2010 Q4 Form 10-K Financial Statement
#000144530512000650 Filed on March 13, 2012
Income Statement
Concept | 2010 Q4 | 2010 | 2009 |
---|---|---|---|
Revenue | $334.3M | $1.248B | $983.1M |
YoY Change | 25.58% | 26.94% | 134.19% |
Cost Of Revenue | $755.1M | $608.6M | |
YoY Change | 24.07% | ||
Gross Profit | $492.9M | $374.5M | |
YoY Change | 31.61% | ||
Gross Profit Margin | 39.5% | 38.1% | |
Selling, General & Admin | $104.4M | $364.6M | $263.2M |
YoY Change | 14.47% | 38.53% | 105.46% |
% of Gross Profit | 73.97% | 70.27% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.800M | $336.7M | $7.400M |
YoY Change | -10.0% | 4449.96% | 469.23% |
% of Gross Profit | 68.31% | 1.98% | |
Operating Expenses | $305.5M | $1.140B | $888.8M |
YoY Change | 27.77% | 28.24% | 122.42% |
Operating Profit | -$646.9M | -$514.3M | |
YoY Change | 25.79% | ||
Interest Expense | -$9.300M | -$37.00M | -$32.00M |
YoY Change | 2.2% | 15.63% | 2185.71% |
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | $0.00 | |
YoY Change | |||
Pretax Income | $19.50M | $71.19M | $62.40M |
YoY Change | 7.73% | 14.09% | 231.93% |
Income Tax | $300.0K | $1.330M | $1.344M |
% Of Pretax Income | 1.54% | 1.87% | 2.15% |
Net Earnings | $19.10M | $69.86M | $61.06M |
YoY Change | 14.37% | 14.42% | 224.78% |
Net Earnings / Revenue | 5.71% | 5.6% | 6.21% |
Basic Earnings Per Share | $0.99 | $0.88 | |
Diluted Earnings Per Share | $262.7K | $0.98 | $0.87 |
COMMON SHARES | |||
Basic Shares Outstanding | 70.80M shares | 69.65M shares | |
Diluted Shares Outstanding | 71.37M shares | 70.06M shares |
Balance Sheet
Concept | 2010 Q4 | 2010 | 2009 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $96.15M | $96.20M | $107.4M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $6.700M | $6.700M | $8.300M |
YoY Change | -19.28% | -19.28% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | $58.43M | ||
YoY Change | |||
Intangibles | $45.48M | ||
YoY Change | |||
Long-Term Investments | $2.048B | $2.048B | $1.835B |
YoY Change | 11.61% | 11.61% | 41.91% |
Other Assets | $89.80M | $89.80M | $144.9M |
YoY Change | -38.03% | -38.03% | -64.6% |
Total Long-Term Assets | $2.976B | $2.976B | $2.628B |
YoY Change | 13.25% | 13.25% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $6.700M | $6.700M | $8.300M |
Total Long-Term Assets | $2.976B | $2.976B | $2.628B |
Total Assets | $2.983B | $2.983B | $2.636B |
YoY Change | 13.14% | 13.14% | 23.84% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $56.40M | $56.40M | $62.90M |
YoY Change | -10.33% | -10.33% | 42.95% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $56.40M | $56.40M | $62.90M |
YoY Change | -10.33% | -10.33% | 42.95% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $215.2M | $215.2M | $215.1M |
YoY Change | 0.05% | 0.05% | |
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $215.2M | $215.2M | $215.1M |
YoY Change | 0.05% | 0.05% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $56.40M | $56.40M | $62.90M |
Total Long-Term Liabilities | $215.2M | $215.2M | $215.1M |
Total Liabilities | $2.232B | $2.232B | $1.960B |
YoY Change | 13.91% | 13.92% | 21.05% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $121.8M | ||
YoY Change | |||
Common Stock | $577.9M | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $3.801M | ||
YoY Change | |||
Treasury Stock Shares | 962.3K shares | ||
Shareholders Equity | $750.2M | $750.2M | $676.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.983B | $2.983B | $2.636B |
YoY Change | 13.14% | 13.14% | 23.84% |
Cashflow Statement
Concept | 2010 Q4 | 2010 | 2009 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $19.10M | $69.86M | $61.06M |
YoY Change | 14.37% | 14.42% | 224.78% |
Depreciation, Depletion And Amortization | $1.800M | $336.7M | $7.400M |
YoY Change | -10.0% | 4449.96% | 469.23% |
Cash From Operating Activities | $37.40M | $151.6M | $45.50M |
YoY Change | -34.04% | 233.16% | -92.29% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $2.875M | $1.749M | |
YoY Change | 64.38% | -974.5% | |
Acquisitions | $4.893M | $13.61M | |
YoY Change | -64.06% | ||
Other Investing Activities | -$212.8M | -$122.3M | -$171.7M |
YoY Change | 628.77% | -28.77% | -76.04% |
Cash From Investing Activities | -$212.8M | -$125.2M | -$173.4M |
YoY Change | 628.77% | -27.81% | -75.81% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $18.39M | $16.17M | |
YoY Change | 13.77% | ||
Common Stock Issuance & Retirement, Net | $52.00K | $129.0K | |
YoY Change | -59.69% | ||
Debt Paid & Issued, Net | $0.00 | ||
YoY Change | |||
Cash From Financing Activities | 2.200M | -$37.24M | $102.4M |
YoY Change | -114.86% | -136.38% | -54.24% |
NET CHANGE | |||
Cash From Operating Activities | 37.40M | $151.6M | $45.50M |
Cash From Investing Activities | -212.8M | -$125.2M | -$173.4M |
Cash From Financing Activities | 2.200M | -$37.24M | $102.4M |
Net Change In Cash | -173.2M | -$10.85M | -$25.55M |
YoY Change | -1463.78% | -57.53% | -126.43% |
FREE CASH FLOW | |||
Cash From Operating Activities | $37.40M | $151.6M | $45.50M |
Capital Expenditures | $2.875M | $1.749M | |
Free Cash Flow | $148.7M | $43.75M | |
YoY Change | 239.91% | -92.59% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2011Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
64059000 | USD |
CY2011Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
579004000 | USD |
CY2010Q4 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
14091000 | USD |
CY2011Q4 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
13215000 | USD |
CY2010Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
54334000 | USD |
CY2010Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
577135000 | USD |
CY2011 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
1307000 | USD |
CY2010 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
1015000 | USD |
CY2009 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
627000 | USD |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
188082000 | USD |
CY2011Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
732000 | USD |
CY2011Q4 | us-gaap |
Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
|
248436000 | USD |
CY2011Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
1398438000 | USD |
