KG

AUSTIN, Texas, May 8, 2026 /PRNewswire/ -- Kestrel Group Ltd (NASDAQ: KG) ("Kestrel" or the "Company") a leading specialty insurance platform that provides fronting services to program managers, reinsurers, and reinsurance brokers, today reported its financial results for the first quarter ended March 31, 2026. Key Highlights – First Quarter 2026 Financials Program Services net fee income was $1.6 million Premium produced(1) by Program Services clients was $94.2 million Total revenues were $10.2 million Net premiums earned were $3.2 million As of March 31, 2026, the Company's book value per common share was $15.52 Net loss from continuing operations was $7.0 million, or a loss of $0.90 per share Commenting on the results, Kestrel's Chief Executive Officer, Luke Ledbetter, stated, "The first quarter demonstrated continued momentum in our Program Services segment, with fee revenue and premiums produced up materially year-over-year. As we look across the broader fronting market, we continue to believe Kestrel is well-positioned, and our balance sheet light model allows us to focus on disciplined growth." Program Services Segment The Program Services segment provides fronting services to general agents and insurance carriers to leverage Kestrel's trusted reputation to provide access to the U.S. property and casualty insurance market and insurance paper rated "A-" (Excellent) A.M. Best rating and expansive licenses in exchange for fees. Kestrel issues the policy through exclusive use of four insurance carriers, and those carriers presently retain and reinsure the risk. The Company continues to actively pursue reinsurance mechanisms with its existing partners that would selectively deploy the Company's underwriting capacity that it believes could facilitate and accelerate both its fee and premium revenue growth. In the first quarter of 2026, total fee revenues from the Program Services segment were $3.1 million, which increased 286.6% over the first quarter of 2025, a combination of expanding existing and new client accounts. Premium produced(1) by client programs during the first quarter of 2026 totaled $94.2 million, a 303.6% increase over the first quarter of 2025. Legacy Reinsurance Segment The Legacy Reinsurance segment consists of the AmTrust Reinsurance and Diversified Reinsurance segments previously reported by Maiden Holdings, Ltd. ("Maiden") prior to the...

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Maiden Holdings Ltd. (KG) on Friday reported a loss of $7.4 million in its first quarter. The Hamilton, Bermuda-based company said it had a loss of 96 cents per share. Losses, adjusted for one-time gains and costs, were $1.34 per share. The reinsurance holding company posted revenue of $10.2 million in the period. Its adjusted revenue was $8.9 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KG at https://www.zacks.com/ap/KG

AUSTIN, Texas, March 13, 2026 /PRNewswire/ -- Kestrel Group Ltd (NASDAQ: KG) ("Kestrel" or the "Company") a leading specialty insurance platform that provides fronting services to program managers, reinsurers, and reinsurance brokers, today reported its financial results for the fourth quarter and full year ended December 31, 2025. Key Highlights - Fourth Quarter 2025 Financials Program Services net fee income was $1.9 million, up 94.5% over the third quarter 2025 Premium produced(1) by Program Services clients was $93.8 million, up 79.2% over the third quarter 2025 Total revenues were $10.2 million Net premiums earned were $3.4 million As of December 31, 2025, the Company's book value per common share was $16.57 Net loss was $17.8 million, driven by significant non-recurring charges totaling $3.5 million and a downward adjustment to the bargain purchase gain of $5.3 million recorded in the combination with Maiden Holdings, Ltd. ("Maiden") in 2025; and Net income for 2025 was $46.7 million, or $8.08 per diluted share(2). Commenting on the results, Kestrel's Chief Executive Officer, Luke Ledbetter, stated, "The fourth quarter saw positive progress in our Program Services segment. Since completing the merger with Maiden in May of 2025, and after working through a complicated integration, which remains ongoing, we have gained momentum in our Program Services segment while simultaneously managing the legacy Maiden business. This quarter we took a meaningful step forward. I'm encouraged by the progress we've made, and I'm thankful for the hard work and dedication of our team. "As we progress through 2026, we continue to work with our valued capacity providers to match our market opportunities with their allocated underwriting capacity and are diligently exploring opportunities to expand our ability to write attractive fee-based business in a highly competitive marketplace. We remain committed to developing the strategic framework to facilitate future growth that will drive value for Kestrel shareholders. Our goal is innovation, client service and long-term relationships as we strive to generate a balance sheet light, fee revenue model while selectively deploying underwriting capacity to optimize returns for shareholders," concluded Ledbetter. Total revenues in the fourth quarter of 2025 were $10.2 million. Total revenues for 2025 were $34.0 million(2). Net loss f...

