Syncora Holdings Ltd. reported unaudited consolidated earnings results for the six months ended June 30, 2018. For the six months, the company reported premiums earned, net of reinsurance ceded of $23.1 million against $27.4 million a year ago. The decrease was due to $3.3 million of premiums ceded to Assured Guaranty Corp. under the reinsurance agreement effective June 1, 2018 and as a result of lower earned premiums from the continued run-off of the company’s book of business. Net investment income was $21.4 million against $23.5 million a year ago. The decrease was primarily due to lower income on remediation bonds as compared to the prior period. Net unrealized and realized gains on investments was $3.5 million against net unrealized and realized loss on investments of $9.8 million a year ago. Loss from continuing operations was $118.1 million against $75.3 million a year ago. Net loss was $107.3 million against $69.3 million a year ago. Basic and diluted loss per common share was $1.24 against $0.80 a year ago. Non-GAAP operating loss was $45.3 million against $39.1 million a year ago. Non-GAAP basic and diluted operating loss per common share was $0.52 against $0.45 a year ago. Adjusted book value per common share was $4.93 against $7.02 a year ago.