CY2011Q4 | us-gaap |
Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
|
167975000 | USD |
CY2011Q4 | us-gaap |
Minority Interest
MinorityInterest
|
338000 | USD |
CY2011Q4 | us-gaap |
Other Investments
OtherInvestments
|
2192000 | USD |
CY2011Q4 | us-gaap |
Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
|
382670000 | USD |
CY2011Q4 | us-gaap |
Reinsurance Recoverables
ReinsuranceRecoverables
|
20289000 | USD |
CY2011Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
114895000 | USD |
CY2011Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
128648000 | USD |
CY2011Q4 | us-gaap |
Senior Notes
SeniorNotes
|
107500000 | USD |
CY2011Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
3801000 | USD |
CY2011Q4 | mhld |
Accrued Expenses And Other Liabilities
AccruedExpensesAndOtherLiabilities
|
121198000 | USD |
CY2011Q4 | mhld |
Goodwill And Intangible Assets Net
GoodwillAndIntangibleAssetsNet
|
98755000 | USD |
CY2009 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
6590000 | USD |
CY2011 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5033000 | USD |
CY2010 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5808000 | USD |
CY2011Q4 | us-gaap |
Assets
Assets
|
3354426000 | USD |
CY2010Q4 | us-gaap |
Assets
Assets
|
2982562000 | USD |
CY2009 | us-gaap |
Assumed Premiums Written
AssumedPremiumsWritten
|
1048676000 | USD |
CY2010 | us-gaap |
Assumed Premiums Written
AssumedPremiumsWritten
|
1298055000 | USD |
CY2011 | us-gaap |
Assumed Premiums Written
AssumedPremiumsWritten
|
1812597000 | USD |
CY2010Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
1819775000 | USD |
CY2011Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
1957106000 | USD |
CY2011Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
2020661000 | USD |
CY2010Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
1874433000 | USD |
CY2011 | us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
1609986000 | USD |
CY2009 | us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
920744000 | USD |
CY2010 | us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
1176853000 | USD |
CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
96151000 | USD |
CY2009Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
107396000 | USD |
CY2008Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
131897000 | USD |
CY2009 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-24501000 | USD |
CY2011 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
91931000 | USD |
CY2010 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-11245000 | USD |
CY2011Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2010Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2010 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.265 | |
CY2011 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.30 | |
CY2009 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
CY2011Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2010Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2011Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
73183764 | shares |
CY2010Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
73069436 | shares |
CY2010Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
72107100 | shares |
CY2011Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
72221428 | shares |
CY2010Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
731000 | USD |
CY2010 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
91453000 | USD |
CY2009 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
138304000 | USD |
CY2011 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
38249000 | USD |
CY2011 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-6000 | USD |
CY2009 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
0 | USD |
CY2010 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-4000 | USD |
CY2010 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
91449000 | USD |
CY2009 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
138304000 | USD |
CY2011 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
38243000 | USD |
CY2009 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD |
CY2010 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
160000 | USD |
CY2011 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
632000 | USD |
CY2009 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1344000 | USD |
CY2010 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1170000 | USD |
CY2011 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1295000 | USD |
CY2010Q4 | us-gaap |
Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
|
203631000 | USD |
CY2011 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
8599000 | USD |
CY2009 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
7359000 | USD |
CY2010 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
7205000 | USD |
CY2011 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
21651000 | USD |
CY2010 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
18872000 | USD |
CY2009 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
17221000 | USD |
CY2009 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.88 | |
CY2011 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.40 | |
CY2010 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.99 | |
CY2010 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.98 | |
CY2009 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.87 | |
CY2011 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.39 | |
CY2011 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-3130000 | USD |
CY2009 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
1052000 | USD |
CY2010 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-392000 | USD |
CY2010 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-580000 | USD |
CY2009 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
2454000 | USD |
CY2011 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
323000 | USD |
CY2011Q4 | us-gaap |
Funds Held Under Reinsurance Agreements Asset
FundsHeldUnderReinsuranceAgreementsAsset
|
42605000 | USD |
CY2010Q4 | us-gaap |
Funds Held Under Reinsurance Agreements Asset
FundsHeldUnderReinsuranceAgreementsAsset
|
152713000 | USD |
