Security Capital Assurance Ltd - Current report filing (8-K)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 11, 2008 (August 11, 2008)

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SYNCORA HOLDINGS LTD .
(Exact name of registrant as specified in its charter)

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Bermuda		001-32950		Not applicable
(State or other jurisdiction		(Commission File Number)		(I.R.S. Employer Identification No.
of incorporation)

A.S. Cooper Building, 26 Reid Street, 4 ^th Floor, Hamilton, Bermuda HM 11
(Address of principal executive offices)

[phone]
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[   ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[   ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[   ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[   ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION

      See Item 7.01 below.

ITEM 7.01 REGULATION FD DISCLOSURE

      On August 11, 2008, Syncora Holdings Ltd. (“Syncora Holdings”) issued a press release announcing its financial results for the three months and six months ended June 30, 2008. As described in the press release, Syncora Holdings will host a conference call for investors to discuss its financial results for the three months and six months ended June 30, 2008 on August 12, 2008. A copy of the press release is attached as Exhibit 99.1 to this current report and incorporated by reference herein. Syncora Holdings utilized certain non-GAAP financial measures in the press release that are detailed at the end of the press release.

      This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), except as shall be expressly set forth by specific reference in such a filing.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

Exhibit 99.1 Press Release of Syncora Holdings dated August 11, 2008.

Exhibit 99.1 shall not be deemed filed for purposes of Section 18 of the Exchange Act, nor shall it be deemed incorporated by reference in any filing under the Securities Act, except as shall be expressly set forth by specific reference in a filing.

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SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		SYNCORA HOLDINGS LTD.
		(Registrant)
Date: August 11, 2008	By:	Susan Comparato
		Name:   /s/ Susan Comparato
		Title:   SVP and GC

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