Kestrel Group Ltd., formed from the strategic combination with Maiden Holdings, Ltd., operates as a specialty program group, delivering reinsurance and insurance solutions to a diverse clientele. This Bermuda-based entity, which completed its merger on May 27, 2025, now trades under the ticker KG on the Nasdaq Capital Market. The company focuses on a balance sheet-light, fee-revenue model, selectively providing underwriting capacity for specialty programs and various reinsurance arrangements. Its services extend to regional and specialty insurers across Europe, North America, and other international markets, offering both quota share and excess of loss treaties. Additionally, the organization provides legacy services to smaller insurance entities and fronting services for insurance program managers, MGAs, reinsurers, and brokers. Maiden Holdings, Ltd. was originally established in Pembroke, Bermuda, in 2007.