Syncora Holdings Ltd. announced consolidated earnings results for the year ended December 31, 2017. For the year, the company announced net premiums earned were USD 51,081,000 compared to USD 77,154,000 for the same period a year ago. Net investment income was USD 45,313,000 compared to USD 48,843,000 for the same period a year ago. Total revenues were USD 62,118,000 compared to USD 3,904,000 for the same period a year ago. Income before income tax (benefit) expense from continuing operations was USD 116,594,000 compared to USD 24,990,000 for the same period a year ago. Income from continuing operations was USD 121,387,000 compared to USD 20,235,000 for the same period a year ago. Net income attributable to controlling interest was USD 133,502,000 compared to USD 32,650,000 for the same period a year ago. Non-GAAP operating income was USD 148.3 million compared to USD 150.9 million for the same period a year ago. Non-GAAP basic and diluted operating income per common share was USD 1.71 compared to USD 2.22 for the same period a year ago. Book value per common share was USD 6.51 compared to USD 4.66 for the same period a year ago. Adjusted book value per common share was USD 7.02 compared to USD 5.59 for the same period a year ago. The decrease in net premiums was due to lower earned premiums as a result of the continued run-off of the Company’s book of business, and lower premium accelerations from refundings in the current year. The decrease in net investment income was primarily due to lower invested assets as a result of claims payment activity during the year. Basic and diluted income per common share was USD 1.54 compared to USD 2.18 for the same period a year ago.