AGP Executive Report
Last update: an hour agoBlue Economy: Bermuda’s ocean industries could generate more value, but operators cite high equipment costs, a shortage of marine workers and fragmented approvals. Air and cruise visitors spent $549.9 million in 2025, while air-visitor spending rose 7.9% in the first half of 2026. Digital Finance: Premier David Burt promoted Bermuda’s digital-assets rules in meetings with US securities and commodities regulators as they develop new rules. Island-based STS Digital also won Euromoney’s North America award for digital-asset trading. Jobs: Bermuda added 369 jobs in 2025, but 65 fewer were held by Bermudians; the Government points to retirements and an ageing workforce. Insurance Capital: Investors at the ILS Bermuda conference highlighted catastrophe-linked securities as an alternative to crowded corporate-credit markets, while warning that portfolios may be overexposed to AI and data-centre investments. Tourism: Taste of Bermuda drew 1,061 ticket sales, showcasing local chefs and hospitality businesses.
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