Dec 2 (Reuters) - RAM Holdings Ltd:
* Says Ram Reinsurance Co Ltd. has commuted its entire $10.6 billion portfolio of business assumed from MBIA Insurance Corp effective November 30 - SEC filing
* Says portfolio includes structured finance transactions, collateralized debt
obligations, asset and mortgage-backed securities - SEC filing
* Says RAM Re to pay MBIA commutation payment of $156.5 million - SEC filing
* Says commutation payment includes return of $51.5 million of unearned premium
reserves, and $61.3 million of estimated loss reserves - SEC filing
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about RAM Holdings Ltd click here:) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Says Ram Reinsurance Co Ltd. has commuted its entire $10.6 billion portfolio of business assumed from MBIA Insurance Corp effective November 30 - SEC filing
* Says portfolio includes structured finance transactions, collateralized debt
obligations, asset and mortgage-backed securities - SEC filing
* Says RAM Re to pay MBIA commutation payment of $156.5 million - SEC filing
* Says commutation payment includes return of $51.5 million of unearned premium
reserves, and $61.3 million of estimated loss reserves - SEC filing
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about RAM Holdings Ltd click here:) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.