2021 Q2 Form 10-Q Financial Statement

#000141210021000067 Filed on August 09, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $21.98M $44.74M
YoY Change -50.88% -76.45%
Cost Of Revenue -$5.327M $11.01M
YoY Change -148.39% -90.94%
Gross Profit $27.31M $33.73M
YoY Change -19.06% -50.67%
Gross Profit Margin 124.24% 75.4%
Selling, General & Admin $35.74M $9.300M
YoY Change 284.34% -23.77%
% of Gross Profit 130.91% 27.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.899M $8.154M
YoY Change -15.39% -83.58%
% of Gross Profit 25.27% 24.17%
Operating Expenses $3.808M $2.413M
YoY Change 57.81% -9.08%
Operating Profit $23.50M $31.32M
YoY Change -24.98% -52.35%
Interest Expense -$7.709M -$7.100M
YoY Change 8.58% 97.22%
% of Operating Profit -32.81% -22.67%
Other Income/Expense, Net
YoY Change
Pretax Income $5.080M $9.194M
YoY Change -44.75% 211.66%
Income Tax -$257.0K -$18.00K
% Of Pretax Income -5.06% -0.2%
Net Earnings $8.112M $9.212M
YoY Change -11.94% -159.77%
Net Earnings / Revenue 36.91% 20.59%
Basic Earnings Per Share $0.31 $0.11
Diluted Earnings Per Share $0.31 $0.11
COMMON SHARES
Basic Shares Outstanding 86.23M shares 84.54M shares
Diluted Shares Outstanding 86.24M shares 84.54M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $42.11M $56.58M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $1.800M
YoY Change -37.93%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $60.11M $1.644B
YoY Change -96.34% -48.12%
Other Assets $31.65M $80.90M
YoY Change -60.88% -81.93%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.607B $3.213B
YoY Change -18.88% -30.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $59.83M $17.80M
YoY Change 236.11% 20.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $59.83M $17.80M
YoY Change 236.11% 20.27%
LONG-TERM LIABILITIES
Long-Term Debt $255.2M $255.0M
YoY Change 0.09% 0.08%
Other Long-Term Liabilities $94.35M $156.5M
YoY Change -39.71% 137.12%
Total Long-Term Liabilities $349.6M $411.5M
YoY Change -15.05% 28.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $59.83M $17.80M
Total Long-Term Liabilities $349.6M $411.5M
Total Liabilities $2.203B $2.683B
YoY Change -17.9% -33.07%
SHAREHOLDERS EQUITY
Retained Earnings -$517.4M -$665.7M
YoY Change -22.28% 8.08%
Common Stock $922.0K $897.0K
YoY Change 2.79% 1.82%
Preferred Stock
YoY Change
Treasury Stock (at cost) $33.89M $31.53M
YoY Change 7.48% 0.02%
Treasury Stock Shares 5.814M shares 5.014M shares
Shareholders Equity $404.2M $530.7M
YoY Change
Total Liabilities & Shareholders Equity $2.607B $3.213B
YoY Change -18.88% -30.12%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $8.112M $9.212M
YoY Change -11.94% -159.77%
Depreciation, Depletion And Amortization $6.899M $8.154M
YoY Change -15.39% -83.58%
Cash From Operating Activities -$82.98M -$200.7M
YoY Change -58.65% 16.82%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $51.81M $159.5M
YoY Change -67.52% -68.17%
Cash From Investing Activities $51.81M $159.5M
YoY Change -67.52% -68.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -27.28M 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -82.98M -200.7M
Cash From Investing Activities 51.81M 159.5M
Cash From Financing Activities -27.28M 0.000
Net Change In Cash -58.46M -41.20M
YoY Change 41.9% -112.51%
FREE CASH FLOW
Cash From Operating Activities -$82.98M -$200.7M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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85688893 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83896804 shares
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
8112000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
9212000 USD
us-gaap Net Income Loss
NetIncomeLoss
17398000 USD
us-gaap Net Income Loss
NetIncomeLoss
30073000 USD
CY2021Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
2206000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-17325000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1575000 USD
CY2021Q2 us-gaap Oci Equity Method Investment Before Tax
OciEquityMethodInvestmentBeforeTax
-2407000 USD
CY2020Q2 us-gaap Oci Equity Method Investment Before Tax
OciEquityMethodInvestmentBeforeTax
0 USD
us-gaap Oci Equity Method Investment Before Tax
OciEquityMethodInvestmentBeforeTax
-3419000 USD
us-gaap Oci Equity Method Investment Before Tax
OciEquityMethodInvestmentBeforeTax
0 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
779000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
2368000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
5025000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
6401000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-2555000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-3820000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
7591000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-3823000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-3535000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
35590000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-18178000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-8649000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-7000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
101000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-44000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-14000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3528000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
35489000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-18134000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8635000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4584000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
44701000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-736000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21438000 USD
mhld Other Comprehensive Income Loss Investments Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossInvestmentsAdjustmentNetOfTaxPortionAttributableToParent
-25725000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
404212000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
530739000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
404212000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
530739000 USD
us-gaap Net Income Loss
NetIncomeLoss
17398000 USD
us-gaap Net Income Loss
NetIncomeLoss
30073000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
6840000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
4004000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5722000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
8950000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
19913000 USD
us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
