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Stock impact report

Maiden Holdings, Ltd. Announces Renewal Rights Transaction for International Primary Business [Yahoo! Finance]

Maiden Holdings, Ltd. (MHLD) 
Last maiden holdings, ltd. earnings: 2/27 07:36 pm Check Earnings Report
US:NASDAQ Investor Relations: maiden.bm/investor_relations
Company Research Source: Yahoo! Finance
transaction with AmTrust Nordic AB, a Swedish unit of AmTrust Financial Services, Inc. ("AmTrust"). The transaction is expected to cover the majority of its primary business written through its Swedish subsidiaries, Maiden General Försäkrings ("Maiden GF") and Maiden Life Försäkrings ("Maiden LF") in Sweden, Norway and other Nordic countries. Maiden also reported that it anticipates entering into additional renewal rights agreements with other AmTrust entities for certain business written by Maiden GF and Maiden LF in the United Kingdom and Ireland. Under these agreements, AmTrust Nordic AB in collaboration with existing Maiden GF and Maiden LF distribution partners, will offer renewals to select policyholders in exchange for a fee at standard market terms for business successfully renewed. Maiden reported that these transactions were part of a broader plan to divest its International Insurance Services ("IIS") businesses as a result of its recently concluded and previously report Show less Read more
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