Maiden Holdings, Ltd. 6.625 NT 2046 (MHLA)
Mount Laurel, NJ, US
Maiden Holdings Ltd. offers personalized reinsurance services and products, specifically excluding high-impact catastrophic events, to insurance companies ranging from small to medium in size. The firm's operations are divided into two main segments: Diversified Reinsurance and AmTrust Reinsurance. The Diversified Reinsurance division oversees a collection of property and casualty reinsurance contracts. In contrast, the AmTrust Reinsurance segment covers business that AmTrust has transferred to Maiden Bermuda. Maiden Holdings was established in 2007 and its corporate headquarters are situated in Hamilton, Bermuda.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -9.36% | -11.92% | -9.07% | -12.06% | -23.55% | -13.62% | -23.61% | -29.81% | -48.79% | -55.06% | -54.44% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
-
Revenue growth Insurance - Property & Casualty: +14.1%-36.8% Q1'25: -51.4% (vs Q1'24)
-
EPS growth Insurance - Property & Casualty: +27.5%-429.0% Q1'25: -725.0% (vs Q1'24)
-
FCF margin FCF growth · Insurance - Property & Casualty: +25.6%+264.8% Q1'25: -150.4% (vs Q1'24)
-
EBIT margin Insurance - Property & Casualty: +16.3%-320.1% Q1'25: -27.2% (vs Q1'24)
-
ROIC Insurance - Property & Casualty: +7.9%-68.1% Q1'25: -6.2% (vs Q1'24)
-
Share dilution Insurance - Property & Casualty: +0.4%-1.5% ★ Q1'25: -1.3% (vs Q1'24)
-
Debt / EBITDA Net debt/EBITDA · Insurance - Property & Casualty: -0.10×— Q1'25: -16.70× (vs Q1'24)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2022 actual |
|---|---|
| Revenue |
58.13M
est: 58.13M (+0.0%)
|
| EBITDA |
104.99M
|
| EBIT |
54.37M
|
| Net Income |
-60.04M
|
| SGA |
30.95M
est: 52.70M (-41.3%)
|
| EPS |
0.63
|
Owner Earnings
Ownership Overview
| # | Reporting person | Amount owned | % of class | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Type | Citizenship | Filing date | SEC filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Maiden Holdings Ltd. | 41.44M | 29.00% | — | 13.58M | — | 11.00 | HC, CO | — | 2023-01-06 | ↗ |
| 2 | Maiden Holdings North America, Ltd. | 41.44M | 29.00% | — | 13.58M | — | 11.00 | HC, CO | — | 2023-01-06 | ↗ |
| 3 | Maiden Reinsurance Ltd. | 41.44M | 29.00% | — | 13.58M | — | 11.00 | IC, CO | — | 2023-01-06 | ↗ |
| 4 | Paul Richard Ray III | 7.98M | 9.23% | 145.6K | — | 7.98M | — | HC, IN | United States of America | 2022-02-14 | ↗ |
| 5 | Brian Michael Phillips | 7.84M | 9.07% | 8.8K | — | 7.84M | — | HC, IN | United States of America | 2022-02-14 | ↗ |
| 6 | Phillips Ray Capital Management, Inc. | 7.83M | 9.06% | — | — | 7.83M | — | IA, CO | Texas | 2022-02-14 | ↗ |
| 7 | Thomas Bruce Akin | 5.96M | 6.85% | 5.96M | 10.13M | 5.96M | 10.13M | IN | United States of America | 2022-06-06 | ↗ |
| 8 | (1)Names of reporting persons. BlackRock, Inc. | 5.93M | 5.90% | — | — | 5.93M | — | HC | Delaware | 2024-10-24 | ↗ |
| 9 | BlackRock, Inc. | 5.93M | 5.90% | 5.84M | — | 5.93M | — | HC | Delaware | 2024-11-08 | ↗ |
| 10 | (. | 5.41M | 6.51% | 5.19M | — | 5.41M | — | IA | Delaware | 2020-02-12 | ↗ |
| 11 | 683 Capital GP, LLC | 4.42M | 5.08% | — | — | — | 4.42M | OO | Delaware | 2022-07-18 | ↗ |
| 12 | 683 Capital Management, LLC | 4.42M | 5.08% | — | — | — | 4.42M | IA | Delaware | 2022-07-18 | ↗ |
| 13 | 683 Capital Partners, LP | 4.42M | 5.08% | — | — | — | 4.42M | PN | Delaware | 2022-07-18 | ↗ |
| 14 | Ari Zweiman | 4.42M | 5.08% | — | — | — | 4.42M | IN | Delaware | 2022-07-18 | ↗ |
| 15 | CATALINA HOLDINGS (BERMUDA) LTD. | 4.24M | 4.93% | 4.24M | — | 4.24M | — | CO | — | 2020-08-14 | ↗ |
| 16 | 30-0447847 | 4.09M | 4.80% | 3.90M | — | 4.09M | — | IA | Delaware Limited Partnership | 2021-02-12 | ↗ |
| 17 | 91-1804621 | 3.32M | 3.81% | 3.32M | — | 3.32M | — | PN | United States of America | 2022-06-06 | ↗ |
| 18 | 68-0393122 | 676.0K | 0.78% | 676.0K | — | 676.0K | — | EP | United States of America | 2022-06-06 | ↗ |
| 19 | James H. Akin Trust | 85.0K | 0.10% | 85.0K | — | 85.0K | — | IN | United States of America | 2022-06-06 | ↗ |
| 20 | 81-4714847 | 59.4K | 0.07% | 59.4K | — | 59.4K | — | EP | United States of America | 2022-06-06 | ↗ |
| 21 | Karen Hochster Akin | 25.0K | 0.03% | 25.0K | — | 25.0K | — | IN | United States of America | 2022-06-06 | ↗ |