0 USD
us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
1506000 USD
mhld Foreign Currency Transactionand Other Gain Lossbefore Tax
ForeignCurrencyTransactionandOtherGainLossbeforeTax
1954000 USD
mhld Foreign Currency Transactionand Other Gain Lossbefore Tax
ForeignCurrencyTransactionandOtherGainLossbeforeTax
5902000 USD
us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
-4395000 USD
us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
10196000 USD
us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-6366000 USD
us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-4294000 USD
us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
-3290000 USD
us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
-6413000 USD
us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
-9101000 USD
us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
-13662000 USD
us-gaap Increase Decrease In Funds Held Under Reinsurance Agreements
IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements
-8672000 USD
us-gaap Increase Decrease In Funds Held Under Reinsurance Agreements
IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements
13416000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1133000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
9316000 USD
us-gaap Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
-207565000 USD
us-gaap Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
-361082000 USD
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-25340000 USD
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-37634000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
8818000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-21645000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-185784000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-419152000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
91585000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
245331000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
21852000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
4475000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
21309000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
206354000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
405501000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
137453000 USD
mhld Proceeds From Maturities Prepayments And Calls Of Debt Securities Investing Activities
ProceedsFromMaturitiesPrepaymentsAndCallsOfDebtSecuritiesInvestingActivities
175363000 USD
mhld Proceeds From Maturities Prepayments And Calls Of Debt Securities Investing Activities
ProceedsFromMaturitiesPrepaymentsAndCallsOfDebtSecuritiesInvestingActivities
292780000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
228000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
92000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
3384000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
mhld Proceeds From Equity Securities Distribution
ProceedsFromEquitySecuritiesDistribution
441000 USD
mhld Proceeds From Equity Securities Distribution
ProceedsFromEquitySecuritiesDistribution
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
19000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
598000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
251005000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
447969000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2359000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1000 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
124658000 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 USD
mhld Payments For Share Based Payment Arrangement Settlement
PaymentsForShareBasedPaymentArrangementSettlement
166000 USD
mhld Payments For Share Based Payment Arrangement Settlement
PaymentsForShareBasedPaymentArrangementSettlement
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-127183000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-107000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1359000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-62069000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
30175000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
135826000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107278000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
73757000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
137453000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
42109000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
56583000 USD
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
31648000 USD
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
80870000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
73757000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q2 us-gaap Premiums Written Gross
PremiumsWrittenGross
3434000 USD
CY2021Q2 us-gaap Premiums Written Net
PremiumsWrittenNet
3261000 USD
CY2021Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
13312000 USD
CY2021Q2 us-gaap Other Income
OtherIncome
539000 USD
CY2021Q2 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
-5327000 USD
CY2021Q2 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
6899000 USD
CY2021Q2 us-gaap Operating Expenses
OperatingExpenses
3808000 USD
CY2021Q2 mhld Underwriting Income Loss Net
UnderwritingIncomeLossNet
8471000 USD
CY2021Q2 mhld Investment Income And Gain Loss On Investments Net
InvestmentIncomeAndGainLossOnInvestmentsNet
8127000 USD
CY2021Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
4832000 USD
CY2021Q2 mhld Foreign Currency Transactionand Other Gain Lossbefore Tax
ForeignCurrencyTransactionandOtherGainLossbeforeTax
-1588000 USD
CY2021Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
5098000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-257000 USD
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2775000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
8112000 USD
CY2021Q2 us-gaap Loss Ratio
LossRatio
-0.385
CY2021Q2 us-gaap Acquisition Cost Ratio
AcquisitionCostRatio
0.498
CY2021Q2 us-gaap General And Administrative Expense Ratio
GeneralAndAdministrativeExpenseRatio
0.643
CY2021Q2 mhld Expense Ratio
ExpenseRatio
1.141
CY2021Q2 us-gaap Combined Ratio
CombinedRatio
0.756
CY2020Q2 us-gaap Premiums Written Gross
PremiumsWrittenGross
4982000 USD
CY2020Q2 us-gaap Premiums Written Net
PremiumsWrittenNet
4090000 USD
CY2020Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
21308000 USD
CY2020Q2 us-gaap Other Income
OtherIncome
250000 USD
CY2020Q2 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
11008000 USD
CY2020Q2 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
8154000 USD
CY2020Q2 us-gaap Operating Expenses
