Maiden Holdings grows top and bottom line in Q1
First quarter net operating earnings at Maiden Holdings
increased by 6.4 percent to $28.3mn following growth in earned
premium and a rebound in investment income.
Operating earnings per share were in line with the Wall Street
consensus at $0.37.
Net earned premiums grew 6.7 percent to $616mn, while investment
income increased by 22 percent to $36.3mn. Maiden also booked
$2.3mn in realised gains on investment, up from $0.9mn a year
ago.
Total revenues increased by 7.8 percent to $659.4mn.
The...
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