Notice: PB Life and Annuity Co. Ltd. (2020-10-01)

Summary

This is a notice from the Bermuda Monetary Authority (BMA) announcing that it has commenced winding up proceedings against PB Life and Annuity Co. Ltd. in the Supreme Court of Bermuda. It is informational only and does not impose ongoing regulatory obligations on the wider industry.

• Court order: By order of the Supreme Court of Bermuda dated 25 September 2020, joint provisional liquidators (JPLs) were appointed for PB Life and Annuity Co. Ltd.
• Appointees: Rachelle Frisby and John N Johnston of Deloitte Ltd. were appointed as JPLs, effective per the Notice of appointment dated 1 October 2020.
• Contact point: Enquiries regarding the Company should be directed to the JPLs via the email address provided in the notice.