OperatingExpenses
2413000 USD
CY2020Q2 mhld Underwriting Income Loss Net
UnderwritingIncomeLossNet
-17000 USD
CY2020Q2 mhld Investment Income And Gain Loss On Investments Net
InvestmentIncomeAndGainLossOnInvestmentsNet
23184000 USD
CY2020Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
4830000 USD
CY2020Q2 mhld Foreign Currency Transactionand Other Gain Lossbefore Tax
ForeignCurrencyTransactionandOtherGainLossbeforeTax
-2295000 USD
CY2020Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
6848000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-18000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
9212000 USD
CY2020Q2 us-gaap Loss Ratio
LossRatio
0.510
CY2020Q2 us-gaap Acquisition Cost Ratio
AcquisitionCostRatio
0.378
CY2020Q2 us-gaap General And Administrative Expense Ratio
GeneralAndAdministrativeExpenseRatio
0.430
CY2020Q2 mhld Expense Ratio
ExpenseRatio
0.808
CY2020Q2 us-gaap Combined Ratio
CombinedRatio
1.318
us-gaap Premiums Written Gross
PremiumsWrittenGross
1044000 USD
us-gaap Premiums Written Net
PremiumsWrittenNet
565000 USD
us-gaap Premiums Earned Net
PremiumsEarnedNet
25076000 USD
us-gaap Other Income
OtherIncome
808000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
-2968000 USD
us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
12841000 USD
us-gaap Operating Expenses
OperatingExpenses
5985000 USD
mhld Underwriting Income Loss Net
UnderwritingIncomeLossNet
10026000 USD
mhld Investment Income And Gain Loss On Investments Net
InvestmentIncomeAndGainLossOnInvestmentsNet
26069000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
9663000 USD
mhld Foreign Currency Transactionand Other Gain Lossbefore Tax
ForeignCurrencyTransactionandOtherGainLossbeforeTax
1954000 USD
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
16918000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-208000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5722000 USD
us-gaap Net Income Loss
NetIncomeLoss
17398000 USD
us-gaap Loss Ratio
LossRatio
-0.115
us-gaap Acquisition Cost Ratio
AcquisitionCostRatio
0.496
us-gaap General And Administrative Expense Ratio
GeneralAndAdministrativeExpenseRatio
0.885
mhld Expense Ratio
ExpenseRatio
1.381
us-gaap Combined Ratio
CombinedRatio
1.266
us-gaap Premiums Written Gross
PremiumsWrittenGross
16716000 USD
us-gaap Premiums Written Net
PremiumsWrittenNet
14462000 USD
us-gaap Premiums Earned Net
PremiumsEarnedNet
52523000 USD
us-gaap Other Income
OtherIncome
658000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
32094000 USD
us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
20127000 USD
us-gaap Operating Expenses
OperatingExpenses
4670000 USD
mhld Underwriting Income Loss Net
UnderwritingIncomeLossNet
-3710000 USD
mhld Investment Income And Gain Loss On Investments Net
InvestmentIncomeAndGainLossOnInvestmentsNet
52186000 USD
us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
1506000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
9661000 USD
mhld Foreign Currency Transactionand Other Gain Lossbefore Tax
ForeignCurrencyTransactionandOtherGainLossbeforeTax
5902000 USD
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
13141000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3000 USD
us-gaap Net Income Loss
NetIncomeLoss
30073000 USD
us-gaap Loss Ratio
LossRatio
0.604
us-gaap Acquisition Cost Ratio
AcquisitionCostRatio
0.378
us-gaap General And Administrative Expense Ratio
GeneralAndAdministrativeExpenseRatio
0.335
mhld Expense Ratio
ExpenseRatio
0.713
us-gaap Combined Ratio
CombinedRatio
1.317
CY2021Q2 us-gaap Assets
Assets
2606770000 USD
CY2020Q4 us-gaap Assets
Assets
2948455000 USD
CY2021Q2 us-gaap Premiums Written Net
PremiumsWrittenNet
3261000 USD
CY2020Q2 us-gaap Premiums Written Net
PremiumsWrittenNet
4090000 USD
us-gaap Premiums Written Net
PremiumsWrittenNet
565000 USD
us-gaap Premiums Written Net
PremiumsWrittenNet
14462000 USD
CY2021Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
13312000 USD
CY2021Q2 mhld Premiums Earned Net As Percent Of Total
PremiumsEarnedNetAsPercentOfTotal
1.000
CY2020Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
21308000 USD
CY2020Q2 mhld Premiums Earned Net As Percent Of Total
PremiumsEarnedNetAsPercentOfTotal
1.000
us-gaap Premiums Earned Net
PremiumsEarnedNet
25076000 USD
mhld Premiums Earned Net As Percent Of Total
PremiumsEarnedNetAsPercentOfTotal
1.000
us-gaap Premiums Earned Net
PremiumsEarnedNet
52523000 USD
mhld Premiums Earned Net As Percent Of Total
PremiumsEarnedNetAsPercentOfTotal
1.000
CY2021Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
911547000 USD
CY2021Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
32200000 USD
CY2021Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
5062000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
938685000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1163923000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
53055000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
3567000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1213411000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
60592000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
59782000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
435090000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
454445000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
65363000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
68361000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
7334000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
7352000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
568379000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
589940000 USD
CY2021Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
911547000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
938685000 USD
CY2021Q2 mhld Fixed Maturities Continuous Unrealized Loss Position Lessthan Twelve Months Fair Value
FixedMaturitiesContinuousUnrealizedLossPositionLessthanTwelveMonthsFairValue
165138000 USD
CY2021Q2 mhld Fixed Maturities Continuous Unrealized Loss Position Lessthan12 Months Accumulated Loss
FixedMaturitiesContinuousUnrealizedLossPositionLessthan12MonthsAccumulatedLoss
1969000 USD
CY2021Q2 mhld Fixed Maturities Continuous Unrealized Loss Position Twelve Monthsor Longer Fair Value
FixedMaturitiesContinuousUnrealizedLossPositionTwelveMonthsorLongerFairValue
64763000 USD
CY2021Q2 mhld Fixed Maturities Continuous Unrealized Loss Position12 Monthsor Longer Accumulated Loss
FixedMaturitiesContinuousUnrealizedLossPosition12MonthsorLongerAccumulatedLoss
3093000 USD
CY2021Q2 mhld Fixed Maturities Continuous Unrealized Loss Position Fair Value