CY2010 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
6604000 | USD |
CY2011 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
481000 | USD |
CY2009 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
270000 | USD |
CY2009 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
32135000 | USD |
CY2010 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
42180000 | USD |
CY2011 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
53892000 | USD |
CY2010 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
71192000 | USD |
CY2011 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
30454000 | USD |
CY2009 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
62402000 | USD |
CY2010 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1330000 | USD |
CY2009 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1344000 | USD |
CY2011 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1927000 | USD |
CY2009 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
CY2010 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
129000 | USD |
CY2011Q4 | us-gaap |
Investments
Investments
|
2022853000 | USD |
CY2010Q4 | us-gaap |
Junior Subordinated Notes
JuniorSubordinatedNotes
|
215191000 | USD |
CY2011Q4 | us-gaap |
Junior Subordinated Notes
JuniorSubordinatedNotes
|
126263000 | USD |
CY2011 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
429000 | USD |
CY2009 | us-gaap |
Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
1022000 | USD |
CY2010 | us-gaap |
Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
2686000 | USD |
CY2011 | us-gaap |
Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
-836000 | USD |
CY2009 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-12688000 | USD |
CY2011 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-26324000 | USD |
CY2010 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
6833000 | USD |
CY2011 | us-gaap |
Increase Decrease In Client Funds Held
IncreaseDecreaseInClientFundsHeld
|
-16074000 | USD |
CY2010 | us-gaap |
Increase Decrease In Client Funds Held
IncreaseDecreaseInClientFundsHeld
|
152713000 | USD |
CY2009 | us-gaap |
Increase Decrease In Client Funds Held
IncreaseDecreaseInClientFundsHeld
|
0 | USD |
CY2009 | us-gaap |
Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
|
68467000 | USD |
CY2010 | us-gaap |
Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
|
30648000 | USD |
CY2011 | us-gaap |
Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
|
45037000 | USD |
CY2011 | us-gaap |
Increase Decrease In Loss And Loss Adjustment Expense Reserve
IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve
|
-176869000 | USD |
CY2009 | us-gaap |
Increase Decrease In Loss And Loss Adjustment Expense Reserve
IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve
|
-105909000 | USD |
CY2010 | us-gaap |
Increase Decrease In Loss And Loss Adjustment Expense Reserve
IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve
|
-220932000 | USD |
CY2009 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-3376000 | USD |
CY2011 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
14344000 | USD |
CY2010 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-1583000 | USD |
CY2011 | us-gaap |
Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
|
143699000 | USD |
CY2009 | us-gaap |
Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
|
142363000 | USD |
CY2010 | us-gaap |
Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
|
29036000 | USD |
CY2011 | us-gaap |
Increase Decrease In Prepaid Reinsurance Premiums
IncreaseDecreaseInPrepaidReinsurancePremiums
|
6389000 | USD |
CY2009 | us-gaap |
Increase Decrease In Prepaid Reinsurance Premiums
IncreaseDecreaseInPrepaidReinsurancePremiums
|
28752000 | USD |
CY2010 | us-gaap |
Increase Decrease In Prepaid Reinsurance Premiums
IncreaseDecreaseInPrepaidReinsurancePremiums
|
240000 | USD |
CY2010 | us-gaap |
Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
|
-1684000 | USD |
CY2011 | us-gaap |
Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
|
13632000 | USD |
CY2009 | us-gaap |
Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
|
8340000 | USD |
CY2010 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-55657000 | USD |
CY2011 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
25139000 | USD |
CY2009 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-264333000 | USD |
CY2010 | us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
68413000 | USD |
CY2011 | us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
178436000 | USD |
CY2009 | us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
137625000 | USD |
CY2011 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
34155000 | USD |
CY2009 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
34431000 | USD |
CY2010 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
36466000 | USD |
CY2011 | us-gaap |
Interest Paid
InterestPaid
|
-36850000 | USD |
CY2010 | us-gaap |
Interest Paid
InterestPaid
|
-36400000 | USD |
CY2009 | us-gaap |
Interest Paid
InterestPaid
|
-26794000 | USD |
CY2010 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
71651000 | USD |
CY2011 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
74891000 | USD |
CY2009 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
62957000 | USD |
CY2010Q4 | us-gaap |
Investments
Investments
|
1880280000 | USD |
CY2011Q4 | us-gaap |
Liabilities
Liabilities
|
2585446000 | USD |
CY2010Q4 | us-gaap |
Liabilities
Liabilities
|
2232113000 | USD |
CY2011Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3354426000 | USD |
CY2010Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2982562000 | USD |
CY2010Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
1226773000 | USD |
CY2009 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
45497000 | USD |
CY2010Q4 | us-gaap |
Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
|
167975000 | USD |
CY2010Q4 | us-gaap |
Minority Interest
MinorityInterest
|
275000 | USD |
CY2011 | us-gaap |
Minority Interest Increase From Stock Issuance
MinorityInterestIncreaseFromStockIssuance
|
210000 | USD |
CY2011 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization</font></div><div style="line-height:100%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> </font></div><div style="line-height:100%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Maiden Holdings, Ltd. (sometimes referred to as “Maiden Holdings” or “Parent Company”) is a Bermuda-based holding company formed in June 2007, primarily focused on serving the needs of regional and specialty insurers in the United States and Europe by providing innovative reinsurance solutions designed to support their capital needs. Together with its subsidiaries (collectively referred to as the “Company”, "we" or “Maiden”), Maiden specializes in reinsurance solutions that optimize financing by providing coverage within the more predictable and actuarially credible lower layers of coverage and/or reinsure risks that are believed to be lower hazard, more predictable and generally not susceptible to catastrophe claims. Our tailored solutions include a variety of value added services focused on helping our clients grow and prosper. Our principal operating subsidiaries in Bermuda and the United States are rated “A-” (Excellent) with a stable outlook by A.M. Best Company (“A.M. Best”), which rating is the fourth highest of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">16</font><font style="font-family:inherit;font-size:10pt;"> rating levels, and BBB+ (Good) with a stable outlook by Standard & Poor's, which is the sixth highest of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">21</font><font style="font-family:inherit;font-size:10pt;"> rating levels.</font></div><div style="line-height:100%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:100%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We provide reinsurance through our wholly-owned subsidiaries, Maiden Reinsurance Company (“Maiden US”) and Maiden Insurance Company Ltd. (“Maiden Bermuda”) and have operations in United States and Bermuda, respectively. On a more limited basis, Maiden Specialty Insurance Company (“Maiden Specialty”), a wholly owned subsidiary of Maiden US, provides primary insurance on a surplus lines basis focusing on non-catastrophe property and inland marine. Maiden Bermuda does not underwrite any primary insurance business. Internationally, we provide reinsurance-related services through Maiden Global Holdings, Ltd. (“Maiden Global”) and its subsidiaries. Maiden Global primarily focuses on providing branded auto and credit life insurance products through its insurer partners to retail customers in the European Union and other global markets, which also produce reinsurance programs which are underwritten by Maiden Bermuda. Certain international credit life business is also written directly by Maiden Life Försäkrings AB (“Maiden LF”), a wholly owned subsidiary of Maiden Holdings, as part of Maiden Global’s service offerings.</font></div></div> | |
CY2011 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-99535000 | USD |
CY2010 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-37239000 | USD |
CY2009 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
102375000 | USD |
CY2010 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-125193000 | USD |
CY2009 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-173425000 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
13248000 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
181348000 | USD |
CY2010 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
151579000 | USD |
CY2011 | us-gaap |
Net Income Loss
NetIncomeLoss
|
28524000 | USD |
CY2009 | us-gaap |
Net Income Loss
NetIncomeLoss
|
61058000 | USD |
CY2010 | us-gaap |
Net Income Loss
NetIncomeLoss
|
69866000 | USD |
CY2009 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2010 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-4000 | USD |
CY2011 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3000 | USD |
CY2010 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
-4000 | USD |
CY2011 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
3000 | USD |
CY2009 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
0 | USD |
CY2010 | us-gaap |
Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
|
17806000 | USD |
CY2009 | us-gaap |
Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
|
0 | USD |
CY2011 | us-gaap |
Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
|
81930000 | USD |
CY2011Q4 | us-gaap |
Other Assets
OtherAssets
|
19270000 | USD |
CY2010Q4 | us-gaap |
Other Assets
OtherAssets
|
12079000 | USD |
CY2009 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
0 | USD |
CY2011 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
733000 | USD |
CY2010 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
-420000 | USD |
CY2010 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
21587000 | USD |
CY2009 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
77246000 | USD |
CY2011 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
9716000 | USD |
CY2011 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-9000 | USD |
CY2010 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
0 | USD |
CY2009 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
0 | USD |
CY2009 | us-gaap |
Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
|
270000 | USD |
CY2010 | us-gaap |
Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
|
8147000 | USD |
CY2011 | us-gaap |
Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
|
3206000 | USD |
CY2011 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
12189000 | USD |
CY2010 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
30154000 | USD |
CY2009 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
77516000 | USD |
CY2010 | us-gaap |
Other Income
OtherIncome
|
0 | USD |
CY2011 | us-gaap |
Other Income
OtherIncome
|
12640000 | USD |
CY2009 | us-gaap |
Other Income
OtherIncome
|
0 | USD |
CY2010Q4 | us-gaap |
Other Investments
OtherInvestments
|
5847000 | USD |
CY2011Q4 | us-gaap |
Other Investments And Securities At Cost
OtherInvestmentsAndSecuritiesAtCost
|
1955000 | USD |
CY2010Q4 | us-gaap |
Other Investments And Securities At Cost
OtherInvestmentsAndSecuritiesAtCost
|
5751000 | USD |
CY2011 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
2811000 | USD |
CY2009 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD |
