Lawrence Metz
Lawrence Metz’s title changed from Executive Vice Chairman and Group President to President
Highest-materiality recent filing
Maiden shareholders receive 0.05 of a Kestrel Group share per share; Maiden shares cease trading on Nasdaq May 27.
Maiden Holdings Q1 net loss $8.6M; shareholder-approved Kestrel deal targets Q2 close
Net loss of $8.6M ($0.09 diluted EPS) vs net income of $1.5M in Q1 2024.
Shareholders approve combination with Kestrel Group; closing expected Q2 2025
All six proposals approved, including merger agreement and removal of 9.5% voting limitation.
Maiden Holdings faces shareholder lawsuits over Kestrel merger; supplements proxy
Two shareholder complaints filed in NY state court alleging misleading proxy for Kestrel merger; special meeting April 29.
Maiden Holdings receives Nasdaq bid price deficiency notice; 180-day compliance period
Received Nasdaq letter on April 2, 2025 for bid price below $1.00 for 30 consecutive business days.
Maiden Holdings amends Kestrel merger; exchange ratio cut to 0.05 per share
Each Maiden share converts to 0.05 Bermuda NewCo share (down from 1:1).
Maiden Holdings reports Q4 net loss $158M ($1.59/share); book value falls 81.5%
Net loss of $158.0M ($1.59 diluted EPS) vs $20.8M loss in Q4 2023; underwriting loss $161.3M.
Maiden Holdings and Kestrel Group amend agreement; extend S-4 filing deadline to March 7, 2025
Amendment filed Feb 17, 2025 extends deadline for filing S-4 registration statement to March 7, 2025.
Lawsuit claims Maiden's 7.75% Notes due immediately after reinsurance sale
WUSO Holding Corporation and 683 Capital Partners filed suit in NY Supreme Court on Dec 26, 2024.
Maiden Holdings to combine with Kestrel Group; expects up to $150M Q4 charge
Maiden shareholders to receive 1 share of new Bermuda NewCo per share; Kestrel equityholders get $40M cash + 55M shares + contingent consideration.
Maiden Holdings to sell Swedish subsidiaries Maiden General and Maiden Life in all-cash deal
Sold Maiden General and Maiden Life to a London-based group of international insurance/reinsurance companies.
Maiden Holdings reports Q3 net loss of $34.5M; book value per share down 15.7%
Net loss $34.5M ($0.35 diluted EPS) vs $3.5M loss in Q3 2023; adjusted operating loss $18.7M.
Maiden Holdings to release Q3 2024 earnings on Nov 12, 2024
Earnings release scheduled before market open on November 12, 2024.
Maiden Holdings Q2 2024 net loss $10.0M; book value per share down 4% to $2.38
Net loss attributable to common shareholders $10.0M ($0.10 diluted EPS); adjusted non-GAAP operating loss $7.7M ($0.08 diluted EPS).
Maiden Holdings to release Q2 2024 earnings on August 8, 2024
Press release announced that Q2 2024 financial results will be released after market close on August 8, 2024.
Maiden Holdings Q1 net income $1.5M vs loss; renewal rights deal with AmTrust Nordic
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).
Maiden Holdings to release Q1 2024 earnings on May 9 after market close
Results will be posted to its website with public notice after market close on May 9, 2024.
Maiden Holdings Q4 net loss $20.8M; adj book value rises to $3.19
Net loss $20.8M ($0.21/diluted share) for Q4; full-year net loss $38.6M.
Maiden Holdings schedules Q4 2023 earnings release for March 12, 2024
Company will release Q4 and full-year 2023 results after market close on Tuesday, March 12, 2024.
Maiden Holdings wins summary judgment in securities class action over loss reserves
U.S. District Court for District of New Jersey granted summary judgment to Maiden and three individual defendants.
Maiden Holdings Q3 net loss narrows to $3.5M; adverse development persists
Net loss of $3.5M ($0.03 per share) in Q3 2023, improved from $8.2M loss ($0.09) in Q3 2022.
Maiden Holdings sets Q3 2023 earnings release for Nov 8, 2023
Press release issued Nov 2, 2023 announcing earnings report date.
Maiden Holdings Q2 net loss $2.9M; adjusted book value $3.22; net investment income up 37%
Net loss $2.9M ($0.03 EPS) vs net income $25.8M ($0.29 EPS) in Q2 2022; prior year included $24.7M gain from preference share repurchases.
Maiden Holdings schedules Q2 2023 earnings release for August 8
Announces plan to release Q2 2023 financial results after market close on August 8, 2023.
Maiden Holdings wins whistleblower retaliation case; DOL board affirms denial of Turin complaint
DOL Administrative Review Board affirmed earlier denial of whistleblower claim by former COO Bentzion S. Turin.
Maiden Holdings to rejoin Russell 3000 Index effective June 26, 2023
MHLD set to rejoin Russell 3000 Index after market open on June 26, 2023.
Maiden posts Q1 net loss $11.3M; names Haveron sole CEO; board OKs $100M note buyback
Net loss $0.11/diluted share vs net income $0.02 in Q1 2022; non-GAAP operating loss $0.08/share unchanged.
Maiden Holdings to report Q1 2023 earnings on May 9, 2023 after market close
Earnings release scheduled for Tuesday, May 9, 2023 after market close.
