Insurance & Capital Markets: Serenova Re says it has completed its first asset-intensive reinsurance transaction in the country, naming a US life insurer as its preferred reinsurer as it builds US presence. Financial Services Leadership: Arcadian Risk Capital appointed Ian Peterson as executive vice-president, head of marine and speciality insurance, to expand its marine platform from London. Regulatory Watch: Hong Kong’s Insurance Authority fined FWD Life Insurance Company (Bermuda) Limited HK$19.5m over AML and counter-terrorist financing control gaps, including third-party payor checks and politically exposed person screening. Public Finance & Accountability: An Auditor General review found government accounts receivable rose from $405m (2023) to $482m (2025), raising financial risk as balances age. Housing & Procurement: The OBA pressed for answers on no-bid affordable housing contracts, questioning value for money and fairness in government procurement. Employment & Skills: Bermuda passed employment protections strengthening “employment justice” during rest periods, while a separate debate highlighted ongoing workforce and training concerns. Local Development: Plans were submitted for a Marginal Wharf warehouse, retail store and offices, with solar, water tanks and other proposed power measures. Education & Scholarships: Athene awarded full scholarships to five Bermuda College students for 2026-27, covering associate degrees and essential costs.