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 Insurer listed below under the Act, effective 18^th September 2024: -

SEARS REINSURANCE COMPANY LTD. 

BY ORDER OF THE BERMUDA MONETARY AUTHORITY

                                                                             Treasa Walker 

                                                                             Assistant Director

                                                                             Bermuda Monetary Authority

                                                                             Dated this 27^th day of September 2024