Financial Data for
Maiden Specialty Insurance Company

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FEIN 56-1690558
NAIC# 37745
A.M. Best Rating A- (1/10)
State of Domicile North Carolina , USA
Location of Main
Admin. Offices		 Mt. Laurel, New Jersey
Incorporation Date 3/7/1990
Parent Maiden Reinsurance Company
Website http://www.gmacinsurance.com

YEAR20092008200720062005
Total Admitted Assets56,501,64355,078,56061,527,87954,924,79451,786,606
Total Liabilities28,960,61428,133,02536,372,53229,684,33933,798,757
Capital & Surplus27,541,02926,945,53525,155,34725,240,45517,987,849
Premiums and Agent's Balances4,390,7856,006,5057,137,6307,594,8703,355,311
Losses1,486,976278,348538,951375,957485,068
Loss Adjustment Expenses114,25464,98675,364176,805278,019
Underwriting Gain/Loss1,203,7811,939,6552,479,1602,821,551(2,998,436)
Net Income (Loss) After Tax1,679,5152,117,7991,991,0492,729,262(1,606,077)
Cash Flow From Operations(8,229,875)6,630,66113,290,515602,557(7,434,741)
Unrealized Capital Gains (Losses)00183,015566,2501,626
Gross Premium66,201,54079,765,23195,762,56578,785,85361,647,872
Net Premium3,524,1985,166,1536,683,7397,850,9991,153,428
Gross Premium to Surplus Ratio240.4% 296.0% 380.7% 312.1% 342.7%
Net Premium to Surplus Ratio12.8% 19.2% 26.6% 31.1% 6.4%
Direct Premium - National64,030,04579,765,23195,762,56578,785,85261,647,872
Direct Premium - Florida (Sch. T)6,625,43310,306,34914,695,17810,560,2332,003,296
% of Direct Premium in Florida10.3% 12.9% 15.3% 13.4% 3.2%
Rank Among all eligible Insurers7462515573
Combined Ratio67.0% 67.0% 60.0% 60.0% -231.0%
Losses Incurred Ratio 49.0% 49.0% 32.0% 34.0% -159.0%
Loss Expenses Incurred Ratio2.0% 4.0% 4.0% 1.0% -29.0%
Other U/W Expenses Incurred Ratio16.0% 14.0% 24.0% 25.0% -43.0%




(56-1690558)
Quarterly Financial Data (2010) for
Maiden Specialty Insurance Company

QUARTER2010-Q1
Total Admitted Assets51,087,356
Total Liabilities27,020,510
Capital & Surplus24,066,847
Premiums and Agent's Balances3,168,600
Losses3,662,897
Loss Adjustment Expenses155,876
Underwriting Gain/Loss(3,397,228)
Net Income (Loss) After Tax(3,299,126)
Cash Flow From Operations(6,371,380)
Unrealized Capital Gains (Losses)0
Gross Premium15,700,529
Net Premium649,721
Direct Premium - National12,359,737
Direct Premium - Florida (Sch. T)1,950,734

Major Lines of Business in US (2009)
1 Commercial Auto Physical Damage
2 Fire
3 Earthquake
4 Allied lines
5 Private Passenger Auto Liability
Major Lines of Business in FL (2009)
1 Commercial Auto Physical Damage
2 Fire
3 Earthquake
4 Allied Lines
5 Inland Marine

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