CY2010 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD |
CY2011 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
20921000 | USD |
CY2010 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
18394000 | USD |
CY2009 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
16167000 | USD |
CY2010 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
1010142000 | USD |
CY2011 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
636141000 | USD |
CY2009 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
891332000 | USD |
CY2009 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
13613000 | USD |
CY2010 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
4893000 | USD |
CY2011 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
-635000 | USD |
CY2010 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
424000 | USD |
CY2009 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
139000 | USD |
CY2011 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
1173000 | USD |
CY2009 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1749000 | USD |
CY2011 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1538000 | USD |
CY2010 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2875000 | USD |
CY2009 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
0 | USD |
CY2010 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
1293386000 | USD |
CY2011 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
663339000 | USD |
CY2011 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
1043054000 | USD |
CY2009 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
608613000 | USD |
CY2010 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
755122000 | USD |
CY2010 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
1169790000 | USD |
CY2009 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
919919000 | USD |
CY2011 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
1552428000 | USD |
CY2010Q4 | us-gaap |
Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
|
226333000 | USD |
CY2009 | us-gaap |
Premiums Written Net
PremiumsWrittenNet
|
1030374000 | USD |
CY2011 | us-gaap |
Premiums Written Net
PremiumsWrittenNet
|
1723521000 | USD |
CY2010 | us-gaap |
Premiums Written Net
PremiumsWrittenNet
|
1227831000 | USD |
CY2011Q4 | us-gaap |
Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
|
35381000 | USD |
CY2010Q4 | us-gaap |
Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
|
28992000 | USD |
CY2009 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
129000 | USD |
CY2011 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
422000 | USD |
CY2010 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
52000 | USD |
CY2010 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
0 | USD |
CY2011 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
107500000 | USD |
CY2009 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
0 | USD |
CY2010 | us-gaap |
Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
|
0 | USD |
CY2011 | us-gaap |
Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
|
0 | USD |
CY2009 | us-gaap |
Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
|
260000000 | USD |
CY2009 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
268429000 | USD |
CY2011 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
310526000 | USD |
CY2010 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
507326000 | USD |
CY2009 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | USD |
CY2010 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
279000 | USD |
CY2011 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | USD |
CY2011 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-76225000 | USD |
CY2009 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-137245000 | USD |
CY2010 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-19176000 | USD |
CY2011 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
4818000 | USD |
CY2010 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
108000 | USD |
CY2009 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
153000 | USD |
CY2009 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
200493000 | USD |
CY2010 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
331593000 | USD |
CY2011 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
304499000 | USD |
CY2009 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
0 | USD |
CY2010 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
1291843000 | USD |
CY2011 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
720100000 | USD |
CY2009 | us-gaap |
Profit Loss
ProfitLoss
|
61058000 | USD |
CY2010 | us-gaap |
Profit Loss
ProfitLoss
|
69862000 | USD |
CY2011 | us-gaap |
Profit Loss
ProfitLoss
|
28527000 | USD |
CY2010Q4 | us-gaap |
Reinsurance Recoverables
ReinsuranceRecoverables
|
6656000 | USD |
CY2011 | us-gaap |
Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
|
107500000 | USD |
CY2009 | us-gaap |
Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
|
0 | USD |
CY2010 | us-gaap |
Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
|
0 | USD |
CY2010Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
89756000 | USD |
CY2010Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
121775000 | USD |
CY2009 | us-gaap |
Revenues
Revenues
|
983146000 | USD |
CY2011 | us-gaap |
Revenues
Revenues
|
1640440000 | USD |
CY2010 | us-gaap |
Revenues
Revenues
|
1248045000 | USD |
CY2010Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
76225000 | USD |
CY2011Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
0 | USD |
CY2010Q4 | us-gaap |
Senior Notes
SeniorNotes
|
0 | USD |
CY2010 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
279000 | USD |
CY2010 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
0 | USD |
CY2011 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
422000 | USD |
CY2010 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
52000 | USD |
CY2009 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
45057000 | USD |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
768642000 | USD |
CY2010Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
750174000 | USD |
CY2011Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
768980000 | USD |
