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Maiden Holdings Ltd (MHLD.OQ)

MHLD.OQ on NASDAQ Stock Exchange Global Select Market

2.23USD
7 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Maiden Holdings Q3 Loss Per Share $3.72
Friday, 9 Nov 2018 

Maiden Holdings Ltd ::MAIDEN HOLDINGS, LTD. ANNOUNCES THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 NON-GAAP OPERATING LOSS PER SHARE $2.83.Q3 LOSS PER SHARE $3.72.BOOK VALUE PER COMMON SHARE WAS $3.71 AT SEPTEMBER 30, 2018.ANTICIPATE IMPROVED OUTLOOK FOR MAIDEN AS 2018 HEADS TO ITS FINAL QUARTER AND INTO 2019.IN Q3 OF 2018, GROSS PREMIUMS WRITTEN INCREASED TO $484.5 MILLION FROM $443.0 MILLION.  Full Article

Enstar To Buy Maiden’S North American Diversified Reinsurance Business
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Enstar Group Ltd ::ENSTAR TO ACQUIRE MAIDEN’S NORTH AMERICAN DIVERSIFIED REINSURANCE BUSINESS.ENSTAR GROUP LTD - NET CONSIDERATION PAYABLE IN TRANSACTIONS IS $307.5 MILLION.ENSTAR GROUP LTD - NET CONSIDERATION PAYABLE IN TRANSACTIONS IS $307.5 MILLION.ENSTAR GROUP LTD - WILL ASSUME ABOUT $1.3 BILLION OF NET LOSS AND LOSS ADJUSTMENT EXPENSE RESERVES AND UNEARNED PREMIUM RESERVES UPON CLOSING.ENSTAR GROUP LTD - EXPECTS TO FINANCE PURCHASE PRICE THROUGH COMBINATION OF CASH ON HAND & BORROWINGS UNDER REVOLVING CREDIT FACILITY.ENSTAR GROUP LTD - ENSTAR WILL OPERATE ACQUIRED BUSINESS IN RUN-OFF.  Full Article

Transre Says It Acquired Exclusive Renewal Quotation Rights To All Of Maiden Re's U.S. Treaty Customers
Thursday, 30 Aug 2018 

Aug 29 (Reuters) - Maiden Holdings Ltd ::TRANSRE SAYS IT ACQUIRED EXCLUSIVE RENEWAL QUOTATION RIGHTS TO ALL OF MAIDEN RE'S U.S. TREATY CUSTOMERS AND HAS HIRED U.S. TREATY TEAM FROM MAIDEN RE.  Full Article

Maiden Holdings Announces Sale Of U.S. Treaty Reinsurance Renewal Rights To Transre And Update On Strategic Review
Thursday, 30 Aug 2018 

Aug 29 (Reuters) - Maiden Holdings Ltd ::MAIDEN HOLDINGS ANNOUNCES SALE OF U.S. TREATY REINSURANCE RENEWAL RIGHTS TO TRANSRE AND UPDATE ON STRATEGIC REVIEW.CO IN ADVANCED DISCUSSIONS REGARDING SALE OF ITS UNIT MAIDEN REINSURANCE NORTH AMERICA TO A THIRD PARTY.POTENTIAL SALE OF MAIDEN REINSURANCE NORTH AMERICA WOULD COVER ABOUT $1.1 BILLION OF LOSS AND LAE RESERVES AS OF JUNE 30.  Full Article

Maiden Holdings posts Q3 loss of $0.74/share
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Maiden Holdings Ltd :Maiden holdings, ltd. Announces third quarter 2017 financial results.Q3 non-GAAP operating loss per share $0.66.Q3 earnings per share view $0.09 -- Thomson Reuters I/B/E/S.Q3 loss per share $0.74.Qtrly total revenues$703 million versus $738.2 million ‍​.Net premiums written totaled $617.3 million in q3 of 2017, a decrease of 10.6%​.Qtrly ‍net premiums earned were $653.9 million, a decrease of 6.4%​.  Full Article

Maiden Holdings says Q4 2016 results will include a reserve charge of about $120 mln
Tuesday, 14 Feb 2017 

Maiden Holdings Ltd : Maiden holdings announces fourth quarter 2016 loss reserve strengthening primarily focused on commercial auto business . Q4 2016 results will include a reserve charge of approximately $120 million . Q4 reserve charge relative to company's projected december 31, 2016 reserve balance of approximately $2.9 billion. . Still expects to report a modest level of operating and net income for full year .Maiden does not anticipate any change to its quarterly dividend policy.  Full Article