The Bermuda Monetary Authority

INSURANCE ACT 1978

CANCELLATION OF REGISTRATION

UNDER SECTION 41(1)(a)

 The BERMUDA MONETARY AUTHORITY in exercise of the powers

conferred upon it by virtue of Section 41(1)(a) of the Insurance Act, 1978,

(“The Act”), hereby cancels, at the request of the Insurer listed below,

the respective Special Purpose Insurer registration granted

 to the said Insurer under the Act, effective 12^th October 2018:-

 Pelican III Re Ltd.

BY ORDER OF THE BERMUDA MONETARY    

Craig Swan

Managing Director

Bermuda Monetary

Dated this 13^th day of November 2018