Mark F. Milner, senior vice president and chief risk officer of PMI Mortgage Insurance Co. has been appointed to the board of directors of Bermuda-based Ram Holdings Ltd..

The PMI Group, Inc. owns about 24 percent of Ram Holdings’ common shares and Victor J. Bacigalupi, executive vice president of The PMI Group, Inc. is also a director of Ram Holdings.

Ram Holdings Ltd.’s operating subsidiary, Ram Reinsurance Company Ltd., provides financial guaranty reinsurance for US and international public finance and structured finance transactions.