AGP Executive Report
Last update: 10 hours agoSubsea Connectivity & Tech Infrastructure: Google says its “Americas Connect” push will add three new subsea cable systems—Alisios, Canoa and OlaLuz—routing more resilient connectivity through the Dominican Republic, with Canoa linking Bermuda directly to the DR and onward options to Europe and North America. Insurance & Reinsurance: Bermuda reinsurers sponsored nearly $1.4bn in catastrophe bonds in Q2, helping drive down risk-transfer costs as investor capital pours into the market. Local Governance & Public Services: Mangrove Bay Post Office reopened after nearly a year of renovations, including reinforced flooring, upgraded IT and safer, more accessible counters. Road Safety: Police will step up traffic enforcement this weekend using collision data, as Government targets a 50% cut in serious crashes and fatalities by 2030. Capital Markets: Bermuda Stock Exchange streamlines listing for securities issued under already-approved debt/ILS programmes, aiming to speed approvals and reduce paperwork. Healthcare Oversight: A proposed framework would let the Bermuda Health Council review major healthcare changes for access, quality, competition and sustainability before the Minister decides. Sports & Business Tourism: Bermuda gets green light to host the Davis Cup World Group II tie vs Mexico on Sept 19–20, with HSBC Bermuda, Government and the Bermuda Tourism Authority backing the event.
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