FixedMaturitiesContinuousUnrealizedLossPositionFairValue
229901000 USD
CY2021Q2 mhld Fixed Maturities Continuous Unrealized Loss Position Accumulated Loss
FixedMaturitiesContinuousUnrealizedLossPositionAccumulatedLoss
5062000 USD
CY2021Q2 mhld Fixed Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions
FixedSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositions
45 security
CY2021Q2 mhld Investments Continuous Unrealized Loss Position Fair Value
InvestmentsContinuousUnrealizedLossPositionFairValue
229901000 USD
CY2021Q2 mhld Investments Continuous Unrealized Loss Position Accumulated Loss
InvestmentsContinuousUnrealizedLossPositionAccumulatedLoss
5062000 USD
CY2021Q2 mhld Fixed Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions Greaterthanor Equalto One Year
FixedSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositionsGreaterthanorEqualtoOneYear
18 security
CY2021Q2 mhld Investments Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
InvestmentsContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
64763000 USD
CY2021Q2 mhld Investments Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses
InvestmentsContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses
3093000 USD
CY2020Q4 mhld Fixed Maturities Continuous Unrealized Loss Position Lessthan Twelve Months Fair Value
FixedMaturitiesContinuousUnrealizedLossPositionLessthanTwelveMonthsFairValue
64570000 USD
CY2020Q4 mhld Fixed Maturities Continuous Unrealized Loss Position Lessthan12 Months Accumulated Loss
FixedMaturitiesContinuousUnrealizedLossPositionLessthan12MonthsAccumulatedLoss
1192000 USD
CY2020Q4 mhld Fixed Maturities Continuous Unrealized Loss Position Twelve Monthsor Longer Fair Value
FixedMaturitiesContinuousUnrealizedLossPositionTwelveMonthsorLongerFairValue
101994000 USD
CY2020Q4 mhld Fixed Maturities Continuous Unrealized Loss Position12 Monthsor Longer Accumulated Loss
FixedMaturitiesContinuousUnrealizedLossPosition12MonthsorLongerAccumulatedLoss
2375000 USD
CY2020Q4 mhld Fixed Maturities Continuous Unrealized Loss Position Fair Value
FixedMaturitiesContinuousUnrealizedLossPositionFairValue
166564000 USD
CY2020Q4 mhld Fixed Maturities Continuous Unrealized Loss Position Accumulated Loss
FixedMaturitiesContinuousUnrealizedLossPositionAccumulatedLoss
3567000 USD
CY2020Q4 mhld Fixed Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions
FixedSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositions
53 security
CY2020Q4 mhld Investments Continuous Unrealized Loss Position Fair Value
InvestmentsContinuousUnrealizedLossPositionFairValue
166564000 USD
CY2020Q4 mhld Investments Continuous Unrealized Loss Position Accumulated Loss
InvestmentsContinuousUnrealizedLossPositionAccumulatedLoss
3567000 USD
CY2020Q4 mhld Fixed Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions Greaterthanor Equalto One Year
FixedSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositionsGreaterthanorEqualtoOneYear
35 security
CY2020Q4 mhld Investments Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
InvestmentsContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
101994000 USD
CY2020Q4 mhld Investments Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses
InvestmentsContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses
2375000 USD
us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
1506000 USD
mhld Other Than Temporary Impairment Losses Investments Availableforsale Securities Portion Recognized In Earnings Net Qualitative Disclosures Number Of Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesPortionRecognizedInEarningsNetQualitativeDisclosuresNumberOfSecurities
2 security
us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
0 USD
CY2020Q2 us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
0 USD
CY2021Q2 us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
0 USD
CY2021Q2 mhld Fixed Maturities Amortized Cost Basis
FixedMaturitiesAmortizedCostBasis
911547000 USD
CY2021Q2 mhld Fixed Maturities Fair Value
FixedMaturitiesFairValue
938685000 USD
CY2021Q2 mhld Fixed Maturities Percentof Total Fair Value
FixedMaturitiesPercentofTotalFairValue
1.000
CY2020Q4 mhld Fixed Maturities Amortized Cost Basis
FixedMaturitiesAmortizedCostBasis
1163923000 USD
CY2020Q4 mhld Fixed Maturities Fair Value
FixedMaturitiesFairValue
1213411000 USD
CY2020Q4 mhld Fixed Maturities Percentof Total Fair Value
FixedMaturitiesPercentofTotalFairValue
1.000
CY2021Q2 us-gaap Other Investment Not Readily Marketable Fair Value
OtherInvestmentNotReadilyMarketableFairValue
51752000 USD
CY2021Q2 mhld Other Investments Percent Of Total Fair Value
OtherInvestmentsPercentOfTotalFairValue
0.586
CY2020Q4 us-gaap Other Investment Not Readily Marketable Fair Value
OtherInvestmentNotReadilyMarketableFairValue
30439000 USD
CY2020Q4 mhld Other Investments Percent Of Total Fair Value
OtherInvestmentsPercentOfTotalFairValue
0.454
CY2021Q2 us-gaap Other Investments
OtherInvestments
88238000 USD
CY2021Q2 mhld Other Investments Percent Of Total
OtherInvestmentsPercentOfTotal
1.000
CY2020Q4 us-gaap Other Investments
OtherInvestments
67010000 USD
CY2020Q4 mhld Other Investments Percent Of Total
OtherInvestmentsPercentOfTotal
1.000
CY2021Q2 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
66351000 USD
CY2021Q2 mhld Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Commitments Percentage Of Total
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommitmentsPercentageOfTotal
1.000
CY2020Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
63313000 USD
CY2020Q4 mhld Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Commitments Percentage Of Total
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommitmentsPercentageOfTotal
1.000
CY2021Q2 us-gaap Equity Method Investments
EquityMethodInvestments
60113000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
17119000 USD
CY2021Q2 mhld Equity Method Investments Percent Of Total
EquityMethodInvestmentsPercentOfTotal
1.000
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
39886000 USD
CY2020Q4 mhld Equity Method Investments Percent Of Total
EquityMethodInvestmentsPercentOfTotal
1.000
CY2021Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
8083000 USD
CY2020Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
14663000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
18268000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
33028000 USD
CY2021Q2 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
805000 USD
CY2020Q2 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
354000 USD
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
1149000 USD
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
755000 USD
