Company: MHLA
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001412100-25-000043
Chunk: 150

Company: Maiden Holdings, Ltd.
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 8
Chunk 150
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 did not intend to sell the securities in an unrealized loss position and it is not more likely than not that the Company will be required to sell these securities before the anticipated recovery of their amortized costs. Therefore, there was no allowance recorded for expected credit losses on AFS securities for the three months ended March 31, 2025 and 2024.

 15

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

4. Investments (continued)The following tables summarize the credit ratings of our fixed maturities as at March 31, 2025 and December 31, 2024:March 31, 2025Amortized costFair value% of Total fair valueU.S. treasury bonds$52,748 $52,747 26.1 %U.S. agency bonds – mortgage-backed26,045 23,108 11.4 %AAA77,838 77,848 38.4 %AA+, AA, AA-31,052 31,071 15.3 %A+, A, A-9,852 9,447 4.7 %BBB+, BBB, BBB-8,374 8,239 4.1 %Total fixed maturities (1)$205,909 $202,460 100.0 %December 31, 2024Amortized costFair value% of Total fair valueU.S. treasury bonds$84,033 $84,058 36.1 %U.S. agency bonds – mortgage-backed26,841 23,356 10.0 %AAA70,943 70,827 30.5 %AA+, AA, AA-29,981 29,998 12.9 %A+, A, A-12,837 12,404 5.3 %BBB+, BBB, BBB-12,153 11,970 5.2 %BB+ or lower— — — %Total fixed maturities(1)$236,788 $232,613 100.0 %(1)Ratings above are based on Standard & Poor’s ("S&P"), or equivalent, ratings.b)Other Investments, Equity Securities and Equity Method InvestmentsCertain of the Company's