Maiden shares plunge as investors punish AmTrust reserve charge

Wall St, NY

Shares in Maiden plunged by as much as 16 percent in early morning trading in New York as investors pummelled the Bermudian reinsurer for a $139mn reserve charge on a book of business written by its sister company AmTrust.

Want to read this article?

Register your details for FREE access to this article - and ALL our premium content

You will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

 

If you have already registered you can SIGN IN now