CY2010Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
750449000 | USD |
CY2009Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
676526000 | USD |
CY2008Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
509759000 | USD |
CY2011Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
962336 | shares |
CY2010Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
962336 | shares |
CY2010Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
3801000 | USD |
CY2010Q4 | us-gaap |
Unearned Premiums
UnearnedPremiums
|
657556000 | USD |
CY2011Q4 | us-gaap |
Unearned Premiums
UnearnedPremiums
|
832047000 | USD |
CY2009 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
70060197 | shares |
CY2011 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
72903688 | shares |
CY2010 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
71372688 | shares |
CY2011 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
72155503 | shares |
CY2010 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
70799966 | shares |
CY2009 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
69646804 | shares |
CY2009 | mhld |
Accelerated Amortization Of Junior Subordinated Debt Discount And Issuance Cost
AcceleratedAmortizationOfJuniorSubordinatedDebtDiscountAndIssuanceCost
|
0 | USD |
CY2011 | mhld |
Accelerated Amortization Of Junior Subordinated Debt Discount And Issuance Cost
AcceleratedAmortizationOfJuniorSubordinatedDebtDiscountAndIssuanceCost
|
20313000 | USD |
CY2010 | mhld |
Accelerated Amortization Of Junior Subordinated Debt Discount And Issuance Cost
AcceleratedAmortizationOfJuniorSubordinatedDebtDiscountAndIssuanceCost
|
0 | USD |
CY2010 | mhld |
Accretion Amortization Of Discounts Premiums Investments And Share Based Compensation
AccretionAmortizationOfDiscountsPremiumsInvestmentsAndShareBasedCompensation
|
-3586000 | USD |
CY2009 | mhld |
Accretion Amortization Of Discounts Premiums Investments And Share Based Compensation
AccretionAmortizationOfDiscountsPremiumsInvestmentsAndShareBasedCompensation
|
-5474000 | USD |
CY2011 | mhld |
Accretion Amortization Of Discounts Premiums Investments And Share Based Compensation
AccretionAmortizationOfDiscountsPremiumsInvestmentsAndShareBasedCompensation
|
22236000 | USD |
CY2010Q4 | mhld |
Accrued Expenses And Other Liabilities
AccruedExpensesAndOtherLiabilities
|
56368000 | USD |
CY2009 | mhld |
Additional Paid In Capital Non Cash
AdditionalPaidInCapitalNonCash
|
-44928000 | USD |
CY2010 | mhld |
Additional Paid In Capital Non Cash
AdditionalPaidInCapitalNonCash
|
18000 | USD |
CY2011 | mhld |
Additional Paid In Capital Non Cash
AdditionalPaidInCapitalNonCash
|
0 | USD |
CY2010 | mhld |
Change In Unearned Premiums
ChangeInUnearnedPremiums
|
-58041000 | USD |
CY2009 | mhld |
Change In Unearned Premiums
ChangeInUnearnedPremiums
|
-110455000 | USD |
CY2011 | mhld |
Change In Unearned Premiums
ChangeInUnearnedPremiums
|
-171093000 | USD |
CY2009 | mhld |
Commissions And Other Underwriting Expense
CommissionsAndOtherUnderwritingExpense
|
241429000 | USD |
CY2011 | mhld |
Commissions And Other Underwriting Expense
CommissionsAndOtherUnderwritingExpense
|
438812000 | USD |
CY2010 | mhld |
Commissions And Other Underwriting Expense
CommissionsAndOtherUnderwritingExpense
|
336697000 | USD |
CY2009 | mhld |
Discount On Junior Subordinated Debt
DiscountOnJuniorSubordinatedDebt
|
44928000 | USD |
CY2010 | mhld |
Discount On Junior Subordinated Debt
DiscountOnJuniorSubordinatedDebt
|
0 | USD |
CY2011 | mhld |
Discount On Junior Subordinated Debt
DiscountOnJuniorSubordinatedDebt
|
0 | USD |
CY2009 | mhld |
Expenses Incurred In Repurchase Of Junior Subordinated Debt
ExpensesIncurredInRepurchaseOfJuniorSubordinatedDebt
|
0 | USD |
CY2010 | mhld |
Expenses Incurred In Repurchase Of Junior Subordinated Debt
ExpensesIncurredInRepurchaseOfJuniorSubordinatedDebt
|
0 | USD |
CY2011 | mhld |
Expenses Incurred In Repurchase Of Junior Subordinated Debt
ExpensesIncurredInRepurchaseOfJuniorSubordinatedDebt
|
15050000 | USD |
CY2011 | mhld |
Funds Withheld
FundsWithheld
|
-81930000 | USD |
CY2010 | mhld |
Funds Withheld
FundsWithheld
|
0 | USD |
CY2009 | mhld |
Funds Withheld
FundsWithheld
|
0 | USD |
CY2010Q4 | mhld |
Goodwill And Intangible Assets Net
GoodwillAndIntangibleAssetsNet
|
103905000 | USD |
CY2011 | mhld |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
8983000 | USD |
CY2010 | mhld |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
22007000 | USD |
CY2009 | mhld |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
77246000 | USD |
CY2010 | mhld |
Payments Of Subordinated Debt Issuance Cost
PaymentsOfSubordinatedDebtIssuanceCost
|
0 | USD |
CY2009 | mhld |
Payments Of Subordinated Debt Issuance Cost
PaymentsOfSubordinatedDebtIssuanceCost
|
4342000 | USD |
CY2011 | mhld |
Payments Of Subordinated Debt Issuance Cost
PaymentsOfSubordinatedDebtIssuanceCost
|
0 | USD |
CY2010 | mhld |
Purchase Of Other Investment Non Cash
PurchaseOfOtherInvestmentNonCash
|
-4751000 | USD |
CY2009 | mhld |
Purchase Of Other Investment Non Cash
PurchaseOfOtherInvestmentNonCash
|
0 | USD |
CY2011 | mhld |
Purchase Of Other Investment Non Cash
PurchaseOfOtherInvestmentNonCash
|
0 | USD |
CY2011 | mhld |
Redemption Of Other Investment Non Cash
RedemptionOfOtherInvestmentNonCash
|
0 | USD |
CY2010 | mhld |
Redemption Of Other Investment Non Cash
RedemptionOfOtherInvestmentNonCash
|
-4751000 | USD |
CY2009 | mhld |
Redemption Of Other Investment Non Cash
RedemptionOfOtherInvestmentNonCash
|
0 | USD |
CY2010 | mhld |
Reinsurance Balances Receivable Non Cash
ReinsuranceBalancesReceivableNonCash
|
-17806000 | USD |
CY2011 | mhld |
Reinsurance Balances Receivable Non Cash
ReinsuranceBalancesReceivableNonCash
|
0 | USD |
CY2009 | mhld |
Reinsurance Balances Receivable Non Cash
ReinsuranceBalancesReceivableNonCash
|
0 | USD |
CY2011 | mhld |
Statutory Requirements Note Block
StatutoryRequirementsNoteBlock
