A.M. Best Revises Monte Carlo Presentation Slides Pertaining to Maiden Holdings, Ltd.

OLDWICK, N.J.--()--A.M. Best has amended information pertaining to Maiden Holdings, Ltd. that was included in a presentation made during the rating agency’s annual Reinsurance Market Briefing at the 2017 Rendez-Vous de Septembre.

Presentation slides depicting the five-year average combined ratio and standard deviation, and return on equity for reinsurers contained inaccurate information for Maiden Holdings, Ltd. The company’s correct five-year average combined ratio is 99.5%, the standard deviation is 2% and its five-year return on equity is 7.4%. When excluding loss reserve development, the five-year return on equity is 12.1%. A.M. Best’s calculation of ROE included preferred equity.

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Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.

Contacts

A.M. Best
Robert DeRose, +1 908 439 2200, ext. 5453
Senior Director
robert.derose@ambest.com
or
Greg Reisner, +1 908 439 2200, ext. 5224
Director
greg.reisner@ambest.com
or
Scott Mangan, +1 908 439 2200, ext. 5593
Senior Financial Analyst
scott.mangan@ambest.com
or
Edem Kuenyehia, +44 20 7397 0280
Associate Director, Market Development
& Communications
edem.kuenyehia@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com

Contacts

A.M. Best
Robert DeRose, +1 908 439 2200, ext. 5453
Senior Director
robert.derose@ambest.com
or
Greg Reisner, +1 908 439 2200, ext. 5224
Director
greg.reisner@ambest.com
or
Scott Mangan, +1 908 439 2200, ext. 5593
Senior Financial Analyst
scott.mangan@ambest.com
or
Edem Kuenyehia, +44 20 7397 0280
Associate Director, Market Development
& Communications
edem.kuenyehia@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com