Updating obp

Importantly, our 2016 underwriting year expected loss ratios reflect solid profitability.

While the market remains competitive, we were able to expand our business in 2016 by leveraging our strong franchise and value-added products and services.

In response to observed elevated claims activity which we noted in our first-quarter earnings call, Maidens audit activity has confirmed claims operational changes in Am Trusts US small commercial lines business which are believed to have contributed to a portion of the increased emergence in related casualty lines.

We have however increased our reserves in these lines in the quarter in response to elevated severity in specific jurisdictions.

Book value per share was .30 at the end of September, down 6.8 per cent over the first nine months of the year.2017. Maiden Holdings Ltd made a loss of .4 million, or

The net operating loss of .7 million, or 81 cents per share, bettered the 98 cents per share loss consensus forecast of analysts tracked by Yahoo Finance.He added the results, despite the losses, showed some favorable trends.In the quarter we realized improved non-catastrophe operating performance in the US portion of our diversified reinsurance segment, he said.We believe our prospects for continued disciplined growth are strong.Additionally, we are in an excellent position to improve our cost of capital, and will explore opportunities to refinance our existing indebtedness in 2017 at an improved rate.

.26 per common share, for the second quarter.

That compared to a .9 million profit for the same period of 2016.

The net operating loss of .7 million, or 81 cents per share, bettered the 98 cents per share loss consensus forecast of analysts tracked by Yahoo Finance.

He added the results, despite the losses, showed some favorable trends.

In the quarter we realized improved non-catastrophe operating performance in the US portion of our diversified reinsurance segment, he said.

We believe our prospects for continued disciplined growth are strong.

Additionally, we are in an excellent position to improve our cost of capital, and will explore opportunities to refinance our existing indebtedness in 2017 at an improved rate.

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