CY2021Q2 us-gaap Investment Income Net
InvestmentIncomeNet
7278000 USD
CY2020Q2 us-gaap Investment Income Net
InvestmentIncomeNet
14309000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
32273000 USD
CY2021Q2 mhld Equity Securities Fvni Realized And Unrealized Gain
EquitySecuritiesFVNIRealizedAndUnrealizedGain
0 USD
CY2021Q2 mhld Equity Securities Fvni Realized And Unrealized Loss
EquitySecuritiesFVNIRealizedAndUnrealizedLoss
611000 USD
CY2021Q2 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-611000 USD
CY2021Q2 mhld Realized And Unrealized Gain On Investments
RealizedAndUnrealizedGainOnInvestments
1555000 USD
CY2021Q2 mhld Realized And Unrealized Loss On Investments
RealizedAndUnrealizedLossOnInvestments
706000 USD
CY2021Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
849000 USD
CY2020Q2 mhld Realized And Unrealized Gain On Investments
RealizedAndUnrealizedGainOnInvestments
9059000 USD
CY2020Q2 mhld Realized And Unrealized Loss On Investments
RealizedAndUnrealizedLossOnInvestments
184000 USD
CY2020Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
8875000 USD
mhld Equity Securities Fvni Realized And Unrealized Gain
EquitySecuritiesFVNIRealizedAndUnrealizedGain
4957000 USD
mhld Equity Securities Fvni Realized And Unrealized Loss
EquitySecuritiesFVNIRealizedAndUnrealizedLoss
611000 USD
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
4346000 USD
mhld Realized And Unrealized Gain On Investments
RealizedAndUnrealizedGainOnInvestments
9830000 USD
mhld Realized And Unrealized Loss On Investments
RealizedAndUnrealizedLossOnInvestments
880000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
8950000 USD
mhld Realized And Unrealized Gain On Investments
RealizedAndUnrealizedGainOnInvestments
20098000 USD
mhld Realized And Unrealized Loss On Investments
RealizedAndUnrealizedLossOnInvestments
185000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
19913000 USD
CY2021Q2 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-611000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
0 USD
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
4346000 USD
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
0 USD
CY2021Q2 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 USD
CY2020Q2 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 USD
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
441000 USD
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 USD
CY2021Q2 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-611000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
3905000 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0 USD
CY2021Q2 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
52538000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
206354000 USD
CY2020Q2 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
181030000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
405501000 USD
CY2021Q2 mhld Equity Method Investment Unrealized Gain Loss
EquityMethodInvestmentUnrealizedGainLoss
-3419000 USD
CY2020Q4 mhld Equity Method Investment Unrealized Gain Loss
EquityMethodInvestmentUnrealizedGainLoss
0 USD
CY2021Q2 mhld Investments Unrealized Gain Loss Gross Of Deferred Income Tax Expense
InvestmentsUnrealizedGainLossGrossOfDeferredIncomeTaxExpense
23719000 USD
CY2020Q4 mhld Investments Unrealized Gain Loss Gross Of Deferred Income Tax Expense
InvestmentsUnrealizedGainLossGrossOfDeferredIncomeTaxExpense
49488000 USD
CY2021Q2 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
87000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
131000 USD
CY2021Q2 mhld Investments Gross Unrealized Gain Loss Net Of Deferred Income Tax Expense
InvestmentsGrossUnrealizedGainLossNetOfDeferredIncomeTaxExpense
23632000 USD
CY2020Q4 mhld Investments Gross Unrealized Gain Loss Net Of Deferred Income Tax Expense
InvestmentsGrossUnrealizedGainLossNetOfDeferredIncomeTaxExpense
49357000 USD
mhld Other Comprehensive Income Loss Investments Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossInvestmentsAdjustmentNetOfTaxPortionAttributableToParent
-25725000 USD
CY2020 mhld Other Comprehensive Income Loss Investments Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossInvestmentsAdjustmentNetOfTaxPortionAttributableToParent
27361000 USD
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
31648000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
61786000 USD
CY2021Q2 us-gaap Restricted Investments
RestrictedInvestments
791489000 USD
CY2020Q4 us-gaap Restricted Investments
RestrictedInvestments
1018269000 USD
CY2021Q2 us-gaap Restricted Cash And Investments
RestrictedCashAndInvestments
823137000 USD
CY2020Q4 us-gaap Restricted Cash And Investments
RestrictedCashAndInvestments
1080055000 USD
CY2021Q2 mhld Assets Fair Value Disclosure Number Of Securities Priced For Fair Value
AssetsFairValueDisclosureNumberOfSecuritiesPricedForFairValue
1 security
CY2020Q4 mhld Assets Fair Value Disclosure Number Of Securities Priced For Fair Value
AssetsFairValueDisclosureNumberOfSecuritiesPricedForFairValue
2 security
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
29344000 USD
CY2020Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1800000 USD
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
26094000 USD
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1800000 USD
CY2021Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
0 USD
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
1000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
4250000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
1000000 USD
CY2021Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0 USD
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
1000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0 USD
CY2021Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
29344000 USD
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
2800000 USD
CY2021Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
29344000 USD
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
2800000 USD
CY2021Q2 mhld Share Capital Shares Authorized
ShareCapitalSharesAuthorized
150000000 shares
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
92233783 shares
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
86420221 shares
CY2021Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
18600000 shares
CY2021Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
18600000 shares
CY2021Q2 mhld Shares Undesignated
SharesUndesignated
39166217 shares
CY2021Q2 mhld Preferred Stock Shares Outstanding Held By Non Affiliates
PreferredStockSharesOutstandingHeldByNonAffiliates
7255368 shares
CY2021Q2 us-gaap Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
