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)(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 26th February 2019:-
PennUnion Re Ltd.
BY ORDER OF THE BERMUDA MONETARY AUTHORITY
Ricardo Garcia
Chief Actuary
Bermuda Monetary Authorit
Dated this 28th day of February 2019