Company: KG
Filing Date: 2025-05-27
Form Type: 8-A12B
Source: 0001104659-25-052777
Chunk: 0

Company: Kestrel Group Ltd
Filing Date: 2025-05-27
Form: 8-A12B
Chunk 0
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<div align='center'>UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-A

FOR REGISTRATION OF CERTAIN CLASSES OF SECURITIES

PURSUANT TO SECTION 12(b) OR (g) OF THE

SECURITIES EXCHANGE ACT OF 1934

KESTREL GROUP LTD

(Exact name of registrant as specified in its charter)</div>

| Bermuda                                          |     | 98-1833921                          |
| (State or other jurisdiction of incorporation or 
 organization)                                    |     | -I.R.S. Employer Identification No. |

| 48 Par-La-Ville Road, Suite 1141                                  
 Hamilton HM 11, Bermuda                                           |
| (Address of principal executive offices) (Zip Code)               |
| Securities to be registered pursuant to Section 12(b) of the Act: |

| Title of each class                      
 to be so registered                      |     | Name of each exchange on which 
 each class is to be registered |
| Common shares, par value $0.01 per share |     | The Nasdaq Stock Market LLC    |

If this form relates to the registration of a class of securities pursuant to Section 12(b) of the Exchange Act and is effective pursuant to General Instruction A.(c) o r (e), check the following box.x

If this form relates to the registration of a class of securities pursuant to Section 12(g) of the Exchange Act and is effective pursuant to General Instruction A.(d) or (e), check the following box.¨

If this form relates to the registration of a class of securities concurrently with a Regulation A offering, check the following box.¨

Securities Act registration statement or Regulation A offering statement
file number to which this form relates (if applicable): 333-285664

Securities to be registered pursuant to Section 12(g) of
the Act: None

Item 1. Description of Registrant’s Securities to be Registered

A description of the common shares, par value $0.01
per share, of Kestrel Group Ltd, a Bermuda company (the “Registrant”), to be registered hereunder is contained in the section
titled “Description of Bermuda NewCo Common Shares” in the proxy statement / prospectus included in the Registrant’s
Registration Statement on Form S-4 (File No. 333-285664), as declared effective by the Securities and Exchange Commission
(the “