1902544 shares
CY2021Q2 mhld Preferred Stock Redemption Price Average Cost Per Share
PreferredStockRedemptionPriceAverageCostPerShare
14.33
us-gaap Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
8517037 shares
mhld Preferred Stock Redemption Price Average Cost Per Share
PreferredStockRedemptionPriceAverageCostPerShare
14.64
CY2021Q2 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
27264000 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
124658000 USD
CY2021Q2 us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
18714000 USD
us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
81164000 USD
CY2021Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
18600000 shares
CY2020Q4 mhld Preferred Stock Shares Outstanding Held By Affiliates
PreferredStockSharesOutstandingHeldByAffiliates
2827595 shares
CY2021Q1 us-gaap Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
6614493 shares
CY2021Q2 us-gaap Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
1902544 shares
CY2021Q2 mhld Preferred Stock Shares Outstanding Held By Affiliates
PreferredStockSharesOutstandingHeldByAffiliates
11344632 shares
CY2021Q2 mhld Preferred Stock Shares Outstanding Held By Non Affiliates
PreferredStockSharesOutstandingHeldByNonAffiliates
7255368 shares
CY2021Q2 mhld Preferred Stock Shares Outstanding Held By Affiliates Percentage
PreferredStockSharesOutstandingHeldByAffiliatesPercentage
0.610
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
799548 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
834 shares
mhld Shares Paid For Tax Withholding For Share Based Compensation Average Cost Per Share
SharesPaidForTaxWithholdingForShareBasedCompensationAverageCostPerShare
2.95
mhld Shares Paid For Tax Withholding For Share Based Compensation Average Cost Per Share
SharesPaidForTaxWithholdingForShareBasedCompensationAverageCostPerShare
1.13
CY2021Q2 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
0 shares
CY2020Q2 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
834 shares
CY2020Q2 mhld Shares Paid For Tax Withholding For Share Based Compensation Average Cost Per Share
SharesPaidForTaxWithholdingForShareBasedCompensationAverageCostPerShare
1.13
CY2020Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
74245000 USD
CY2020Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2021Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2021Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-2749000 USD
CY2021Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
779000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3528000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
37857000 USD
CY2020Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
2368000 USD
us-gaap Assumed Premiums Written
AssumedPremiumsWritten
6498000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
35489000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-13109000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
5025000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-18134000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-2234000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
6401000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8635000 USD
us-gaap Direct Premiums Written
DirectPremiumsWritten
10531000 USD
us-gaap Direct Premiums Written
DirectPremiumsWritten
10218000 USD
us-gaap Assumed Premiums Written
AssumedPremiumsWritten
-9487000 USD
us-gaap Ceded Premiums Written
CededPremiumsWritten
479000 USD
us-gaap Ceded Premiums Written
CededPremiumsWritten
2254000 USD
us-gaap Premiums Written Net
PremiumsWrittenNet
565000 USD
us-gaap Premiums Written Net
PremiumsWrittenNet
14462000 USD
us-gaap Direct Premiums Earned
DirectPremiumsEarned
11536000 USD
us-gaap Direct Premiums Earned
DirectPremiumsEarned
9719000 USD
us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
14849000 USD
us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
44631000 USD
us-gaap Ceded Premiums Earned
CededPremiumsEarned
1309000 USD
us-gaap Ceded Premiums Earned
CededPremiumsEarned
1827000 USD
us-gaap Premiums Earned Net
PremiumsEarnedNet
25076000 USD
us-gaap Premiums Earned Net
PremiumsEarnedNet
52523000 USD
us-gaap Policyholder Benefits And Claims Incurred Gross
PolicyholderBenefitsAndClaimsIncurredGross
-5862000 USD
us-gaap Policyholder Benefits And Claims Incurred Gross
PolicyholderBenefitsAndClaimsIncurredGross
32452000 USD
us-gaap Reinsurance Costs And Recoveries Net
ReinsuranceCostsAndRecoveriesNet
-2894000 USD
us-gaap Reinsurance Costs And Recoveries Net
ReinsuranceCostsAndRecoveriesNet
358000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
-2968000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
1832000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
32094000 USD
CY2021Q2 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
565549000 USD
CY2020Q4 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
592571000 USD
CY2020Q4 us-gaap Reinsurance Recoverables On Unpaid Losses Allowance
ReinsuranceRecoverablesOnUnpaidLossesAllowance
0 USD
CY2021Q2 us-gaap Reinsurance Recoverables On Unpaid Losses Allowance
ReinsuranceRecoverablesOnUnpaidLossesAllowance
0 USD
CY2019Q3 us-gaap Reinsurance Retention Policy Excess Retention Amount Reinsured
ReinsuranceRetentionPolicyExcessRetentionAmountReinsured
2178535000 USD
CY2019Q3 us-gaap Reinsurance Retention Policy Amount Retained
ReinsuranceRetentionPolicyAmountRetained
600000000 USD
CY2019Q3 us-gaap Reinsurance Retention Policy Excess Retention Amount Reinsured
ReinsuranceRetentionPolicyExcessRetentionAmountReinsured
2178535000 USD
CY2019Q3 mhld Reinsurance Recoverable For Paid And Unpaid Claims And Claims Adjustments Adverse Development Cover
ReinsuranceRecoverableForPaidAndUnpaidClaimsAndClaimsAdjustmentsAdverseDevelopmentCover
155000000 USD
CY2019Q3 mhld Reinsurance Recoverable For Paid And Unpaid Claims And Claims Adjustments Ceded Cumulative Losses
ReinsuranceRecoverableForPaidAndUnpaidClaimsAndClaimsAdjustmentsCededCumulativeLosses
445000000 USD
CY2021Q2 mhld Deferred Gain On Reinsurance
DeferredGainOnReinsurance
54254000 USD
CY2020Q4 mhld Deferred Gain On Reinsurance
DeferredGainOnReinsurance
74941000 USD
CY2019Q3 mhld Reinsurance Collateral By Third Party
ReinsuranceCollateralByThirdParty
445000000 USD
CY2021Q2 mhld Reinsurance Collateral By Third Party
ReinsuranceCollateralByThirdParty
430552000 USD
us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
