Document

Exhibit 21.1

SUBSIDIARIES OF THE REGISTRANT

Subsidiary

Note

Jurisdiction

Maiden Holdings, Ltd.

(1)

Maiden Holdings North America, Ltd.

Delaware

Maiden Global Servicing Company, LLC

(2)

Delaware

Maiden Reinsurance Ltd.

(3)

Vermont

Genesis Legacy Solutions, LLC ("GLS")

(4)

Delaware

GLS Services Company ("GLS Services")

(5)

Delaware

Genesis Legacy Insurance Company (Vermont) Limited

(6)

Vermont

Cypress – Genesis Incorporated Cell Company

(7)

Vermont

AMS – Genesis Incorporated Cell Company

(8)

Vermont

MFB – Genesis Incorporated Cell Company

(9)

Vermont

CPA Insurance Inc.

(10)

Vermont

NEKO 2018 A, LLC

(11)

Texas

NEKO 2018 D, LLC

(11)

Texas

NEKO 2018 E, LLC

(11)

Texas

94 Pembroke GP Corp.

(11)

British Columbia

94 Pembroke LP Corp.

(11)

British Columbia

Maiden Life Försäkrings AB

Sweden

Maiden General Försäkrings AB

Sweden

Regulatory Capital Limited

Ireland

Maiden Global Holdings Ltd.

England & Wales

(1)All subsidiaries are 100% wholly owned by Maiden Holdings, Ltd. unless otherwise noted.

(2)100% wholly owned subsidiary of Maiden Holdings North America, Ltd.

(3)Effective March 16, 2020, Maiden Reinsurance Ltd. is domiciled in Vermont, United States and became 100% wholly owned subsidiary of Maiden Holdings North America, Ltd.

(4)GLS was acquired by Maiden Reinsurance Ltd. on November 24, 2020.

(5)100% wholly owned subsidiary of GLS.

(6)100% wholly owned subsidiary of GLS Services incorporated on July 19, 2021

(7)100% wholly owned subsidiary of GLS Services incorporated on July 21, 2021.

(8)100% wholly owned subsidiary of GLS Services incorporated on December 29, 2021.

(9)100% wholly owned subsidiary of GLS Services incorporated on March 22, 2022.

(10)100% wholly owned subsidiary of GLS acquired on December 30, 2022.

(11)100% wholly owned subsidiary of Maiden Reinsurance Ltd.