AGP Executive Report
Last update: 3 hours agoBermudAir cargo expansion: BermudAir says it will add a leased Embraer E190F freighter, becoming the first E190F operator in the Americas and only the second globally, aiming to move express cargo across Bermuda, the Caribbean and North America. Connectivity push: Transport Minister Owen Darrell met United Airlines in Chicago with Bermuda Airport and Tourism officials to discuss air service growth and tourism demand. Insurance market watch: Athene has settled its long-running Bermuda Supreme Court case with former director Imran Siddiqui and Caldera Holdings, with settlement terms confidential. Re/insurance climate focus: Bermuda reinsurers are watching the EU’s plan for a “climate insurance alliance” to close the private coverage gap for disaster losses. Digital underwriting & fintech: Mosaic launched HALO, an AI-powered underwriting system for SME specialty business, while Pillar Capital selected Ultrassure for contract review workflows. Local business & finance: The BSX saw Butterfield and Allshores trade, with the Royal Gazette/BSX Index down 0.15% to 3,758.34. Wealth management recognition: Bermuda is shortlisted for Citywealth’s International Financial Centre of the Year awards, with Appleby’s Claire van Overdijk shortlisted for litigation.
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