Hashtag: #MaidenHoldings
Maiden Holdings To Sell Swedish Subsidiaries
Maiden Holdings announced the sale of its Swedish subsidiaries, Maiden General and Maiden Life, to a London-based insurance group in an all-cash transaction. A spokesperson said, “Maiden Holdings, Ltd. announced today that it had entered into an agreement to sell its Swedish subsidiaries, Maiden General Försäkrings [Maiden General] and Maiden... Read more of this article
Maiden Leadership Update & Q1 Financial Results
Maiden Holdings, Ltd. reported an update on its leadership team along with its first quarter 2023 results. Leadership Update The company said, “The Company reported that its Board of Directors had named Patrick J. Haveron its sole Chief Executive Officer and Lawrence F. Metz was named Executive Vice Chairman while remaining as Group President.... Read more of this article
Maiden Completes Conversion Of Shares
Maiden Holdings Ltd has announced that it has completed “the previously announced conversion of its outstanding 8.25% Non-Cumulative Preference Shares, Series A, 7.125% Non-Cumulative Preference Shares, Series C and 6.700% Non-Cumulative Preference Shares, Series D for its common shares, $0.01 par value per share, on December 27, 2022.” A... Read more of this article
Maiden Holdings Rejoins Russell 2000 Index
Maiden Holdings, Ltd. announced that it has rejoined the Russell 2000 Index. Patrick J. Haveron and Lawrence F. Metz, Maiden’s Co-Chief Executive Officers stated: “Maiden’s rejoining the Russell 2000 index reflects the progress we have made in creating and increasing shareholder value, particularly over the last year, as we have returned to profitability... Read more of this article
Maiden Holdings Announce Q1 Financial Results
Maiden Holdings, Ltd. reported first quarter of 2021 net income of $71.7 million or $0.83 per diluted common share, compared to a net income of $20.9 million or $0.25 per diluted common share in the first quarter of 2020. The company said, “Non-GAAP operating earnings[5] were $47.3 million or $0.55 per diluted common share for the first quarter... Read more of this article
Maiden Forms Genesis Legacy Solutions
Maiden Holdings announced the formation of Genesis Legacy Solutions, saying that it ”will specialize in providing a full range of legacy services to small U.S. insurance entities, particularly those in run-off or with blocks of reserves that are no longer core, working with clients to develop and implement finality solutions including acquiring... Read more of this article
Maiden Holdings Announce Q3 Financial Results
Maiden Holdings, Ltd. reported third quarter of 2020 net income of $2.2 million or $0.03 per diluted common share, compared to a net loss of $58.3 million or $0.70 per diluted common share in the third quarter of 2019. The company said, “Non-GAAP operating loss[5] was $2.3 million or $0.03 per diluted common share for the third quarter of 2020,... Read more of this article
Maiden Holdings Announce Q2 Financial Results
Maiden Holdings, Ltd. reported second quarter 2020 net income of $9.2 million or $0.11 per diluted common share, compared to a net loss of $15.4 million or $0.19 per diluted common share in the second quarter of 2019. Non-GAAP operating earnings were $1.2 million or $0.01 per diluted common share for the second quarter of 2020, compared to a non-GAAP... Read more of this article
Maiden Regains Compliance With Nasdaq Listing
Maiden Holdings, Ltd. announced that it has received notification from Nasdaq that the Company has regained compliance with Nasdaq’s minimum bid price and is in compliance with all applicable listing requirements for continued listing. Accordingly, the Company’s common shares will continue to be listed on the Nasdaq Capital Market. Related... Read more of this article
Maiden Holdings Announce Q1 Financial Results
Maiden Holdings, Ltd. reported first quarter 2020 net income of $20.9 million or $0.25 per diluted common share, compared to a net loss of $36.6 million or $0.44 per diluted common share in the first quarter of 2019. Non-GAAP operating earnings were $3.1 million or $0.04 per diluted common share for the three months ended March 31, 2020, compared to... Read more of this article
Maiden Holdings Announce Q4 Financial Results
Maiden Holdings, Ltd. reported a fourth quarter of 2019 net loss attributable to Maiden common shareholders of $21.5 million or $0.26 per diluted common share, compared to a net loss attributable to Maiden common shareholders of $269.2 million or $3.25 per diluted common share in the fourth quarter of 2018. Non-GAAP operating loss was $3.5 million,... Read more of this article
Maiden Holdings Announce Q3 Financial Results
Maiden Holdings reported a third quarter of 2019 net loss attributable to Maiden common shareholders of $58.3 million or $0.70 per diluted common share, compared to a net loss attributable to Maiden common shareholders of $308.8 million or $3.72 per diluted common share in the third quarter of 2018. “Non-GAAP operating earnings were $39.8 million,... Read more of this article
