RAM Holdings Receives Extension from BSX
RAM Holdings Ltd. has sought and received from the Bermuda Stock Exchange an extension of time to file its interim financial reports for the period ending 30 June, 2010, until 15 December, 2010.
The extension was sought on the basis that one of the Company’s ceding primary insurers ceased providing US GAAP financial reporting to the Company in the second quarter of 2010 and additional time is required for the Company to undertake sufficient analysis and calculations in order to satisfy the Company’s US GAAP reporting requirements.
RAM Holdings Ltd. is a Bermuda-based holding company. Its operating subsidiary, RAM Reinsurance Company Ltd., provides financial guaranty reinsurance for U.S. and
international public finance and structured finance transactions
