Notice type
Government Notice
Cancellation of Registration
Notice ID
Public Authorities / Department
Bermuda Monetary Authority
Publication date
ORDER
INSURANCE ACT 1978
CANCELLATION OF REGISTRATION
UNDER SECTION 41(1)(b)(ii), (iv) and (v)
The BERMUDA MONETARY AUTHORITY in exercise of the powers
conferred upon it by virtue of Section 41(1)(b)(ii), (iv) and (v) of the Insurance Act, 1978,
(“The Act”), hereby cancels
the respective Class 3 Insurer registration granted
to the said Insurer listed below under the Act, effective 24th December 2020: -
Economic Risk Insurance, Ltd.
BY ORDER OF THE BERMUDA MONETARY AUTHORITY
Treasa Walker
Assistant Director Bermuda Monetary Authority
Dated this 19th Day of January 2021