CANCELLATION OF REGISTRATION: Paraline Reinsurance, Ltd.

Notice Type:

Government Notice

Notice Sub Type:

Cancellation of Registration
Notice ID:
Public Authorities / Department:
Bermuda Monetary Authority
Publication date:
21 May 2020

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 Class 3 Insurer registration granted to the said Insurer under the Act, effective 19th May 2020:- 

Paraline Reinsurance, Ltd.

BY ORDER OF THE BERMUDA MONETARY AUTHORITY

 

Treasa Walker

Assistant Director

Bermuda Monetary Authority

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