OverviewSuggest Edit

Maiden Holdings, Ltd. is a holding company with subsidiaries that provide reinsurance products and services to regional and specialty insurers. The Company's differentiated model is focused on delivering profitable results that are stable and predictable while meeting the non-catastrophic reinsurance capital needs of its clients. It seeks to build close, long-term partnerships with its clients through a value-added, customer-centric approach. Maiden has underwriting operations in both Bermuda and the United States, and business development teams in the United Kingdom, Germany and other select international markets.

TypePublic
Founded2007
HQPembroke, BM
Websitemaiden.bm

Locations

Maiden is headquartered in
Pembroke, Bermuda

Location Map

Latest Updates

Employees (est.) (Jul 2021)52
Revenue (FY, 2020)$184.1 M(-68%)
Share Price (Nov 2021)$3.2
Cybersecurity ratingAMore
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Key People/Management at Maiden

Raymond M. Neff

Raymond M. Neff

Independent Director
Steven H. Nigro

Steven H. Nigro

Vice Chairman & Lead Independent Director
Barry D. Zyskind

Barry D. Zyskind

Chairman of the Board
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Maiden Office Locations

Maiden has offices in Pembroke, City of Hamilton and Mount Laurel
Pembroke, BM (HQ)
house, 2nd floor, 94 Pitts Bay Rd
City of Hamilton, BM
1141, 48 Par-La-Ville Rd
Mount Laurel, NJ, US
6000 Midlantic Dr
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Maiden Financials and Metrics

Maiden Revenue

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View revenue for all periods
Maiden's revenue was reported to be $184.12 m in FY, 2020
USD

Revenue (Q1, 2021)

30.0m

Gross profit (Q1, 2021)

27.6m

Gross profit margin (Q1, 2021), %

92.1%

Net income (Q1, 2021)

9.3m

Market capitalization (12-Nov-2021)

275.8m

Closing stock price (12-Nov-2021)

3.2

Cash (31-Mar-2021)

78.1m

EV

715.3m
Maiden's current market capitalization is $275.8 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

188.1m81.5m139.8m108.1m89.6m45.7m67.9m200.8m48.2m74.0m

Inventories

4.7b

Goodwill

58.3m90.6m87.3m81.9m77.7m75.6m

Total Assets

3.4b4.1b4.7b5.2b5.7b6.3b6.6b5.3b3.6b2.9b
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q1, 2020Q1, 2021

Cash

198.4m146.3m183.8m58.9m66.9m103.8m89.4m131.3m72.0m70.0m52.4m168.1m57.4m117.6m85.2m127.5m67.5m83.5m246.8m182.7m73.3m72.1m94.6m89.5m60.1m78.1m

Goodwill

58.3m58.3m58.3m58.3m91.6m89.8m89.0m88.2m86.6m88.0m87.3m81.4m80.7m80.1m77.2m76.6m76.1m75.1m74.7m

Total Assets

3.3b3.3b3.7b3.8b3.9b4.4b4.4b4.4b4.9b5.0b5.1b5.5b5.7b5.8b6.1b6.3b6.5b6.6b6.8b6.8b6.8b6.7b6.5b4.6b3.3b2.7b

Short-term debt

20.9m22.0m24.0m24.9m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

28.5m50.3m102.9m101.5m124.3m48.1m(169.7m)(544.4m)(131.9m)41.8m

Depreciation and Amortization

8.6m6.3m5.2m4.8m9.7m20.3m11.8m6.2m7.8m8.7m

Cash From Operating Activities

181.3m319.1m366.2m651.6m634.3m470.1m458.5m182.3m(1.1b)(541.8m)

Purchases of PP&E

(1.5m)(341.0k)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q1, 2020Q1, 2021

Net Income

(5.0m)11.0m20.4m34.9m56.8m28.1m51.4m76.5m2.1m34.0m67.9m38.5m65.0m93.6m36.8m76.7m117.5m26.5m10.2m(44.9m)22.3m25.0m(275.2m)(36.6m)20.9m9.3m

Depreciation and Amortization

5.2m6.8m1.6m3.2m4.8m1.3m2.6m3.9m1.2m2.4m3.6m1.8m2.0m3.0m4.8m11.8m16.8m1.6m7.5m10.5m3.5m5.6m4.8m2.1m1.8m5.0m

Cash From Operating Activities

43.7m105.1m71.2m166.4m268.1m16.2m150.1m359.3m143.7m235.5m507.0m169.8m377.8m525.4m9.0m165.0m326.2m45.4m223.5m374.8m(32.1m)56.1m162.6m(331.9m)(218.5m)(102.8m)

Purchases of PP&E

(830.0k)(1.1m)(74.0k)(176.0k)(307.0k)(99.0k)
USDQ2, 2011

Financial Leverage

4.3 x
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Maiden Revenue Breakdown

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Maiden revenue breakdown by business segment: 28.9% from Diversified Reinsurance, 71.1% from AmTrust Reinsurance and 0.0% from Other

Maiden Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Maiden Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Maiden Online and Social Media Presence

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Maiden Frequently Asked Questions

  • When was Maiden founded?

    Maiden was founded in 2007.

  • Who are Maiden key executives?

    Maiden's key executives are Raymond M. Neff, Steven H. Nigro and Barry D. Zyskind.

  • How many employees does Maiden have?

    Maiden has 52 employees.

  • What is Maiden revenue?

    Latest Maiden annual revenue is $184.1 m.

  • What is Maiden revenue per employee?

    Latest Maiden revenue per employee is $3.5 m.

  • Who are Maiden competitors?

    Competitors of Maiden include Gen Re, MS&AD Insurance Group and White Mountains Insurance.

  • Where is Maiden headquarters?

    Maiden headquarters is located at house, 2nd floor, 94 Pitts Bay Rd, Pembroke.

  • Where are Maiden offices?

    Maiden has offices in Pembroke, City of Hamilton and Mount Laurel.

  • How many offices does Maiden have?

    Maiden has 3 offices.