A.M. Best Revises Monte Carlo Presentation Slides Pertaining to Maiden Holdings, Ltd.

By a News Reporter-Staff News Editor at Investment Weekly News -- A.M. Best has amended information pertaining to Maiden Holdings, Ltd. that was included in a presentation made during the rating agency's annual Reinsurance Market Briefing at the 2017 Rendez-Vous de Septembre.

Presentation slides depicting the five-year average combined ratio and standard deviation, and return on equity for reinsurers contained inaccurate information for Maiden Holdings, Ltd. The company's correct five-year average combined ratio is 99.5%, the standard deviation is 2% and its five-year return on equity is 7.4%. When excluding loss reserve development, the five-year return on equity is 12.1%. A.M. Best's calculation of ROE included preferred equity. A.M. Best is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com. Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED. View source version on businesswire.com: http://www.businesswire.com/news/home/20170915005621/en/

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