The following are several milestones in Maiden's history:
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June 2007 |
Maiden Holdings, Ltd. was formed and entered into a quota share agreement with AmTrust Financial Services, Inc. |
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May 2008 |
Maiden begins tradign on NASDAQ under the symbol MHLD. |
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October 2008 |
Acquired GMAC RE, forming the basis of the Company's diversified reinsurance operation, Maiden Re. |
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January 2009 |
Completed $260 million offering of 14% trust preferred shares (TRUPS) to finance the GMAC RE acquisition. |
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March 2010 |
Forged a quota share agreement with American Capital Acquisition Corporation (ACAC). |
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November 2010 |
Acquired the assets and liabilities of GMAC International Insurance Services, Ltd., a platform for international expansion. |
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June 2011 |
Refinanced $107.5 million of the 14% TRUPS at the more favorable rate of 8.25%. |
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March 2012 |
Issued $100 million of 30-year 8% notes. |
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August 2012 |
Issued $150 million of 8.25% preference shares. |