Maiden Holdings prefers routine over catastrophe. The company provides non-catastrophic property/casualty reinsurance to smaller and mid-size insurers in the US and Europe. Maiden's reinsurance products include such basics as medical stop loss, treaty reinsurance, and casualty facultative reinsurance. The company also offers property/casualty insurance products, including specialty excess and surplus coverage through its Maiden Specialty unit. Its Maiden Insurance Company, Ltd., offers workers' compensation, specialty risk, and extended warranty coverage.
Maiden Holdings was formed in 2007 by executives at AmTrust Financial Services, to provide reinsurance to that company and its subsidiaries. Its initial business was built from the reinsurance holdings of what was then GMAC Insurance Holdings (now named GMAC Insurance Personal Lines). These were acquired in 2008 and renamed Maiden RE. Those holdings included GMAC Direct Insurance and Integon Specialty Insurance.
In 2010 the company took on more of the former GMAC holdings (and expanded its international reach) by acquiring UK-based GMAC International Insurances Services business. That business provides reinsurance for personal auto insurers in the European Union.