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Stock Market & Financial Investment News

News For MHLD From The Last 14 Days
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June 26, 2015
10:09 EDTMHLDMaiden Holdings announces proposed sale of inactive Maiden Specialty Insurance
Maiden Holdings, Ltd. announced the execution of an agreement to sell its currently inactive wholly-owned subsidiary, Maiden Specialty Insurance Company to Clear Blue Financial Holdings, LLC. The proceeds from this deal are not material to Maiden's operations. This transaction has no impact on the A.M. Best A- financial strength ratings of Maiden, Maiden Reinsurance North America, Ltd. or Maiden Reinsurance Ltd. However, as a result of the proposed sale, A.M. Best has placed the A- financial strength rating of the company's inactive "shell" subsidiary, Maiden Specialty, under review with negative implications.

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