A.M. Best Comments on Credit Ratings of Maiden Holdings, Ltd.
In conjunction with the release of its second-quarter 2018 earnings, MHLD announced today that it continues to pursue various options in conjunction with its previously announced strategic review, but remains committed to maintaining a “substantial presence in the
The retirements of the company’s president and chief executive officer,
The changes in equity and reserves through the first six months of 2018 have been noted, but no rating action is required. The negative outlook, which reflected the decline in balance sheet strength in 2017, and the potential for continued deterioration in underwriting and operating trends, remains in place.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
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