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Maiden Holdings Ltd. (KG) on Friday reported a loss of $17.8 million in its fourth quarter. On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of $2.29. Losses, adjusted for non-recurring costs and to account for discontinued operations, came to $1.06 per share. The reinsurance holding company posted revenue of $10.2 million in the period. Its adjusted revenue was $9.8 million. For the year, the company reported profit of $46.7 million, or $8.08 per share. Revenue was reported as $27.1 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KG at https://www.zacks.com/ap/KG

DALLAS, Nov. 5, 2025 /PRNewswire/ -- Kestrel Group Ltd (NASDAQ: KG) ("Kestrel" or the "Company"), a leading specialty insurance platform that provides fronting services to program managers, reinsurers, and reinsurance brokers, today reported its financial results for the third quarter ended September 30, 2025. Key Highlights - Third Quarter 2025 Financials Total revenues were $17.4 million Net premiums earned were $6.8 million Net loss was $5.1 million Program Services net fee income was $1.0 million As of September 30, 2025, the Company's book value per common share was $18.57 The Company reported earnings for the second time since closing its business combination agreement on May 27, 2025 between Kestrel and Maiden Holdings. The combination of values-driven insurance organizations with a commitment to innovation, client service and long-term relationships is intended to generate a balance sheet light, fee revenue model to deliver a strong fee-based insurance platform while selectively deploying underwriting capacity to optimize returns for shareholders. Kestrel's strategic focus centers on growing the fee income component of its program services business to increase profitability while effectively managing the continuing run-off of the legacy Maiden alternative asset and reinsurance portfolios. Program Services Segment The Program Services segment provides fronting services to general agents and insurance carriers to leverage Kestrel's trusted reputation to provide access to the U.S. property and casualty insurance market and insurance paper rated "A-" (Excellent) A.M. Best rating and expansive licenses in exchange for ceding fees. Kestrel issues the policy through exclusive use of four insurance carriers, and the reinsurer assumes the risk. In the third quarter of 2025, total fee revenues from the Program Services segment were $1.6 million, derived from fees from both new and existing client programs. Increased premium volume accounted for $1.1 million of fee revenue for the three months ended September 30, 2025. The Company continues to actively pursue reinsurance mechanisms with its existing partners that would selectively deploy the Company's underwriting capacity and facilitate and accelerate both its fee and premium revenue growth. Legacy Reinsurance Segment The Legacy Reinsurance segment consists of the AmTrust Reinsurance and Diversified Reinsuranc...

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Maiden Holdings Ltd. (KG) on Wednesday reported a loss of $5.1 million in its third quarter. The Hamilton, Bermuda-based company said it had a loss of 65 cents per share. Losses, adjusted for non-recurring gains, came to $1.95 per share. The reinsurance holding company posted revenue of $17.4 million in the period. Its adjusted revenue was $12 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KG at https://www.zacks.com/ap/KG

DALLAS, Aug. 15, 2025 /PRNewswire/ -- Kestrel Group Ltd (NASDAQ: KG) ("KG" or the "Company"), today announced its financial results for the second quarter ended June 30, 2025. For further details regarding the Company's financial performance and condition, please refer to the Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, filed with the U.S. Securities and Exchange Commission, available at www.sec.gov. Kestrel Group Kestrel Group Ltd specializes in providing fronting services to insurance program managers, MGAs, reinsurers, and reinsurance brokers. Kestrel Group facilitates insurance transactions utilizing its exclusive management contracts with four insurance carriers, all of which are rated A- "Excellent" by A.M. Best. These contracts enable Kestrel Group to offer both admitted and surplus lines in all U.S. states. Kestrel Group generally does not assume significant underwriting risk and produces lines of business such as casualty, workers' compensation, catastrophe-exposed property, and non-catastrophe-exposed property, with diverse risk durations, sizes, and product types. To learn more about Kestrel Group, please visit: https://kestrelgroup.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the company's current expectations and are subject to risks and uncertainties that may cause actual results to differ materially. Factors that could cause differences are discussed in the company's SEC filings, including its latest Form 10-K and Form 10-Q. Contact: Kestrel Group Investor Relations Rick Black [email protected] View original content:https://www.prnewswire.com/news-releases/kestrel-group-announces-2025-second-quarter-financial-results-302530816.html SOURCE Kestrel Group

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Maiden Holdings Ltd. (KG) on Friday reported profit of $69.9 million in its second quarter. On a per-share basis, the Hamilton, Bermuda-based company said it had net income of $15.09. Losses, adjusted for non-recurring gains, came to 72 cents per share. The reinsurance holding company posted revenue of $5.6 million in the period. Its adjusted revenue was $4.5 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KG at https://www.zacks.com/ap/KG