secwatch.observer — SEC 8-K summary
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Issuer:     Maiden Holdings, Ltd. (MHLA)
CIK:        0001412100
Form:       8-K
Filed at:   2022-03-15T23:59:59+00:00
Accession:  0001412100-22-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maiden Holdings reports Q4 net income $16.2M, FY 2021 net income $117.6M; book value per share up 66% to $2.60
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- Q4 net income $16.2M ($0.19/diluted) vs $47.7M ($0.56) in Q4 2020; FY net income $117.6M vs $80.0M in 2020.
- Book value per common share $2.60 at Dec 31, 2021, up from $1.57 a year earlier; adjusted book value $3.18.
- Preference share repurchases generated $91.0M gain in 2021; remaining authorization $10.9M; subsequent repurchases expected to add $3.3M gain in Q1 2022.
- Genesis Legacy Solutions completed first loss portfolio transfer; reserves $14.8M as of Dec 31, 2021.
- Net operating loss carryforwards $230.2M; deferred tax asset $90.1M remains fully reserved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1412100/000141210022000013/0001412100-22-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1412100/000141210022000013/mhld-20220314.htm
  HTML page:      https://secwatch.observer/filing/0001412100-22-000013

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