Ambac ABK, Security Capital SCA, Assured Guaranty AGO, and financial guaranty reinsurer Ram Holdings RAMR will remain under review pending the outcome of an industry capital requirements assessment by Moody's MCO. The …
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Financial Guarantors under Review
… Ambac ABK, Security Capital SCA, Assured Guaranty AGO, and Ram Holdings RAMR under review. We are considering a substantial decrease in ..... assessments. For this reason, we are including Assured Guaranty and Ram Holdings in our review.
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PMI Group Reports 3Q Earnings
… inhibited by large unrealized mark-to-market derivative losses from minority-owned financial guarantors FGIC and RAM Holdings RAMR . All financial guarantors are reporting huge third-quarter derivative losses, which are accounting entries that …