AGP Executive Report
Last update: 8 hours agoBusiness Alert: Government warned businesses about fraudulent health-inspection notices demanding cryptocurrency payments and threatening closure. Fiscal Policy: A larger projected surplus is set to bring January payroll-tax cuts: employees could save up to $1,560 a year, while employer rates will fall by half a percentage point. Economic Outlook: Bermuda recorded five straight years of real growth, averaging 3.8% annually from 2021 to 2025, the economy minister told MPs. Insurance: Essent’s reinsurance premiums rose to $330.3 million in the first nine months of 2026, from $49.3 million a year earlier. RiverStone also agreed to take on about $325 million in reserves from Clear Spring’s discontinued workers’ compensation business. Skills and Reputation: A Bermuda claims technology forum will spotlight insurer innovation and career paths. Separately, Bermuda ranked third in the latest Corporate Tax Haven Index, behind the BVI and Cayman Islands.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.