Amalgamation of Berm uda Exempted Insurance C ompanies  Page  of  Foreword     Page  of  TABLE OF CONTENT S

Amalgamation of Berm uda Exempted Insurance C ompanies Page of Foreword Page of TABLE OF CONTENT S - Description

INTRODUCTIO N 2 AMALGAMATI ON OF BERMUDA EX EMPTED INSURANCE COMPANIES 3 INTERGROUP AMALGAMATIONS 57356 5734557356573525736257355573575735357345 5735757362573455736057370 57356 57345573565734557356573585734557371573565735857359573455736057370 573555 ID: 35347 Download Pdf

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Amalgamation of Berm uda Exempted Insurance C ompanies Page of Foreword Page of TABLE OF CONTENT S

INTRODUCTIO N 2 AMALGAMATI ON OF BERMUDA EX EMPTED INSURANCE COMPANIES 3 INTERGROUP AMALGAMATIONS 57356 5734557356573525736257355573575735357345 5735757362573455736057370 57356 57345573565734557356573585734557371573565735857359573455736057370 573555

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Amalgamation of Berm uda Exempted Insurance C ompanies Page of Foreword Page of TABLE OF CONTENT S




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Amalgamation of Berm uda Exempted Insurance C ompanies
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Page 2 of 10 Foreword !! "#$%# &'(#)
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Page 3 of 10 TABLE OF CONTENT S 1. INTRODUCTIO N 2. AMALGAMATI ON OF BERMUDA EX EMPTED INSURANCE COMPANIES 3. INTER-GROUP AMALGAMATIONS  !"

#$  %&#$ $ 4. EFFECTS OF A MALGAMATION 1. INTRODUCTIO N %$ $$$$$ "

$'( )*+, - $$ $ -$

$ -$$ & - $.&# /.

#$$ $$ #$ $#0 $ 2. AMALGAMATI ON OF BERMUDA EX EMPTED

INSURANCE COMPANIES 2.1 Amalgamation Agreement %0$ $ $ &$$ $ $

1
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Page 4 of 10 .$  $$& $#& 2

$0# # . $$0

$$$# $$ $ $ $ $ 0 $$0 1$

'3()*1$ +, $ 2.2 Shareholder A pproval %$ $$# #$ $ $ $.& $$

$. & 1 $$ $&&$

$ $$  $$ .$ $$ $$ $

$$$ 4$$ 5$# 6&$&$ .$ 

$$ $$$# #7  3 $ .0 &$&

$$$ $# -6  $$ $$ $$

 $$ $$ #- % $ #

&$# &$0 $ 2.3 Shareholder N otice %$ $$#

# $ $$8 ),   $ $$# 9 )#,

$$$ $#   $$ $
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Page 5 of 10 $ .

$ $$ $# $$$. $  $$$& $$ 2.4 Bermuda Mone tary Authority Approv al

1$ $$ 1$. $# 1$

$ ):1$ $:,# %$ &#

$. . &  8 ), # $ #$$$ # $9 )#, $&

$ 9 ),  $#$ $$ &#$ %1$$ $$# &

$ ; $ $$ 1$ &# 1$ %

$ $ $ &$# 6  7

$&# $ 1$ $  $

4$$$ #1$ $5$ /$& &/$!&.&

$ . #$ $. $#-

$6 $$$ $#$
Page 6
Page 6 of 10 2.5 Statutory Decl aration

$$$ $#$ #8 ), $.

&##$ #$$# 9 )#, $# $$$ &

# $$  $#$ $$$ $$$9 ), &#7 # /&$

# 0 $#7 -  $-

$ $<$ $.0$  & $ $/& $

-$$  =.>>> $#$ &$ $ #7 &>$  $

$# ?$ "$ 8 ), #$5$ $ 9 )#,

 $ $ 9 ), $$ $ 9 ), $ $

#9 ), 0
Page 7
Page 7 of 10 3. INTER-GROUP AMALGAMATIONS 3.1 Procedure *$  + $ #& $

&6 &$#$ $. &&6 & $#$$

$ " $ #$ #$ %

#  #$  $   $

$$0 $ $ $##. $ /$$$# #

1$ $ $$ #&$ #&  $6 3.2 Amalgamation of Holding Company and Subsidiary

1$ $ #&  $&6& $#$ $.$5

$$ $8 ), $$ $#$ $# & 

$  9 )#, $$ $ # $$ 9 ), $$$# $$# &
Page 8
Page 8 of 10 3.3

Amalgamation of Two or More Subs idiaries ! 4. EFFECTS OF A MALGAMATION "
Page 9
Page 9 of 10 # $
Page 10
Page 10 of 10 About Conyers Dill & Pearman %&'()* +,- .

* / ! 0 &12 * 0 #  *

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