---
schema_version: "secwatch.filing_event.v1"
accession: "0001412100-22-000034"
form_type: "8-K"
ticker: "MHLA"
cik: "0001412100"
company_name: "Maiden Holdings, Ltd."
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:34:38.944096+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Maiden Holdings Q1 net income falls to $1.6M from $71.7M; book value per share down to $2.47

## Summary
- Net income available to common shareholders $1.6M ($0.02 per share) vs $71.7M ($0.83) in Q1 2021.
- Non-GAAP operating loss of $6.9M ($0.08 per share) vs income of $47.3M ($0.55) year-over-year.
- Underwriting loss of $1.7M, driven by $5.1M negative AmTrust cession premium adjustments.
- Book value per common share fell to $2.47 from $2.60 at Dec 31, 2021; adjusted book value $2.99.
- Genesis Legacy Solutions grew assumed liabilities to $37.1M; no common or preferred dividends authorized.

## SEC filing metadata
- accession: 0001412100-22-000034
- form_type: 8-K
- ticker: MHLA
- cik: 0001412100
- company_name: Maiden Holdings, Ltd.
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1412100/000141210022000034/0001412100-22-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1412100/000141210022000034/mhld-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001412100-22-000034
- JSON: https://secwatch.observer/filing/0001412100-22-000034.json
- Plain text: https://secwatch.observer/filing/0001412100-22-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.