AGP Executive Report
Last update: 7 hours agoInsurance & Risk Management: InsuranceERM’s Americas Awards 2026 spotlighted Bermuda-linked leadership, with Yibo Hu (Gibraltar Re and Lotus Re) taking CRO of the Year for strengthening risk appetite, stress testing and board reporting. Capital Markets & Finance: Marex says its Bermuda redomiciliation helped it complete a $500m hybrid perpetual notes offering, with expected 100% equity credit and pricing at 7.7% after earlier AT1 levels. Reinsurance Expansion: Distinguished Programs launched DistinguishedRe Property, backed by Bermuda-licensed Antares Re, opening a new property reinsurance platform with up to $50m capacity. Bermuda Economy & Policy: St David’s residents are set to weigh housing proposals at Tommy Fox Road and Channel House, with debate focused on whether more homes are enough for the community’s future. Workforce Development: Bermuda College and Google rolled out 500 free online scholarships through 2027, covering cybersecurity, data analytics, IT support, digital marketing and AI essentials. Business & Community: Bermuda Is Love is offering two paid summer internships focused on advocacy across housing, healthcare and economic justice. Tech & Payments: CIBC Caribbean expanded Google Wallet support across several markets, including the Bahamas, as Bermuda’s Butterfield deal with CIBC moves toward ownership transition. BSX Watch: Butterfield shares rose 2.7% on the Bermuda Stock Exchange, lifting the index to 3,660.01.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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