AGP Executive Report
Last update: 9 hours agoTourism Leadership: Bermuda Tourism Authority has named Jan Hutton as its new CEO, starting July 1, as the island looks to build on new hotel development and expanded airlift. Youth & Work: OBA senator Victoria Cunningham points to worsening Labour Force Survey figures—youth unemployment up to 9.3% and median youth income down 20%—arguing workforce prep must shift from promises to outcomes. Insurance & Capital: AM Best affirmed Lumen Re’s strong ratings, while Prismic Life completed an oversubscribed $1.9bn raise to expand capacity for long-term reinsurance. Digital Finance: Walkers published a fintech white paper on Bermuda’s approach to stablecoins and regulation-as-enabler. Public Safety & Community: CARICOM IMPACS and CBLA Crime Stoppers formalised a MoU to strengthen anonymous reporting and regional crime prevention. Energy Debate: The next steps in the fight over a massive solar farm near the M4 continue, with the May 22 comment deadline now in focus. Markets: Bermuda Stock Exchange reported no trades on May 21, with the index flat at 3,540.87.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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