---
schema_version: "secwatch.filing_event.v1"
accession: "0001412100-24-000046"
form_type: "8-K"
ticker: "MHLA"
cik: "0001412100"
company_name: "Maiden Holdings, Ltd."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:21:47.434870+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Maiden Holdings Q1 net income $1.5M vs loss; renewal rights deal with AmTrust Nordic

## Summary
- Net income of $1.5M ($0.01/share) vs net loss of $11.3M in Q1 2023; adjusted non-GAAP earnings $4.4M ($0.04/share).
- Adjusted book value per share rose to $3.24 at Mar 31 from $2.48 at Dec 31; deferred gain on LPT/ADC $75.9M.
- Investment results increased to $17.1M from $10.5M, driven by $8.8M net realized/unrealized gains, mostly private equity.
- Entered renewal rights transaction with AmTrust Nordic AB for majority of Nordic primary business; expects to reduce annual expenses by up to $6M.
- Repurchased 590,995 shares at avg $2.01; $70.4M remaining under $100M buyback plan as of May 8, 2024.

## SEC filing metadata
- accession: 0001412100-24-000046
- form_type: 8-K
- ticker: MHLA
- cik: 0001412100
- company_name: Maiden Holdings, Ltd.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1412100/000141210024000046/0001412100-24-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1412100/000141210024000046/mhld-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001412100-24-000046
- JSON: https://secwatch.observer/filing/0001412100-24-000046.json
- Plain text: https://secwatch.observer/filing/0001412100-24-000046.txt

## Key facts
- Earnings Releases
  Maiden Holdings, Ltd. reported financial results for the three months ended March 31, 2024.
  - Period: the three months ended March 31, 2024
  - Result: reported results
  source text: On May 9, 2024, the Company issued a press release announcing its results of operations for the three months ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1412100/000141210024000046/0001412100-24-000046-index.htm

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