International was Maiden Holdings’s largest segment in fiscal 2024, bringing in $250.51M of $346.32M (72%).
| Segment | FY 2010 | FY 2014 | FY 2015 | FY 2017 | FY 2020 | FY 2021 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|
| Casualty | — | — | — | |||||
| Small Commercial Business | -$42.67M | -$3.26M | -$4.50M | |||||
| Specialty Risk & Extended Warranty | $225.82M | $106.67M | $100.53M | |||||
| Property | — | — | — | |||||
| Specialty Program | -$5.97M | $1.09M | -$217.00K | |||||
| Automobile Liability | — | — | — | |||||
| Automobile Physical Damage | — | — | — | |||||
| Accident & Health | — | — | — | |||||
| International | $193.77M | $203.27M | $250.51M | |||||
| Other | — | — | — | |||||
| Total | $370.95M | $307.78M | $346.32M |
Maiden Holdings brought in $346.32M from its four segments in fiscal 2024, the year ended December 31, 2024. That was up 12.5% from $307.78M in fiscal 2023. International was the largest at $250.51M (72.3%), ahead of Specialty Risk & Extended Warranty at $100.53M (29.0%).
Compared with fiscal 2023, International grew 23.2% to $250.51M, while Specialty Risk & Extended Warranty fell 5.8% to $100.53M. From fiscal 2021 to 2024, combined revenue from these segments fell from $370.95M to $346.32M, a compound annual decline of 2.3%. International's share of the total rose from 52.2% to 72.3%.
The total is net of Small Commercial Business, which took $4.50M off revenue in fiscal 2024.
Diversified Reinsurance was Maiden Holdings’s largest segment in fiscal 2024, bringing in $250.51M of $351.04M (71%).
| Statement Business Segments | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Amtrust Reinsurance | $225.82M | $106.67M | $100.53M | |||||||||||
| Amtrust Reinsurance Segment | — | — | — | |||||||||||
| Amtrust Quota Share Reinsurance | — | — | — | |||||||||||
| Other | — | — | — | |||||||||||
| Nghc Quota Share | — | — | — | |||||||||||
| Diversified Reinsurance | $193.77M | $203.27M | $250.51M | |||||||||||
| Diversified Reinsurance Segment | — | — | — | |||||||||||
| Acac Quota Share | — | — | — | |||||||||||
| Total | $419.59M | $309.95M | $351.04M |
Maiden Holdings brought in $351.04M from its two segments in fiscal 2024, the year ended December 31, 2024. That was up 13.3% from $309.95M in fiscal 2023. Diversified Reinsurance was the largest at $250.51M (71.4%), ahead of Amtrust Reinsurance at $100.53M (28.6%).
Compared with fiscal 2023, Diversified Reinsurance grew 23.2% to $250.51M, while Amtrust Reinsurance fell 5.8% to $100.53M. From fiscal 2021 to 2024, combined revenue from these segments fell from $419.59M to $351.04M, a compound annual decline of 5.8%. Diversified Reinsurance's share of the total rose from 46.2% to 71.4%.
Other (Predominantly Europe) was Maiden Holdings’s largest region in fiscal 2024, bringing in $351.04M of $346.32M (101%).
| Geography | FY 2010 | FY 2013 | FY 2014 | FY 2015 | FY 2017 | FY 2020 | FY 2021 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|
| North America | -$48.64M | -$2.16M | -$4.72M | ||||||
| Other (Predominantly Europe) | $419.59M | $309.95M | $351.04M | ||||||
| Gross Premiums Written – Other (Predominantly Europe) | — | — | — | ||||||
| Total | $370.95M | $307.78M | $346.32M |
Maiden Holdings brought in $346.32M from its two regions in fiscal 2024, the year ended December 31, 2024. That was up 12.5% from $307.78M in fiscal 2023. Other (Predominantly Europe) was the largest at $351.04M (101.4%).
From fiscal 2021 to 2024, combined revenue from these regions fell from $370.95M to $346.32M, a compound annual decline of 2.3%. Other (Predominantly Europe)'s share of the total fell from 113.1% to 101.4%.
The total is net of North America, which took $4.72M off revenue in fiscal 2024.
Maiden Holdings (MHLA) reports its revenue by segment, by statement business segments and by geography. In fiscal 2024, International was its largest segment, bringing in $250.51M (72.3% of the total), followed by Specialty Risk & Extended Warranty at $100.53M (29.0%).
International was Maiden Holdings' largest segment in fiscal 2024, bringing in $250.51M, or 72.3% of the $346.32M total across its four segments.
Other (Predominantly Europe) was Maiden Holdings' largest region in fiscal 2024, bringing in $351.04M, or 101.4% of the $346.32M total across its two regions.
International grew faster than Specialty Risk & Extended Warranty in fiscal 2024, up 23.2% from $203.27M to $250.51M. Specialty Risk & Extended Warranty fell 5.8% to $100.53M.
Every figure comes from Maiden Holdings' annual financial filings, as reported. Each line keeps the name Maiden Holdings gives it, and years follow its fiscal calendar.
Maiden Holdings' revenue by segment goes back to fiscal 2010, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.