Institutional Activity (13F)
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | FNY INVESTMENT ADVISERS, LLC | 27.3K +2.9K (+11.9%) | 355.0K -14.0K (-3.8%) | 0.03% +0.003 pp | 0.10% -0.018 pp | USD15.49 -16.1% | 28 qtrs — |
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares Preferred and Income Securities ETF PFF | 0.02% | 3.09M | 0.45% |
| 2 | iShares Morningstar Multi-Asset Income ETF IYLD | 0.00% | 4.2K | 0.50% |
Insider Activity
| Date | Person | Role | Transaction | A/D | Security | Shares | Price | Value | Owned after | D/I | Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-12-31 | NEUBERGER YEHUDA | Director | S-Sale | D | Common Shares | 277,000 | 2.29 | 634.3K | 0 | — | ↗ |
| 2023-09-26 | Thomas Keith A | Director | S-Sale | D | Common Shares | 26,315 | 1.90 | 50.0K | 73,839 | — | ↗ |
| 2023-06-01 | Thomas Keith A | Director | A-Award | A | Restricted Common Shares | 31,862 | 0.00 | — | 31,862 | — | ↗ |
| 2023-06-01 | NIGRO STEVEN HAROLD | Director | A-Award | A | Restricted Common Shares | 36,764 | 0.00 | — | 36,764 | — | ↗ |
| 2023-06-01 | NEFF RAYMOND MICHAEL | Director | A-Award | A | Restricted Common Shares | 31,862 | 0.00 | — | 31,862 | — | ↗ |
| 2023-06-01 | LYONS SIMCHA G | Director | A-Award | A | Restricted Common Shares | 31,862 | 0.00 | — | 31,862 | — | ↗ |
| 2023-06-01 | Blanchard Holly Lynn | Director | A-Award | A | Restricted Common Shares | 31,862 | 0.00 | — | 31,862 | — | ↗ |
| 2023-05-17 | Haveron Patrick J | Officer | A-Award | A | Common Shares | 10,000 | 2.01 | 20.1K | 2,165,803 | — | ↗ |
| 2023-05-03 | Heintzman Mark O | Officer | — | D | Restricted Common Shares | 0 | 0.00 | — | 65,217 | — | ↗ |
| 2023-03-31 | Jarman William | Officer | A-Award | A | Common Shares | 43,859 | 0.00 | — | 131,074 | — | ↗ |
| 2023-03-21 | Jarman William | Officer | A-Award | A | Restricted Common Shares | 76,086 | 0.00 | — | 198,376 | — | ↗ |
| 2023-03-17 | METZ LAWRENCE F. | Officer | A-Award | A | Common Shares | 112,745 | 0.00 | — | 1,669,444 | — | ↗ |
| 2023-03-17 | Haveron Patrick J | Officer | A-Award | A | Common Shares | 112,745 | 0.00 | — | 2,197,519 | — | ↗ |
| 2022-12-27 | NEFF RAYMOND MICHAEL | Director | A-Award | A | Common Shares | 34,440 | 0.00 | — | 585,571 | — | ↗ |
| 2022-12-27 | Maiden Reinsurance Ltd | Director | — | D | Common Shares | 0 | 0.00 | — | 41,439,348 | — | ↗ |
| 2008-11-01 | Caviet Max G | — | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
Executive team
Executive team data is not available for this company yet.
Executive compensation
| # | Year | Executive | Salary | Bonus | Stock award | Option award | Incentive | Other | Total | % Stock- based |
Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2008 | Arturo M. Raschbaum, President and Chief Executive Officer | 134.6K | — | — | 9.2K | — | 1.01M | 1.15M | 0.80% | ↗ |
| 2 | 2008 | Ben Turin, former Chief Operating Officer, General Counsel and Secretary | 301.0K | 25.0K | — | 103.5K | — | 129.9K | 559.4K | 18.50% | ↗ |
| 3 | 2008 | James A. Bolz, Senior Vice President — Underwriting of Maiden Insurance | 250.0K | 50.0K | — | 44.1K | — | 96.6K | 440.7K | 10.00% | ↗ |
| 4 | 2008 | Michael J. Tait, Chief Financial Officer | 200.0K | 80.0K | — | 44.3K | — | 7.4K | 331.7K | 13.36% | ↗ |
| 5 | 2008 | Max G. Caviet, former President and Chief Executive Officer | — | — | — | 316.5K | — | — | 316.5K | 100.00% | ↗ |
| 6 | 2008 | John Marshaleck, Chief Operating Officer and Secretary | 92.3K | 52.4K | — | 688.00 | — | 3.4K | 148.8K | 0.46% | ↗ |
| 7 | 2007 | Ben Turin, former Chief Operating Officer, General Counsel and Secretary | 137.5K | 100.0K | — | 38.0K | — | 49.2K | 324.7K | 11.71% | ↗ |
| 8 | 2007 | Max G. Caviet, former President and Chief Executive Officer | — | — | — | 152.1K | — | — | 152.1K | 100.00% | ↗ |
| 9 | 2007 | Michael J. Tait, Chief Financial Officer | 30.4K | 37.5K | — | 6.6K | — | — | 74.5K | 8.90% | ↗ |
| 10 | 2007 | James A. Bolz, Senior Vice President — Underwriting of Maiden Insurance | 43.0K | 8.6K | — | 8.3K | — | 14.4K | 74.4K | 11.18% | ↗ |
Proxy statements
| Filing date | Form type | Filing |
|---|---|---|
| 2024-03-27 | DEF 14A | ↗ |
Recent SEC filings
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for MHLA
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
