BERMUDA MONETARY AUTHORITY OPERATION Re 11 LTD.

ORDER

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 26^th January 2021:-

Operational Re II Ltd.

BY ORDER OF THE BERMUDA MONETARY AUTHORITY

Treasa Walker

Assistant Director                                                                                                                     Bermuda Monetary Authority

   Dated this 29^th day of January 2021