Unusual Warwickshire & Worcestershire Yeomanry Cap Badge

[christek]

Hello all,

I have not yet seen one like this but believe it is Warwickshire and/or Worcestershire Yeomanry related. I have only seen this chained bear insignia without a laurel wreath (Pre-1956 Warwickshire Yeomanry I believe) or with a slightly different wreath design which encompasses the bear (insignia after amalgamating into the Queen's Own Warwickshire and Worcestershire Yeomanry in 1956). This badge looks to have some age and shows a laurel wreath closing around the bear's shoulders. I believe it is a cap badge being 31x34 mm in size, but may be a collar badge. Could be on the wrong track here and any help with this would be much appreciated. I have included photos of the two other badges discussed.