---
schema_version: "secwatch.filing_event.v1"
accession: "0001412100-22-000073"
form_type: "8-K"
ticker: "MHLA"
cik: "0001412100"
company_name: "Maiden Holdings, Ltd."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:02:38.156689+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Maiden reports Q3 net loss $8.2M; announces preference share exchange

## Summary
- Net loss $8.2M ($0.09 per share) vs net income $2.9M ($0.03) in Q3 2021; underwriting loss $12.6M.
- Exchange all outstanding preference shares for 3 common shares each; closes by Dec 31, 2022; adds ~$0.82 to book value.
- Book value per share $2.38 at Sep 30, 2022 (adjusted $2.79); unrealized losses on fixed income $0.17 per share.
- Commutated French Hospital Liability reserves with AmTrust for $31.3M; exit cost $3.7M.
- Non-GAAP operating loss $21.1M ($0.24) vs loss $3.1M ($0.04) year ago.

## SEC filing metadata
- accession: 0001412100-22-000073
- form_type: 8-K
- ticker: MHLA
- cik: 0001412100
- company_name: Maiden Holdings, Ltd.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1412100/000141210022000073/0001412100-22-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1412100/000141210022000073/mhld-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001412100-22-000073
- JSON: https://secwatch.observer/filing/0001412100-22-000073.json
- Plain text: https://secwatch.observer/filing/0001412100-22-000073.txt

## Key facts
- Earnings Releases
  Maiden Holdings, Ltd. reported financial results for three and nine months ended September 30, 2022.
  - Period: three and nine months ended September 30, 2022
  - Result: reported results
  source text: On November 9, 2022, the Company issued a press release announcing its results of operations for the three and nine months ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1412100/000141210022000073/0001412100-22-000073-index.htm

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