Maiden Holdings: Plunges on bigger Q3 loss

Kestrel

12/11/2018 15:10

** Reinsurer's shares  MHLD.O  plunge 32.7 pct to $2.37 in
early trading after posting bigger Q3 loss
    ** Top pct loser among U.S. stocks, set to post its fourth
straight session of losses
    ** Says net loss and loss adjustment expenses rose 38 pct in
Q3 due to higher adverse loss development for the AmTrust
Reinsurance segment  urn:newsml:reuters.com:*:nGNXc3cL5X
    ** However, MHLD posts higher net premiums earned in the
quarter
    ** Stock has lost 63 pct YTD

 (Reporting by Amy Caren Daniel in Bengaluru)
 ((Reuters Messaging:
Amy.CarenDaniel.thomsonreuters.com@reuters.net))