Company: MHLA
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001412100-25-000043
Chunk: 4

Company: Maiden Holdings, Ltd.
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 1
Chunk 4
---
earned premiums(3,622)(4,088)Accrued expenses and other liabilities(3,340)2,182 Net cash (used in) provided by operating activities(21,126)8,049 Cash flows from investing activities:Purchases of fixed maturities (119,473)(165,478)Purchases of other investments(3,845)(8,204)Purchases of equity method investments(737)(2,849)Proceeds from sales of fixed maturities 1,788 23,835 Proceeds from maturities, paydowns and calls of fixed maturities149,463 130,876 Proceeds from sale and redemption of other investments1,933 466 Proceeds from sale and redemption of equity method investments369 1,740 Others, net(21)(122)Net cash provided by (used in) investing activities29,477 (19,736)Cash flows from financing activities:Repurchase of common shares— (673)Net cash used in financing activities— (673)Effect of exchange rate changes on foreign currency cash, restricted cash and cash equivalents 809 (148)Net increase (decrease) in cash, restricted cash and cash equivalents9,160 (12,508)Cash, restricted cash and cash equivalents, beginning of period34,735 42,678 Cash, restricted cash and cash equivalents, end of period43,895 30,170 Less: change in cash and cash equivalents held for sale(373)— Cash, restricted cash and cash equivalents, end of period, excluding held-for-sale$44,268 $30,170 Reconciliation of cash and restricted cash reported within Condensed Consolidated Balance Sheets:Cash and cash equivalents, end of period$28,706 $20,721 Restricted cash and cash equivalents, end of period15,562 9,449 Total cash, restricted cash and cash equivalents, end of period$44,268 $30,170 

See accompanying notes to the unaudited Condensed Consolidated Financial Statements.

 7

MAIDEN HOLDINGS, LTD. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)(in thousands of U.S. dollars, except share and per share data)

1. Basis of Presentation

The accompanying unaudited Condensed Consolidated Financial Statements include the accounts of Maiden Holdings, Ltd. ("Parent Company" or "