secwatch.observer — SEC 8-K summary
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Issuer:     Maiden Holdings, Ltd. (MHLA)
CIK:        0001412100
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001412100-22-000034
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1412100/000141210022000034/0001412100-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1412100/000141210022000034/mhld-20220510.htm
  HTML page:      https://secwatch.observer/filing/0001412100-22-000034

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