trending Market Intelligence /marketintelligence/en/news-insights/trending/D99_yUWb-pZ4U2m4dHdvSQ2 content esgSubNav
In This List

Maiden Reinsurance to redomesticate to Vermont

Blog

Perspectives from China: The Shifting Regulatory Landscape

Blog

Anticipate the Unknown: Does Supply Chain Disruption Lead to Increased Credit Risk?

Blog

Data Stories: Data insights to help alleviate business complexity amid geopolitical risks

Blog

Expand Your Perspective: Data & Distribution Q&A


Maiden Reinsurance to redomesticate to Vermont

Maiden Holdings Ltd.'s principal operating subsidiary, Maiden Reinsurance Ltd., is redomesticating to Vermont from Bermuda.

The move, along with other actions taken to de-risk Maiden Holdings' balance sheet, is expected to strengthen the company's capital position and solvency ratios. The company intends to complete the redomestication process by Jan. 1, 2020, subject to regulatory approval in Bermuda and licensing approval in Vermont.

Maiden Holdings also intends to transfer the listing of its common shares to the Nasdaq Capital Market under the symbol MHLD, following a noncompliance notice from Nasdaq in April. The company's common shares will continue to trade on the Nasdaq Global Select Market while Nasdaq reviews its transfer application.