The reserve for loss and LAE consists of: <div style="margin-bottom:6pt;margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"/><td style="width:69.324%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.532%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.955%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.532%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.957%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">June 30, 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td></tr><tr><td colspan="3" style="background-color:#ccffcc;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reserve for reported loss and LAE</span></div></td><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">906,833 </span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">998,691 </span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reserve for losses incurred but not reported ("IBNR")</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">767,757 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">894,608 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ccffcc;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reserve for loss and LAE</span></div></td><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td style="background-color:#ccffcc;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffcc;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,674,590 </span></td><td style="background-color:#ccffcc;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td style="background-color:#ccffcc;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffcc;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,893,299 </span></td><td style="background-color:#ccffcc;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The following table represents a reconciliation of our beginning and ending gross and net loss and LAE reserves: </span></div><div style="margin-bottom:6pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"/><td style="width:69.324%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.532%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.955%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.532%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.957%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">For the Six Months Ended June 30,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td></tr><tr><td colspan="3" style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross loss and LAE reserves, January 1</span></div></td><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,893,299 </span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,439,907 </span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less: reinsurance recoverable on unpaid losses, January 1</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">592,571 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">623,422 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ccffcc;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net loss and LAE reserves, January 1</span></div></td><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,300,728 </span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,816,485 </span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net incurred losses related to:</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ccffcc;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:20.25pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current year</span></div></td><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,393 </span></td><td style="background-color:#ccffcc;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32,687 </span></td><td style="background-color:#ccffcc;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:20.25pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prior years</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(18,361)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(593)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,968)</span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32,094 </span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net paid losses related to:</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ccffcc;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:20.25pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current year</span></div></td><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,479 </span></td><td style="background-color:#ccffcc;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,832)</span></td><td style="background-color:#ccffcc;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:20.25pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prior years</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(206,708)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(387,023)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(198,229)</span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(388,855)</span></td><td style="background-color:#ccffcc;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retroactive reinsurance adjustment</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20,687 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,410 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ccffcc;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Effect of foreign exchange rate movements</span></div></td><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11,177)</span></td><td style="background-color:#ccffcc;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7,408)</span></td><td style="background-color:#ccffcc;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net loss and LAE reserves, June 30</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,109,041 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,453,726 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ccffcc;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reinsurance recoverable on unpaid losses, June 30</span></td><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">565,549 </span></td><td style="background-color:#ccffcc;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffcc;padding:0 1pt"/><td colspan="2" style="background-color:#ccffcc;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">617,496 </span></td><td style="background-color:#ccffcc;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross loss and LAE reserves, June 30</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,674,590 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,071,222 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2021Q2 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Reported Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseReportedClaimsAmount
906833000 USD
CY2020Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Reported Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseReportedClaimsAmount
998691000 USD
