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Maiden Holdings Announce Q2 Financial Results

Maiden Holdings Announce Q2 Financial Results

Bermuda-based Maiden Holdings, Ltd. reported a second quarter 2019 net loss attributable to Maiden common shareholders of $15.4 million or $0.19 per diluted common share, compared to a net loss attributable to Maiden common shareholders of $5.9 million or $0.07 per diluted common share in the second quarter of 2018. The non-GAAP operating loss was $22.0... Read more of this article

Maiden Q4 & Full Year 2018 Financial Results

Maiden Q4 & Full Year 2018 Financial Results

Bermuda-based Maiden Holdings reported a fourth quarter 2018 net loss attributable to Maiden common shareholders of $269.2 million or $3.25 per diluted common share, compared to a net loss attributable to Maiden common shareholders of $133.6 million or $1.59 per diluted common share in the fourth quarter of 2017. The net loss attributable to Maiden... Read more of this article

Maiden Holdings Sale Of European Automotive

Maiden Holdings Sale Of European Automotive

Bermuda-based Maiden Holdings announced “another step in its strategic review with the sale of AVS Automotive VersicherungsService GmbH [AVS] and related European subsidiaries to Allianz Partners [Allianz].” “Maiden’s proceeds from the sale include an undisclosed cash payment at closing and a three-year quota share reinsurance... Read more of this article

AM Best Downgrades Maiden Credit Ratings

AM Best Downgrades Maiden Credit Ratings

A.M. Best has downgraded the Long-Term Issuer Credit Rating [Long-Term ICR] to “bb” from “bbb-” of Maiden Holdings, Ltd. and its downstream intermediate holding company, Maiden Holdings North America, Ltd. All Long-Term Issue Credit Ratings [Long-Term IR] of MHLD and MHNA also have been downgraded. At the same time, A.M. Best has downgraded... Read more of this article

A.M. Best: Maiden Holdings Ratings Unchanged

A.M. Best: Maiden Holdings Ratings Unchanged

A.M. Best has commented that the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Rating [ICR] of “a-“ of Bermuda-based Maiden Reinsurance and Maiden Reinsurance North America, Inc., the insurance operating subsidiaries of Maiden Holdings, Ltd. [MHLD], are unchanged by the release of updated information related to the... Read more of this article

Maiden Holdings Reports 2017 Q4 Net Loss

Maiden Holdings Reports 2017 Q4 Net Loss

Bermuda-based Maiden Holdings reported a fourth quarter 2017 net loss attributable to Maiden common shareholders of $133.6 million or $1.59 per diluted common share compared to net loss attributable to Maiden common shareholders of $74.7 million or $0.87 per diluted common share in the fourth quarter of 2016. “While we are disappointed with our... Read more of this article

Maiden Holdings 2015 Q4 Net Income: $24.7M

Maiden Holdings 2015 Q4 Net Income: $24.7M

Bermuda-based Maiden Holdings Ltd.  reported fourth quarter 2015 net operating earnings of $26.4 million compared with $34.6 million in the fourth quarter of 2014. Net income attributable to Maiden common shareholders in the fourth quarter of 2015 was $24.7 million compared to net income attributable to Maiden common shareholders of $27.5 million... Read more of this article

A.M. Best Affirms Ratings Of Maiden Holdings

A.M. Best Affirms Ratings Of Maiden Holdings

Rating company A.M. Best has affirmed the financial strength rating [FSR] of A- [Excellent] and the issuer credit ratings [ICR] of “a-” of the property/casualty subsidiaries of Bermuda-based Maiden Holdings, Ltd. . Concurrently, A.M. Best has affirmed the ICR of “bbb-” of Maiden Holdings and the debt rating of “bb” on its preferred stock.... Read more of this article

Maiden Holdings Announces Q4 2014 Earnings

Maiden Holdings Announces Q4 2014 Earnings

Bermuda-based Maiden Holdings, Ltd.  reported record fourth quarter 2014 net operating earnings of $34.6 million, or $0.44 per diluted common share compared with $23.3 million, or $0.30 per diluted common share in the fourth quarter of 2013. In the fourth quarter of 2014, net income attributable to Maiden common shareholders was $27.5 million compared... Read more of this article

Maiden Holdings Announces Quarterly Earnings

Maiden Holdings Announces Quarterly Earnings

Bermuda-based Maiden Holdings, Ltd. reported record second quarter 2014 net operating earnings of $28.2 million, or $0.37 per diluted common share compared with $20.4 million, or $0.28 per diluted common share in the second quarter of 2013. In the second quarter of 2014, net income attributable to Maiden common shareholders was $25.8 million compared... Read more of this article

A.M. Best Revises Maiden’s Outlook To Positive

A.M. Best Revises Maiden’s Outlook To Positive

A.M. Best has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of the property/casualty subsidiaries of Bermuda-based Maiden Holdings, Ltd. Concurrently, A.M. Best has revised the outlook to positive from stable and affirmed the ICR of “bbb-”... Read more of this article

Maiden Holding’s John Marshaleck To Retire

Maiden Holding’s John Marshaleck To Retire

Maiden Holdings, Ltd. said that John Marshaleck, Chief Financial Officer, has decided to retire at the end of 2014 and in the interim will serve as Chief Operating Officer focusing his efforts on ensuring a smooth transition of responsibilities. Karen Schmitt, President of Maiden Reinsurance Company, the Company’s U.S. subsidiary, has been promoted... Read more of this article

Haveron Appointed Maiden Insurance President

Haveron Appointed Maiden Insurance President

Patrick Haveron has been appointed President of Maiden Insurance Company Ltd. with responsibility for the oversight, management and continued development of Maiden’s Bermuda reinsurance company. He will continue to report to Art Raschbaum, Chief Executive Officer of the Company. Mr. Haveron remains an Executive Vice President of Maiden Holdings,... Read more of this article