AmTrust allegations 'unsubstantiated': Maiden

Maiden Holdings has issued a robust defence of AmTrust,
dismissing recent articles written about its sister company as
"recycled attacks" originating from short sellers.
In an investor presentation published on its website today, the
company said it maintains robust controls, procedures and
governance, and that all transactions between Maiden and AmTrust
required the review and approval of its independent directors.
It also noted that AmTrust's recent adjustments and
weaknesses in its financial