CY2021Q2 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmount
767757000 USD
CY2020Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmount
894608000 USD
CY2021Q2 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
1674590000 USD
CY2020Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
1893299000 USD
CY2020Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
1893299000 USD
CY2019Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
2439907000 USD
CY2020Q4 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
592571000 USD
CY2019Q4 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
623422000 USD
CY2020Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
1300728000 USD
CY2019Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
1816485000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
15393000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
32687000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-18361000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-593000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
-2968000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
32094000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
-8479000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
206708000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
387023000 USD
us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
198229000 USD
us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
388855000 USD
mhld Liability For Unpaid Claims And Claims Adjustment Expense Retroactive Reinsurance Adjustment
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseRetroactiveReinsuranceAdjustment
-20687000 USD
mhld Liability For Unpaid Claims And Claims Adjustment Expense Retroactive Reinsurance Adjustment
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseRetroactiveReinsuranceAdjustment
-1410000 USD
mhld Liability For Unpaid Claims And Claims Adjustment Expense Foreign Currency Transaction And Translation Adjustment
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseForeignCurrencyTransactionAndTranslationAdjustment
11177000 USD
mhld Liability For Unpaid Claims And Claims Adjustment Expense Foreign Currency Transaction And Translation Adjustment
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseForeignCurrencyTransactionAndTranslationAdjustment
7408000 USD
CY2021Q2 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
1109041000 USD
CY2020Q2 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
1453726000 USD
CY2021Q2 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
565549000 USD
CY2020Q2 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
617496000 USD
CY2021Q2 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
1674590000 USD
CY2020Q2 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
2071222000 USD
CY2021Q2 mhld Liabilityfor Unpaid Claimsand Claims Adjustment Expense Period Increase Decrease Netof Commission Changes
LiabilityforUnpaidClaimsandClaimsAdjustmentExpensePeriodIncreaseDecreaseNetofCommissionChanges
-12807000 USD
mhld Liabilityfor Unpaid Claimsand Claims Adjustment Expense Period Increase Decrease Netof Commission Changes
LiabilityforUnpaidClaimsandClaimsAdjustmentExpensePeriodIncreaseDecreaseNetofCommissionChanges
-18361000 USD
CY2020Q2 mhld Liabilityfor Unpaid Claimsand Claims Adjustment Expense Period Increase Decrease Netof Commission Changes
LiabilityforUnpaidClaimsandClaimsAdjustmentExpensePeriodIncreaseDecreaseNetofCommissionChanges
-60000 USD
mhld Liabilityfor Unpaid Claimsand Claims Adjustment Expense Period Increase Decrease Netof Commission Changes
LiabilityforUnpaidClaimsandClaimsAdjustmentExpensePeriodIncreaseDecreaseNetofCommissionChanges
-593000 USD
mhld Liability For Unpaid Claims And Claims Adjustment Expense Retroactive Reinsurance Adjustment
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseRetroactiveReinsuranceAdjustment
-20687000 USD
mhld Liability For Unpaid Claims And Claims Adjustment Expense Retroactive Reinsurance Adjustment
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseRetroactiveReinsuranceAdjustment
-1410000 USD
CY2020Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
167975000 USD
CY2021Q2 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
167975000 USD
CY2021Q2 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
66351000 USD
CY2020Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
63313000 USD
CY2021Q2 us-gaap Other Commitment
OtherCommitment
8545000 USD
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.10
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
8112000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
9212000 USD
us-gaap Net Income Loss
NetIncomeLoss
17398000 USD
us-gaap Net Income Loss
NetIncomeLoss
30073000 USD
CY2021Q2 us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
18714000 USD
CY2020Q2 us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
0 USD
us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
81164000 USD
us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
0 USD
CY2021Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
198000 USD
CY2020Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
168000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1139000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
390000 USD
CY2021Q2 us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
26628000 USD
CY2021Q2 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
26628000 USD
CY2020Q2 us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
9044000 USD
CY2020Q2 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
9044000 USD
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
97423000 USD
us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
97423000 USD
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
29683000 USD
us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
29683000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
86230021 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84537385 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85684511 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83896804 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5351 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4382 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86235372 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84537385 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85688893 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83896804 shares
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5351 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4382 shares

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