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Statutory Financial Information </font></div><div style="line-height:100%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:100%;text-align:justify;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under The Insurance Act 1978 (Bermuda), amendments thereto and related regulations (the “Insurance Act”), Maiden Bermuda is required to prepare Statutory Financial Statements and to file a Statutory Financial Return in Bermuda. The Insurance Act also requires Maiden Bermuda to maintain a minimum share capital of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$120</font><font style="font-family:inherit;font-size:10pt;">. To satisfy these requirements, the statutory capital and surplus of Maiden Bermuda at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 31, 2011</font><font style="font-family:inherit;font-size:10pt;"> was approximately </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$693,435</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2010</font><font style="font-family:inherit;font-size:10pt;"> – </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$670,060</font><font style="font-family:inherit;font-size:10pt;">) and the amount required to be maintained under Bermuda law, the Minimum Solvency Margin, was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$226,468</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2010</font><font style="font-family:inherit;font-size:10pt;"> – </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$164,593</font><font style="font-family:inherit;font-size:10pt;">) at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 31, 2011</font><font style="font-family:inherit;font-size:10pt;">. Maiden Bermuda was also required to maintain a minimum liquidity ratio. All requirements were met by Maiden Bermuda throughout the period. In addition, Maiden Bermuda is subject to statutory and regulatory restrictions under the Insurance Act that limit the maximum amount of annual dividends or distributions to be paid by Maiden Bermuda to Maiden Holdings without notification to the Bermuda Monetary Authority of such payment (and in certain cases prior approval of the Bermuda Monetary Authority). Maiden Bermuda is also restricted to pay dividends that would result in Maiden Bermuda failing to comply with the enhanced capital requirement ("ECR") as calculated based on the Bermuda Solvency Requirement ("BSCR"). Maiden Bermuda is currently completing its BSCR as at December 31, 2011 and it is anticipated Maiden Bermuda will be allowed to pay dividends or distributions not exceeding </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$3,843</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:100%;text-align:left;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:100%;text-align:justify;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Maiden Bermuda is registered as a Class 3B reinsurer under the Insurance Act and therefore must maintain capital at a level equal to its ECR which is established by reference to the BSCR model. The BSCR employs a standard mathematical model that correlates the risk underwritten to the capital that is dedicated to the business. The regulatory requirements are designed to have insurers operate at or above a threshold capital level, which exceeds the BSCR. While not specifically referred to in the Insurance Act, the BMA has established a target capital level (“TCL”) for each Class 3B insurer equal to 120% of its ECR. While a Class 3B insurer is not currently required to maintain its statutory capital and surplus at this level, the TCL serves as an early warning tool for the BMA and failure to maintain statutory capital at least equal to the TCL will likely result in increased BMA regulatory oversight. Maiden Bermuda is currently completing its BSCR as at December 31, 2011 and believes that it exceeds the ECR level of required capital. </font></div><div style="line-height:100%;text-align:justify;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:100%;text-align:justify;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For Bermuda registered insurance companies, there are some differences between financial statements prepared in accordance with U.S. GAAP and those prepared on a statutory basis. Certain assets are non-admitted under Bermuda regulations and so deferred commission and other acquisition expenses have been fully expensed and prepaid expenses and fixed assets removed from the statutory balance sheet. </font></div><div style="line-height:100%;text-align:justify;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:100%;text-align:justify;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company’s insurance subsidiaries in United States, Maiden US and Maiden Specialty, file financial statements in accordance with statutory accounting practices (“SAP”) prescribed or permitted by domestic or foreign insurance regulatory authorities. The differences between statutory financial statements and financial statements prepared in accordance with GAAP vary between domestic and foreign jurisdictions. The principal differences relate to (1) acquisition expenses incurred in connection with acquiring new business which are charged to expense under SAP but under GAAP are deferred and amortized as the related premiums are earned; (2) limitation on net deferred tax assets created by the tax effects of temporary differences; (3) unpaid losses and loss expense, and unearned premium reserves are presented gross of reinsurance with a corresponding asset recorded; and (4) fixed maturity portfolios that qualify as available-for-sale are carried at fair value and changes in fair value are reflected directly in unassigned surplus, net of related deferred taxes. </font></div><div style="line-height:100%;text-align:left;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:100%;text-align:justify;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Without prior approval of its domiciliary commissioner, dividends to shareholders are limited by the laws of the US companies’ state of domicile, Missouri and North Carolina, to the greater of 10% of statutory policyholders’ surplus as at the preceding December 31, or net income, less net realized capital gain on investments, for the 12-month period ending December 31 of the preceding year. Accordingly, the maximum dividend payments that can be made in the next year without prior approval by the Missouri Department of Insurance and North Carolina Department of Insurance