Company: MHLA
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001412100-25-000043
Chunk: 13

Company: Maiden Holdings, Ltd.
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 1
Chunk 13
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 ended March 31, 2025 and 2024 are detailed below: For the Three Months Ended March 31,20252024Net premiums earnedTotalTotalDiversified ReinsuranceInternational$5,000 $8,991 Total Diversified Reinsurance5,000 8,991 AmTrust ReinsuranceSmall Commercial Business(259)(492)Specialty Program— (15)Specialty Risk and Extended Warranty2,943 3,924 Total AmTrust Reinsurance2,684 3,417 Total Net Premiums Earned$7,684 $12,408 

 13

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

4. Investments

The Company holds: (i) available-for-sale ("AFS") portfolios of fixed maturity and equity securities, carried at fair value; (ii) other investments, of which certain investments are carried at fair value and investments in direct lending entities are carried at cost less impairment; (iii) equity method investments; and (iv) funds held - directly managed.a)Fixed MaturitiesThe amortized cost, gross unrealized gains and losses, and fair value of fixed maturities at March 31, 2025 and December 31, 2024 are as follows: March 31, 2025Original or amortized costGross unrealized gainsGross unrealized lossesFair valueU.S. treasury bonds$52,748 $— $(1)$52,747 U.S. agency bonds – mortgage-backed26,045 — (2,937)23,108 Non-U.S. government bonds45,779 38 (1)45,816 Collateralized loan obligations63,111 40 (48)63,103 Corporate bonds18,226 — (540)17,686 Total fixed maturity investments$205,909 $78 $(3,527)$202,460 December 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