AGP Executive Report
Last update: an hour agoCyber Accountability: Bermuda’s parliamentary joint select committee says indicators suggest a ransom demand and “ransom-related payment activity” may have occurred in the 2023 government cyberattack, pointing to budget line items totaling about $4.415m, while recommending a Public Accounts Committee probe into who was paid, for what, and under whose approval. Tech & Services: Gnosis appoints Bermudian Shane McDonnell as client partner to grow enterprise and government relationships across telecoms, ICT and cybersecurity. Insurance Leadership & Ratings: SiriusPoint names Emily Yoo as COO (effective Aug 10) with responsibility for technology and claims; Vantage reports 2025 net income more than doubling to $201.7m and confirms leadership transition; AM Best places TT Club ratings under review ahead of a planned merger with the UK P&I Club. Regional Integration: Martinique and French Guiana formally join CARICOM as associate members, expanding the associate roster that now includes Bermuda. Business & Markets: Bermuda Monetary Authority warns the public about an unregulated “investment opportunity” seminar promising high returns; Bermuda Stock Exchange trading stays flat with no shares changing hands on July 16. Community & Local Economy: Gosling’s partners with Moongate Brewing to expand distribution; a planning application is filed for 28 senior-focused residential units in Warwick.
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