XML 43 R31.htm IDEA: XBRL DOCUMENT v3.25.2

Reserve for Loss and Loss Adjustment Expenses (Tables)

6 Months Ended

Jun. 30, 2025

Insurance [Abstract]

Schedule for Reserve for Loss and LAE and Schedule of Prior Period Development Experienced

The reserve for loss and LAE consists of:

						June 30, 2025
Reserve for reported loss and LAE						$	354,141
Reserve for losses incurred but not reported ("IBNR")						369,291
Reserve for loss and LAE						$	723,432

The following table represents a reconciliation of our beginning and ending gross and net loss and LAE reserves:

For the Six Months Ended June 30,						2025
Gross loss and LAE reserves, January 1						$	—
Less: reinsurance recoverable on unpaid losses, January 1						—
Net loss and LAE reserves, January 1						—
Net incurred losses related to:
Current year						1,827
Prior years						(7,788)
						(5,961)
Net paid losses related to:
Current year						(391)
Prior years						(22,115)
						(22,506)
Net Maiden Legacy run-off business acquired						221,109
Effect of foreign exchange rate movements						10,270
Net loss and LAE reserves, June 30						202,912
Reinsurance recoverable on unpaid losses, June 30						520,520
Gross loss and LAE reserves, June 30						$	723,432

The following table summarizes (favorable) adverse PPD for our Legacy Reinsurance segment for the three and six months ended June 30, 2025:

For the Three and Six Months Ended June 30,						2025
Prior Year Loss Development (favorable) adverse
Diversified Reinsurance legacy business						$	125
AmTrust Reinsurance legacy business						(7,913)
Total PPD for Legacy Reinsurance Segment						$	(7,788)

Schedule of Prior Year Loss Development for the AmTrust Reinsurance Legacy Operations

The table below shows PPD for the AmTrust Reinsurance legacy operations for the three and six months ended June 30, 2025:

For the Three and Six Months Ended June 30,						2025
Prior Year Loss Development (favorable) adverse
AmTrust Quota Share						$	(4,200)
LPT/ADC Agreement						(3,718)
European Hospital Liability Quota Share						5
Total AmTrust Reinsurance PPD						$	(7,913)

X

- Definition

Schedule of prior year loss development by line of business

+ References

No definition available.

+ Details

Name:	mhld_ScheduleOfPriorYearLossDevelopmentByLineOfBusinessTableTextBlock
Namespace Prefix:	mhld_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_InsuranceAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the activity in the reserve for settling insured claims and expenses incurred in the claims settlement process for the period. The estimated liability includes the amount of money that will be required for future payments of (a) claims that have been reported to the insurer, (b) claims related to insured events that have occurred but that have not been reported to the insurer as of the date the liability is estimated, and (c) claim adjustment expenses. Claim adjustment expenses include costs incurred in the claim settlement process such as legal fees; outside adjuster fees; and costs to record, process, and adjust claims.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480081/944-40-50-3

+ Details

Name:	us-gaap_ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration