AGP Executive Report
Last update: 3 hours agoInsurance & Finance: Bermuda-based Meanwhile raised $37.5 million to expand its Bitcoin-denominated life policies internationally, adding to more than $180 million in funding and a network of 15 brokers serving wealthy clients. Clarien also acquired NCB’s Cayman business, extending its regional reach. Tourism: Visitor spending is rising, with leisure visits up about 12% and first-half air visitor spending reaching $204.6 million, up 7.9%. But the Fairmont Southampton is now expected to reopen in 2027. Small Business: Brava and BEDC are launching workshops and networking for entrepreneurs, while a November summit will connect Bermudian founders with potential investors. Business Climate: A new consultancy will help financial firms build sustainability into strategy and risk management. Bermuda’s long-term insurance sector also drew more than 750 delegates to its annual conference. Public Finances: The Government has projected a $170 million surplus as the outgoing Finance Minister says the economy is on a strong footing.
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