Syncora Holdings Ltd. reported Unaudited consolidated financial results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported net premiums earned of $27.386 million against $26.467 million a year ago. Net investment income was $23.504 million against $23.178 million a year ago. Toll revenue was $14.249 million against $13.814 million a year ago. Loss before income tax expense was $67.550 million against income before income tax expense of $9.275 million a year ago. Loss was $69.300 million against income of $8.552 million a year ago. Net loss attributable to controlling interest was $69.478 million against net income attributable to controlling interest of $8.460 million a year ago. Non-GAAP operating loss was $33.0 million against non-GAAP operating income of $81.2 million a year ago. Non-GAAP basic and diluted operating loss per common share was $0.38 million against non-GAAP basic and diluted operating income per common share of $1.44 a year ago. Book value per common share was $4.10 against $4.18 a year ago. Adjusted book value per common share was $5.02 against $5.10 a year ago. For the six months, on pro-forma basis, the company reported net premiums earned of $27.386 million against $26.467 million a year ago. The increase was due to premium accelerations from refundings, partially offset by lower earned premiums as a result of the continued run-off of the company's book of business. Net investment income was $23.455 million against $23.007 million a year ago. Loss before income tax expense from continuing operations was $73.593 million against income before income tax expense from continuing operation of $2.584 million a year ago. Loss from continuing operations was $68.451 million against income from continuing operations of $1.861 million a year ago. Net loss attributable to controlling interest was $62.586 million against net income attributable to controlling interest of $8.460 million a year ago. This decrease was due to the reversal of certain deferred tax liabilities as a result of meeting the held-for-sale classification. Non-GAAP operating loss was $26.1 million against non-GAAP operating income of $81.2 million a year ago. Non-GAAP basic and diluted operating loss per common share was $0.30 against non-GAAP basic and diluted operating income per common share of $1.44 a year ago.