Maiden profits flat as top line expands
Maiden's bottom line remained exactly flat quarter-on-quarter,
whilst it reported a modest 2.1 percent increase in gross written
premiums.
The Bermuda-based carrier reported net operating earnings of
$28.4mn or $0.37 per diluted share for the second quarter, which is
what it reported this time last year.
Meanwhile top line grew to $688.3mn, up slightly from the
$674.8mn it recorded for Q2 2015.
The group's combined ratio showed modest improvement falling
to 98.6 percent from the 99.2 percent it
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