Winding Up - Vesttoo Alpha P&C Ltd. (2023-08-08)

Summary

This is a public notice from the Bermuda Monetary Authority announcing that it has initiated Supreme Court proceedings resulting in the appointment of Joint Provisional Liquidators (JPLs) for Vesttoo Alpha P&C Ltd. It is informational only, confirming a specific insolvency action against a single named (re)insurer rather than imposing new rules on the broader industry.

• Court order: The Supreme Court of Bermuda, Commercial Court jurisdiction, ordered the appointment of JPLs on 2 August 2023.
• Appointees: Charles Thresh and Michael Morrison of Teneo (Bermuda) Limited were appointed as Joint Provisional Liquidators of Vesttoo Alpha P&C Ltd.
• Contact point: Any questions regarding the Company should be directed to the JPLs via the listed Teneo email contacts, not the BMA directly.

Applies to

Vesttoo Alpha P&C Ltd. (insurer)