AGP Executive Report
Last update: 4 hours agoBermuda Finance & Regulation: The Bermuda Monetary Authority says AML/ATF “Key Person” vetting will require a Police Clearance Certificate for each relevant individual from 1 October 2026, tightening its fit-and-proper checks. Competition Policy: The Ministry of Home Affairs is consulting on a Market Fairness policy that feeds into a proposed Competition Act 2026, with potential criminal penalties for hardcore cartel conduct and merger review in essential sectors. Healthcare Oversight: Bermuda is moving toward an advance-review framework for significant healthcare system changes, aiming to protect patient access, affordability and stability. Insurance & Markets: Brookfield Wealth Solutions says assets have topped $200bn after acquiring Just Group, while Mangrove Property Insurance completed its 2026-2027 catastrophe reinsurance programme with record capacity; Pelagos Insurance Capital also reported a return to first-half underwriting profit. Business Briefs: Marex posted record Q2 profit of $165.9m; Bermuda Stock Exchange trading was steady in the latest reports, and the weekly shipping schedule for Aug 15 onward was published. Global Business Links: Manulife appointed Jeremy Young as Chief Distribution Officer for international brokerage, and Gold Reserve provided an update on scheduled litigation and arbitration dates.
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