This is why they want to go back private so that it’s easier to play the shell game with Maiden Re (who they own). Also will be interesting to see how state regulators view this move. They have had issues with Amtrust before regarding claim reserves and financial reporting.
AmTrust has been singing a happy tune, but their are storm clouds on the horizon.
This is why they want to go back private so that it’s easier to play the shell game with Maiden Re (who they own). Also will be interesting to see how state regulators view this move. They have had issues with Amtrust before regarding claim reserves and financial reporting.