Maiden Holdings, Ltd.MHLA
What Maiden Holdings, Ltd. does.
Maiden Holdings, Ltd. (sometimes referred to as "Maiden Holdings" or "Parent Company") is a Bermuda-based holding company. Together with its subsidiaries (collectively referred to as the "Company", "we" or "Maiden"), Maiden creates shareholder value by actively managing and allocating our assets and capital, including through ownership and management of businesses and assets primarily in the insurance and related financial services industries where we can leverage our deep knowledge of those markets.
The Company does not presently underwrite prospective reinsurance risks. During 2024, the Company entered into a series of strategic transactions that, upon completion, it expects will substantially transform its operations which are described below.
Short-term income protection business is written on a primary basis by our wholly owned subsidiaries Maiden Life Försäkrings AB ("Maiden LF") and Maiden General Försäkrings AB ("Maiden GF") in the Scandinavian and Northern European markets. Our wholly owned subsidiary, Maiden Global Holdings Ltd. (“Maiden Global”) is a licensed intermediary in the United Kingdom. Maiden Global had previously operated internationally by providing branded auto and credit life insurance products through insurer partners, particularly those in Europe and other global markets ("IIS business"). These products also produced reinsurance programs which were underwritten by our wholly owned subsidiary Maiden Reinsurance Ltd. (“Maiden Reinsurance”).
Revenue and profit, by fiscal year.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | $576.1M | $184.1M | $98.7M | $58.1M | $89.2M | $56.4M |
| Net income | -$131.9M | $41.8M | $26.6M | -$60.0M | -$38.6M | -$201.0M |
| Free cash flow | — | — | — | — | — | — |
More on MHLA.
- Maiden Holdings, Ltd. summary
- Maiden Holdings, Ltd. financial statements
- Maiden Holdings, Ltd. key metrics
- Maiden Holdings, Ltd. health scores and style box
- Maiden Holdings, Ltd. earnings
- Maiden Holdings, Ltd. dividends
- Maiden Holdings, Ltd. valuation
- Maiden Holdings, Ltd. ownership and insiders
- Maiden Holdings, Ltd. peers
Figures from Maiden Holdings, Ltd.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.