AGP Executive Report
Last update: an hour agoDigital Finance: Premier David Burt is leading a Bermuda delegation at DC Fintech Week, meeting US regulators and digital-asset firms as the island seeks closer regulatory ties and wider use of digital assets in finance and reinsurance. Reinsurance: Chariot Re has completed its first transaction involving Japanese liabilities, covering about $1.6 billion in US-dollar life and annuity policies and extending its international portfolio. Catastrophe Risk: At an industry conference in Bermuda, model pioneer Karen Clark warned that catastrophe models can fall behind within two or three years, as changing risks and rising exposure reshape loss estimates. Investment Funds: The BMA plans to refine proposed sustainability disclosures and rules on fund names, aiming for clear, proportionate information for investors. Private Wealth: Bermuda will host its inaugural Family Office Retreat on October 16–17, bringing international family office leaders and advisers together to discuss cross-border wealth, succession and risk.
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