RAM Holdings Looking to Improve Capital Position After Moody’s Puts Reinsurer on Review

On the heels of Moody's Investors Service's announcement that it has placed Bermuda-based reinsurer RAM Holdings Ltd on review for a possible downgrade, the company announced today that it's looking at a number of alternatives to improve its capital position, including seeking reinsurance and reducing its growth.

Published on February 4, 2008

The company said it does not expect to raise new capital due to current market conditions.

Moody's placed the "Aa3" insurance financial strength rating of RAM Reinsurance Company Ltd on review for possible downgrade on Friday.