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Maiden Holdings Announces Completion of Series of Strategic Transactions Strengthening Its Capital Position

Aug 05, 2019 - Business Wire
Financial Results

Maiden Holdings, Ltd. (NASDAQ:MHLD, "Maiden" or the "Company") today announced it had entered into a series of strategic transactions which have materially improved its capital position. The transactions completed include:

A loss portfolio transfer and adverse development agreement ("LPT/ADC") with Enstar Group Limited (NASDAQ:ESGR, "Enstar") pursuant to the previously announced Master Agreement;A $330.7 million commutation agreement ("Commutation") of certain workers' compensation loss re...