AGP Executive Report
Last update: an hour agoDigital Assets: Premier David Burt is in Washington for talks with US financial regulators and digital-asset firms, including the heads of the SEC and CFTC, as Bermuda explores wider use of digital assets in insurance and reinsurance and prepares legislation allowing the Government to hold and invest in them. Reinsurance: Bermudian reinsurer Chariot Re has entered Japan with a deal covering about $1.6 billion in life and annuity liabilities, its fourth transaction since launching last year. Wealth Management: Sun Life Private Wealth has appointed Georgina Howes CEO and country manager in Bermuda, strengthening its leadership as it expands services for wealthy families. Investment: US insurer SageSure has invested in Bermuda-based ILS manager Pillar Capital Management, which oversees more than $4 billion in institutional assets; Pillar will remain independent and retain its Bermuda team. Market Reach: The Bermuda Stock Exchange has listed 169 catastrophe-bond and ILS structures worth nearly $17.8 billion in the first nine months of 2026, holding almost 93 per cent of the global market. Commercial Property: Rising international business activity is driving demand for top-end office space and hotel rooms, according to local realtor Penny MacIntyre.
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