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AGP Executive Report

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Willis Re Deal: Willis Re has agreed to buy BMS Group’s US reinsurance arm (BMS Re US), a “transformational” move aimed at accelerating Willis Re’s US expansion; the deal covers BMS Intermediaries and BMS Capital Advisory plus the US broking team, with terms undisclosed and subject to regulatory approval. Bermuda Reinsurance Ratings: AM Best affirmed Assured Guaranty Re Overseas Ltd’s A+ (Superior) financial strength and “aa” issuer credit ratings, citing strongest balance sheet strength and stable outlook. Digital Assets Regulation: STS Digital (BMA-regulated) launched cross-asset portfolio margining for eligible institutional clients, letting them use one collateral pool across spot, options and structured products. AI in Cat Modelling: Karen Clark & Co says AI could soon update re/insurance cat models in days rather than months, pushing faster risk-tool evolution. Local Business Disruption: Marginal Wharf businesses in St David’s face relocation by end-September for a planned grocery store and warehouse. Tourism & Travel: Norwegian Cruise Line will use Norwegian Gem for year-round Bermuda cruises from Philadelphia starting April 2028, and Bermuda’s Taste of Bermuda returns Oct 8–11. Infrastructure: Bermuda’s link to Google’s Canoa subsea cable is highlighted as a new southbound digital pathway into the Caribbean.

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.

AGP Wire

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Aug. 11, 2026

Mangrove launches Bermuda reinsurer Grove Re

AGP

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Aug. 17, 2026

Ray Dalio named Grand Marshal of Columbus Day Parade

AGP

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Jul. 22, 2026

BermudAir orders 10 Airbus A220s for growth push

AGP

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Aug. 1, 2026

TTW ranks Mexico No. 1 in 2026 Americas and Caribbean beach list

AGP


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Samsung positioned to lead market sales with chipmaking price hike

Samsung positioned to lead market sales with chipmaking price hike

Norwegian Cruise Line to bring recently refurbished ship to Philly in 2028 for trips to Bermuda

Norwegian Cruise Line to bring recently refurbished ship to Philly in 2028 for trips to Bermuda

Best’s Special Report: Unaffiliated Offshore Reinsurance Deals Drive Asset-Intensive Reinsurance Market in 2025

Best’s Special Report: Unaffiliated Offshore Reinsurance Deals Drive Asset-Intensive Reinsurance Market in 2025


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7 hours ago

Aegon announces Chief Financial Officer transition

GlobeNewswire, Inc.

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2 hours ago

Transocean Ltd. Announces $300 Million Contract For Ultra-Deepwater Drillship

GlobeNewswire, Inc.

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7 hours ago

Aegon reports first half year 2026 results

GlobeNewswire, Inc.

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Aug. 14, 2026

APWC Announces Financial Results for the Second Quarter of 2026

GlobeNewswire, Inc.

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Aug. 19, 2026

STS Digital Launches Cross-Asset Portfolio Margin for Institutional Digital Asset Trading

GlobeNewswire, Inc.

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Aug. 19, 2026

zerohash to Add Support for FRNT, Wyoming’s Frontier Stable Token

GlobeNewswire, Inc.

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