MONARCH INSURANCE 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 1 Insurer registration granted

 to the said Insurer under the Act, effective 6^th June 2019:-

Monarch Insurance Ltd.

BY ORDER OF THE BERMUDA MONETARY AUTHORITY

Craig Swan

Managing Director                                                                                          Bermuda Monetary Authority

   Dated this 28^th day of June 2019