BERMUDA MONETARY AUTHORITY SEADRILL 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 19^th July 2023:-

Seadrill Insurance Ltd.

BY ORDER OF THE BERMUDA MONETARY AUTHORITY

Treasa Walker

Assistant Director                                                         Bermuda Monetary Authority

Dated this 25^th day of July 2023