BERMUDA MONETARY AUTHORITY ELBOW RE 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 Class C Insurer registration granted

to the said Insurer under the Act, effective 6^th May 2024:-

Elbow Re Ltd.

BY ORDER OF THE BERMUDA MONETARY AUTHORITY

Please note that the Company's Class 3A Insurer registration under the Act shall remain in force.

Treasa Walker

Assistant Director                                                         Bermuda Monetary Authority

Dated this 4^th day of June 2024