HAMILTON, Bermuda, March 3, 2014 (GLOBE NEWSWIRE) -- Maiden Holdings, Ltd. (Nasdaq:MHLD) ("the Company" or "Maiden") today announced that Patrick Haveron has been appointed President of Maiden Insurance Company Ltd. with responsibility for the oversight, management and continued development of Maiden's Bermuda reinsurance company. He will continue to report to Art Raschbaum, Chief Executive Officer of the Company. Mr. Haveron remains an Executive Vice President of Maiden Holdings, Ltd. and will continue to serve in that capacity.
About Maiden Holdings, Ltd.
Maiden Holdings, Ltd. is a Bermuda-based holding company formed in 2007. Through its subsidiaries, which are each A- rated (excellent) by A.M. Best, the Company is focused on providing non-catastrophic, customized reinsurance products and services to small and mid-size insurance companies in the United States and Europe. As of December 31, 2013, Maiden had $4.7 billion in assets and shareholders' equity of $1.1 billion.
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