AGP Executive Report
Last update: 2 hours agoAviation Emergency: A Gulfstream G100 medical jet carrying six people vanished after departing Bermuda for Boston; the US Coast Guard is searching off Nantucket after the FAA lost contact early Saturday. Housing & Social Policy: The House of Assembly approved Bermuda’s Affordable Housing Strategy 2025-35 after a four-hour debate, targeting 950–1,350 new homes by 2035. Competition Law: Government is moving toward modern competition legislation, consulting on anti-competitive conduct and merger approvals in essential sectors, with Deloitte set to assess impacts and feedback. Digital Government: Bermuda is exploring a digital identity framework after a House update, with an RFSQ to identify experienced suppliers but no decision to implement yet. Economy & Finance: Premier David Burt cited a preliminary $169.6m budget surplus for 2025/26, alongside stronger revenue projections. Business & Insurance: AM Best affirmed Enact Re’s A- rating; Talcott completed a $6.3bn Lincoln Financial reinsurance deal; Everest finished selling its Canadian retail operations to Wawanesa. Construction & Trade: Luscar Place hit a topping-out milestone; Marine & Ports published the Oct 3 shipping schedule. Charity: Butterfield’s “Fill the Pantry” food drive runs to Oct 15.
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.
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