Company: KG
Filing Date: 2025-03-10
Form Type: S-4
Source: 0001104659-25-021993
Chunk: 7

Company: Kestrel Group Ltd
Filing Date: 2025-03-10
Form: S-4
Chunk 7
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 ​ | ​ | ​    | ​ | 189 | ​ | ​ |
| FUTURE SHAREHOLDER PROPOSALS                                                                  | ​ | ​ | ​    | ​ | 191 | ​ | ​ |
| INDEX TO CONSOLIDATED FINANCIAL STATEMENTS                                                    | ​ | ​ | ​    | ​ | F-1 | ​ | ​ |
| Annex A – Combination Agreement                                                               | ​ | ​ | ​    | ​ |   ​ | ​ | ​ |
| Annex B-1 – Form of Registration and Investor Rights Agreement – Ledbetter                    | ​ | ​ | ​    | ​ |   ​ | ​ | ​ |
| Annex B-2 – Form of Registration and Investor Rights Agreement – AmTrust                      | ​ | ​ | ​    | ​ |   ​ | ​ | ​ |
| Annex B-3 – Form of Voting Agreement                                                          | ​ | ​ | ​    | ​ |   ​ | ​ | ​ |
| Annex C – Opinion of Insurance Advisory Partners                                              | ​ | ​ | ​    | ​ |   ​ | ​ | ​ |

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TABLE OF CONTENTS

#### ABOUT THIS PROXY STATEMENT/PROSPECTUS
This proxy statement/prospectus, which forms part of a registration statement on Form S-4 filed with the SEC by Bermuda NewCo, constitutes a prospectus of Bermuda NewCo under the Securities Act, with respect to the common shares of Bermuda NewCo, par value $0.01 per share (the “Bermuda NewCo common shares”) to be issued to Maiden shareholders pursuant to the transaction. This proxy statement/prospectus also constitutes a proxy statement for Maiden under Section 14(a) of the Exchange Act. It also constitutes a notice of meeting with respect to the Maiden special meeting.

Maiden has supplied all information contained in or incorporated by reference into this proxy statement/ prospectus relating to Maiden, and Kestrel has supplied all information contained in or incorporated by reference into this proxy statement/prospectus relating to Kestrel. Maiden and Kestrel have both contributed information relating to the transaction. You should rely only on the information contained in or incorporated by reference into this proxy statement/prospectus. No one has been authorized to provide you with information that is different from that contained in, or incorporated by reference into, this proxy statement/prospectus. This proxy statement/prospect