Net income attributable to common shareholders was $36.2 million for Q4 2022, compared to $16.2 million in Q4 2021.
Maiden completes conversion of all series A, C, D preference shares into common shares
Conversion completed on December 27, 2022; each preference share exchanged for 3 common shares.
Maiden Holdings to convert all outstanding preference shares into common shares on Dec 27, 2022
Conversion of 8.25% Series A, 7.125% Series C, and 6.700% Series D non-cumulative preference shares.
Maiden Holdings reports Sept 30 pro forma book value $3.20 after preference share exchange
Pro forma book value per common share at Sept 30, 2022: $3.20, reflecting planned preference shares for common shares exchange.
Maiden to exchange all preference shares for common at 3:1 ratio; book value per share up ~$0.82
Exchange of Series A, C, D preference shares for 3 common shares each; requires 2/3 vote of each series.
Maiden reports Q3 net loss $8.2M; announces preference share exchange
Net loss $8.2M ($0.09 per share) vs net income $2.9M ($0.03) in Q3 2021; underwriting loss $12.6M.
Maiden Holdings to release Q3 2022 earnings before market open on Nov 9
Press release issued Nov 1, 2022 announces earnings release date.
Maiden Q2 net income $25.8M ($0.29 EPS); book value $2.62, up from $2.60
Net income available to common shareholders $25.8M ($0.29 diluted EPS) vs $26.8M ($0.31) in Q2 2021.
Maiden Holdings sets Q2 2022 earnings release for August 9, 2022
Earnings will be released before market open on Tuesday, August 9, 2022.
Maiden Holdings Q1 net income falls to $1.6M from $71.7M; book value per share down to $2.47
Net income available to common shareholders $1.6M ($0.02 per share) vs $71.7M ($0.83) in Q1 2021.
Maiden Holdings announces Q1 2022 earnings release date of May 10
Earnings release scheduled before market open on May 10, 2022.
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.
Maiden Holdings announces Q4 2021 earnings release date of March 14, 2022
Maiden plans to release Q4 2021 earnings after market close on March 14, 2022.
Maiden Holdings Q3 net income $2.9M; book value $2.50 per share
Net income $2.9M ($0.03 diluted EPS); non-GAAP operating loss $3.1M ($0.04 diluted).
Maiden Holdings schedules Q3 2021 earnings release for Nov 9, 2021
Press release dated Nov 2, 2021 announces earnings release date only; no results included.
Maiden Holdings wins whistleblower retaliation suit; former executive's claim denied
Administrative Law Judge denied Bentzion S. Turin's complaint in full on Sept. 2, 2021.
Maiden Holdings Q2 2021 net income $26.8M ($0.31/sh) vs $9.2M; book value $2.58
GAAP net income of $26.8M ($0.31 diluted EPS) in Q2 2021, up from $9.2M ($0.11) in Q2 2020.
Maiden Holdings announces Q2 2021 earnings release date of August 9
Will release Q2 2021 results after market close on Monday, August 9, 2021.
Lawrence Metz’s title changed from Executive Vice Chairman and Group President to President
In connection with the Transactions, on the Closing Date, Holly Blanchard, Simcha Lyons, Raymond Neff, Yehuda Neuberger, Steven Nigro, Keith Thomas and Barry Zyskind resigned from Maiden’s board of directors, effective upon consummation of the Transactions.
In connection with the Transactions, on the Closing Date, Holly Blanchard, Simcha Lyons, Raymond Neff, Yehuda Neuberger, Steven Nigro, Keith Thomas and Barry Zyskind resigned from Maiden’s board of directors, effective upon consummation of the Transactions.
In connection with the Transactions, on the Closing Date, Holly Blanchard, Simcha Lyons, Raymond Neff, Yehuda Neuberger, Steven Nigro, Keith Thomas and Barry Zyskind resigned from Maiden’s board of directors, effective upon consummation of the Transactions.
Rod Newcomer was appointed Chief Risk Officer and Secretary
Terry Ledbetter, Bradford Luke Ledbetter (“Luke Ledbetter”) and Rod Newcomer were appointed to Maiden’s board of directors.
In connection with the Transactions, on the Closing Date, Holly Blanchard, Simcha Lyons, Raymond Neff, Yehuda Neuberger, Steven Nigro, Keith Thomas and Barry Zyskind resigned from Maiden’s board of directors, effective upon consummation of the Transactions.
Terry Ledbetter, Bradford Luke Ledbetter (“Luke Ledbetter”) and Rod Newcomer were appointed to Maiden’s board of directors.
Luke Ledbetter was appointed Chief Executive Officer, Rod Newcomer was appointed Chief Risk Officer and Secretary and Terry Ledbetter was named Executive Chairman.
William Jarman’s title changed from Chief Actuary and Chief Risk Officer to Senior Vice President and Chief Actuary
In connection with the Transactions, on the Closing Date, Holly Blanchard, Simcha Lyons, Raymond Neff, Yehuda Neuberger, Steven Nigro, Keith Thomas and Barry Zyskind resigned from Maiden’s board of directors, effective upon consummation of the Transactions.
Patrick Haveron’s title changed from Chief Executive Officer and Chief Financial Officer to Chief Financial Officer
Max materiality 0.85 · Median 0.65 · Most common event earnings