Maiden Holdings: Fourth Quarter Earnings Overview

Maiden Holdings Ltd. Announces Fourth Quarter Financial Results

Based in Hamilton, Bermuda, Maiden Holdings Ltd. reported a net loss of $17.8 million for the fourth quarter.

The company indicated that this equates to a loss of $2.29 per share. After adjusting for one-time expenses and discontinued operations, the loss was $1.06 per share.

During the quarter, the reinsurance group generated $10.2 million in revenue, with adjusted revenue totaling $9.8 million.

Looking at the full year, Maiden Holdings Ltd. achieved a net profit of $46.7 million, or $8.08 per share, with annual revenue reaching $27.1 million.