AGP Executive Report
Last update: 11 hours agoDigital Finance: Bermuda-based 24X expanded its Standard Chartered partnership to offer institutional Bitcoin and Ethereum trading alongside foreign exchange, with the bank acting as central counterparty. Commercial Disputes: Bermuda’s first dedicated dispute resolution centre has opened in Hamilton, offering facilities for local hearings and international commercial cases; it plans to administer cases under its own rules from early 2027. Insurance Growth: Symetra and TIAA launched Mariner Re, a Bermuda Class E reinsurer backed by TIAA’s $750 million investment. The BMA recorded 46 insurer registrations in the first ten months of 2026. Global Deals: Samsung Fire agreed to lead a reported $2.2 billion purchase of the remaining stake in Canopius, which operates a Bermuda Class 4 reinsurer. Digital Infrastructure: At AfroTech, Home Affairs Minister Alexa Lightbourne promoted Bermuda’s subsea cable investments and Google’s skills-training commitments for Bermudians. Business Rules: Employment law changes effective November 1 restrict disciplinary action or dismissal while employees are on authorised leave or off duty, with limited exceptions.
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