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Re: InvestorPM post# 8593

Thursday, 11/23/2017 11:29:32 AM

Thursday, November 23, 2017 11:29:32 AM

Post# of 11618
Reliance Rail. Two of the the biggest concerns that any insurance regulator has with an insurance company is their financial stability and liquidity. If either of these are in question the regulator will often step in ...as was the case with Syncora.

Since, according to the 3Q Report, management told investors that a Reliance Rail refinancing would "greatly improve our liquidity mismatch and the overall stability of our financial condition"

I have to wonder if this will allow the Insurance Regulator to significantly reduce the restrictions that they have placed on Syncora.

One would also think that this would make Syncora a more attractive take over target since a very large and previously unpredictable exposure has been eliminated

Hopefully Syncora will inform investors of the impact that the refinancing will have on it sooner vs later

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