Company: MHLA
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001412100-25-000043
Chunk: 147

Company: Maiden Holdings, Ltd.
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 8
Chunk 147
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31, 2024Original or amortized costGross unrealized gainsGross unrealized lossesFair valueU.S. treasury bonds$84,033 $25 $— $84,058 U.S. agency bonds – mortgage-backed26,841 — (3,485)23,356 Non-U.S. government bonds38,496 39 (3)38,532 Collateralized loan obligations60,829 4 (130)60,703 Corporate bonds26,589 — (625)25,964 Total fixed maturity investments$236,788 $68 $(4,243)$232,613 The Company separately presents the accrued interest receivable balance on its AFS fixed maturity investments on the Condensed Consolidated Balance Sheets under accrued investment income. The amount of accrued interest receivable on AFS securities was $661 at March 31, 2025 (December 31, 2024: $1,088). The Company has elected the practical expedient to exclude accrued interest from both the fair value and the amortized cost basis of the AFS fixed maturity securities for the purposes of identifying and measuring any impairments under the allowance for expected credit losses standard adopted on January 1, 2023. Write-offs of accrued interest receivable balances are recognized in net investment gains and losses in the period in which they are deemed uncollectible. There was no write-off recognized on the accrued interest receivable during the three months ended March 31, 2025 and 2024.The contractual maturities of our fixed maturities are shown below. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.March 31, 2025Amortized costFair valueDue in one year or less$100,085 $100,039 Due after one year through five years16,125 15,752 Due after five years through ten years543 458 116,753 116,249 U.S. agency bonds – mortgage-backed26,045 23,108 Collateralized loan obligations63,111 63,103 Total fixed maturity investments$205,909 $202,460 

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MAIDEN HOLDINGS, LTD. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)(in thousands of