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AGP Executive Report

Last update: 10 hours ago

Regulatory Outreach: The Bermuda Monetary Authority will host an online session on proliferation financing this Thursday, inviting regulated firms and stakeholders to discuss PF risks, red flags, reporting duties and how to operationalise PF into AML/counter-proliferation frameworks. Union Leadership: BIU president Chris Furbert says he will retire at the end of his term, stepping down in March 2028 after 22 years leading the union. Tax Cashflow: Premier David Burt told the House that Bermuda’s Corporate Income Tax agency has collected over $1bn in aggregate payments so far, with 137 payments recorded from constituent entity groups. Re/Insurance Ratings: AM Best affirmed Rembrandt Insurance Company’s A (Excellent) financial strength and “a” (Excellent) issuer credit ratings, citing very strong balance sheet strength and strong operating performance. Offshore Life Reinsurance: Fitch expects continued strong growth in offshore life reinsurance, with Bermuda remaining the dominant primary jurisdiction. Competition & Consumer Protection: Age Concern Bermuda is urging that Bermuda’s competition and consumer-protection reforms keep regulation accessible and responsive, with non-digital support options. Infrastructure Procurement: MPs heard bids are under review for a replacement Swing Bridge in the East End, with government working “in principle” on a required land purchase. Local Planning: CedarTree Vets has filed to convert a Devonshire residence into a veterinary clinic, citing growth and limited traffic after surgery hours. Global Finance Restructuring: Bitcoin Suisse plans to cut up to 60 Swiss jobs and close its Copenhagen IT site as it shifts more back-office and software work to international hubs, including plans involving Bermuda.

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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Sep. 3, 2026

Harneys and droppRWA target tokenized catastrophe bonds in Bermuda

AGP

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Aug. 20, 2026

Mangrove marks inaugural cat bond with Bermuda Stock Exchange bell-ringing

AGP

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Aug. 11, 2026

Mangrove launches Bermuda reinsurer Grove Re

AGP

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Sep. 9, 2026

Longevity and Mortality Investor releases September 2026 issue

AGP


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WEEKEND READ:The Family That Owns Ferrari, Jeep and The Economist — and Nobody’s Heard of Them

WEEKEND READ:The Family That Owns Ferrari, Jeep and The Economist — and Nobody’s Heard of Them

Bermuda remembers nationals killed in September 11 terrorist attacks

Bermuda remembers nationals killed in September 11 terrorist attacks


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Sep. 3, 2026

droppRWA & Harneys to Disrupt the $141 Billion Insurance-Linked Securities Market With On-Chain Legal Title

EIN Presswire

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Sep. 3, 2026

Aspida Appoints Brian Lewis as Chief Financial Officer of Aspida Re

GlobeNewswire, Inc.

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Sep. 1, 2026

United Community Banks, Inc. Announces Completion of Sale of Navitas Equipment Finance Business to Funds Managed by Wafra Inc.

GlobeNewswire, Inc.

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Sep. 1, 2026

ALOFT AeroArchitects Secures EASA Validation for Gogo Galileo FDX STC on Boeing Business Jet 737-700

EIN Presswire

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Aug. 20, 2026

Bermuda Stock Exchange Holds Bell-Ringing Ceremony for Buttonwood Re Ltd., Mangrove Property Ins. Co. Inaugural Cat Bond

EIN Presswire

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Aug. 20, 2026

Aegon announces Chief Financial Officer transition

GlobeNewswire, Inc.

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