AGP Executive Report
Last update: 4 minutes agoBermuda Wealth Expansion: Prudential appointed Donna Cotter to lead a newly created Wealth and Bermuda division, with a stand-alone wealth business aimed at affluent and high-net-worth clients across Asia and plans to build Prudential’s Bermuda office for offshore wealth solutions. Digital Infrastructure: Google’s Nuvem and Sol subsea cable systems have landed in Bermuda, boosting international connectivity and supporting growth in financial services, insurance, reinsurance, fintech and digital assets. Reinsurance Leadership Moves: Willis Re named Jonathan Ogilvie as global head of Non-Marine Specialties and Chris Dart as head of Treaty Reinsurance, with Ogilvie based in London and Dart in Bermuda. Policy & Governance: Government launched a National Economic Co-operation Committee to manage and monitor Bermuda’s economic MoUs and international partnerships. Local Business & Community: Bermuda Economic Development Corporation hosted an SME training session for owners on building a “machine, not a job,” while iNails opened in Washington Mall’s upper floor with Asian-inspired products. Non-profit Sector Pay: A column argues non-profit salary shortfalls undermine retention and public trust, calling for fairer, sustainable compensation. Capital Markets Snapshot: Bermuda Stock Exchange trading saw Allshores down 8.3% and the BSX index slip 0.5% (June 11 report).
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