is </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$0</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$3,628</font><font style="font-family:inherit;font-size:10pt;">, respectively. </font></div><div style="line-height:100%;text-align:justify;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:100%;text-align:justify;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company’s insurance subsidiary in Sweden, Maiden LF, is regulated by the Swedish Finansinspektionen (“Swedish FSA”). Maiden LF was required to maintain a minimum level of statutory capital and surplus of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$4,536</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">December 31, 2011</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">2010</font><font style="font-family:inherit;font-size:10pt;"> - </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$4,953</font><font style="font-family:inherit;font-size:10pt;">). This requirement was met by Maiden LF throughout the period. The statutory assets were approximately </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$31,761</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">2010</font><font style="font-family:inherit;font-size:10pt;"> - </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$47,334</font><font style="font-family:inherit;font-size:10pt;">). Maiden LF is subject to statutory and regulatory restrictions under the Swedish FSA that limit the maximum amount of annual dividends or distributions paid by Maiden LF to the Company. As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">December 31, 2011</font><font style="font-family:inherit;font-size:10pt;">, Maiden LF is allowed to pay dividends or distributions not exceeding the capital surplus of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$1,385</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:100%;text-align:justify;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:100%;text-align:justify;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Statutory and GAAP equity and net income of the Company's insurance and reinsurance subsidiaries were as follows: </font></div><div style="line-height:100%;text-align:left;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="41%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Maiden Bermuda</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Maiden US</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Maiden Specialty</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Maiden LF</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Statutory Capital and Surplus</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As at December 31, 2011</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">693,435</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">268,055</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,280</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,866</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As at December 31, 2010</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">670,060</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">262,724</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,693</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,755</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:21px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:21px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:21px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:21px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:21px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:21px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:21px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:21px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Statutory Net Income (Loss)</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the Year Ended December 31, 2011</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,070</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,684</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">119</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">753</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the Year Ended December 31, 2010</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">89,562</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,268</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,675</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">486</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the Year Ended December 31, 2009</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,937</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,826</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,680</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">—</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> | |
CY2010 | mhld |
Value Of Stock Issued In Noncash Financing Activities
ValueOfStockIssuedInNoncashFinancingActivities
|
-18000 | USD |
CY2011 | mhld |
Value Of Stock Issued In Noncash Financing Activities
ValueOfStockIssuedInNoncashFinancingActivities
|
0 | USD |
CY2009 | mhld |
Value Of Stock Issued In Noncash Financing Activities
ValueOfStockIssuedInNoncashFinancingActivities
|
0 | USD |
CY2011 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2011 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2011 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2011 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2011 | |
CY2011 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2011-12-31 | |
CY2011 | dei |
Document Type
DocumentType
|
10-K | |
CY2011 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001412100 | |
CY2012Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
72221999 | shares |
CY2011 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2011 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
CY2011Q2 | dei |
Entity Public Float
EntityPublicFloat
|
471035601000 | USD |
CY2011 | dei |
Entity Registrant Name
EntityRegistrantName
|
MAIDEN HOLDINGS, LTD. | |
CY2011 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2011 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2011 | dei |
Trading Symbol
TradingSymbol
|
MHLD |