2013 Registration Statistics March

Registrations in March Name Sail Insurance Company Limited Newgrange Brokers Limited Accordian Reinsurance II Limited Mona Lisa Re Ltd. Collateralized Re (L) Ltd. Merna Re IV Ltd. Tar Heel Re Ltd. Ariel Re Bda Limited Ariel Re Bda Limited ACRC Limited Echidna Re Limited Date 4-Mar-13 6-Mar-13 14-Mar-13 14-Mar-13 15-Mar-13 19-Mar-13 19-Mar-13 19-Mar-13 19-Mar-13 25-Mar-13 27-Mar-13 Registrations (YTD March 2013) Date Type 1 Broker SPI SPI SPI SPI SPI Agent Manager 3 1

Type Insurers Class 1

Total 3

EEB ENERGY Re Ltd. Sail Insurance Company Limited Echidna Re Limited Class 2 Class 3 Mt. Logan Re, Ltd. ACRC Limited Class 3A Class 3B Class 4 Class A Class B Class C Class D Class E SPI Skyline Re Ltd. Bosphorus 1 Re Ltd. Lorenz Re Ltd. Accordian Reinsurance II Limited Mona Lisa Re Ltd.

31-Jan-13 4-Mar-13 27-Mar-13

2 27-Feb-13 25-Mar-13

8 8-Jan-13 11-Jan-13 5-Feb-13 14-Mar-13 14-Mar-13

Collateralized Re (L) Ltd. Merna Re IV Ltd. Tar Heel Re Ltd. Total Insurers Intermediaries Agent Ariel Re Bda Limited Manager Safe Harbor Management Ltd. Ariel Re Bda Limited Broker MSIB Limited International Specialty Brokers Limited Newgrange Brokers Limited Total Intermediaries Assessment & Licensing Activity

15-Mar-13 19-Mar-13 19-Mar-13 13

1 19-Mar-13 2 15-Feb-13 19-Mar-13 3 28-Jan-13 20-Feb-13 6-Mar-13 6

There were nine applications reviewed in March. All nine applications were approved. As required by the Insurance Act 1978, the Authority maintains a register of licensed entities. This register can be accessed on its website at www.bma.bm.