BERMUDA MONETARY AUTHORITY ARIEL Re BDA LTD

ORDER

INSURANCE ACT 1978

CANCELLATION OF REGISTRATION

UNDER SECTION 42(1)(a)

The BERMUDA MONETARY AUTHORITY in exercise of the powers

conferred upon it by virtue of Section 42(1)(a) of the Insurance Act 1978,

(“The Act”), hereby cancels, at the request of the Company listed below,

the respective Insurance Manager registration granted

 to the said Company under the Act, effective 16^th June 2020: -

Ariel Re Bda Limited

BY ORDER OF THE BERMUDA MONETARY AUTHORITY

Please note that the Company's Insurance Agent registration under the Act shall remain in force.

Treasa Walker

Assistant Director                                                                                 

Bermuda Monetary Authority

   Dated this 29^th day of June 2020