AGP Executive Report
Last update: 7 hours agoAviation & Tourism: BermudAir is expanding its winter network with new direct service to Grand Cayman (via Turks & Caicos) and non-stop flights to Turks & Caicos, plus added routes to Belize and Guatemala City and returning service to Anguilla; flights go on sale Friday. Customer Experience: BermudAir also reported record satisfaction, lifting its Net Promoter Score to 78.92 in May 2026 and raising its loyalty score to 91.83. Insurance & Captives: Pinnacle Actuarial Resources acquired Bermuda’s Ordinance Holdings and the renewal rights for Canadian firm Grape Bay Actuarial Consulting, effective June 30, 2026, with Julie Perron continuing as an independent contractor. Regulation & Banking Competition: The Bermuda Monetary Authority is seeking feedback on a future banking framework, including a possible model for foreign banks to operate via local agents or representatives. Local Business & Finance: Trebuchet Group appointed Heather Bisbee as Group Finance Director, effective April 13, 2026. Housing: Plans to convert Bermudiana Beach Residences from tourism to residential face a planning refusal recommendation over parking shortfalls. Education Reform: The Ministry of Education responded to Bermuda Union of Teachers concerns, saying adjustments have been made but reform aims to improve outcomes for students.
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