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A.M. Best Places Ratings of Maiden Specialty Insurance Company Under Review With Negative Implications

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has placed under review with negative implications the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Maiden Specialty Insurance Company (MSIC) (Raleigh, NC). The rating action follows the recent announcement that MSIC’s parent, Maiden Holdings, Ltd. (Maiden Holdings) [NASDAQ: MHLD], has entered into a definitive agreement with Clear Blue Financial Holdings, LLC (Clear Blue), under which Clear Blue will acquire MSIC,

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