AGP Executive Report
Last update: 5 hours agoInsurance & Finance: Bermuda’s Supreme Court has appointed PwC joint liquidators for failed Custodian Life Ltd, replacing outgoing provisional liquidators and pointing to longstanding regulatory breaches. Health & Consumer Safety: The Health Ministry issued a public alert after lab testing found undisclosed prescription-only drugs in several “organic” men’s sexual performance products sold in Bermuda, urging buyers to stop use and seek medical advice. Re/insurance Talent Pipeline: Mosaic Insurance welcomed a record eight interns across Bermuda, London, New York and Chicago, its largest cohort in six years. Energy Policy: The OBA’s Dwayne Robinson pressed for a final National Electricity Sector Policy, arguing fuel duty relief can’t fully offset rising costs and raising concerns about solar customers facing new charges. Maritime & Community: The Spirit of Bermuda drew media attention during Sail Boston, while the Bermuda Sloop Foundation highlighted training and youth programmes. Business & Capital Markets: HIVE Digital Technologies reported FY2026 revenue growth and closed a $184.66m private offering of exchangeable senior notes via its Bermuda subsidiary. International Policy Watch: UK regulators launched a consultation on a new captive insurance regime, explicitly positioning it as a way to compete with offshore centres including Bermuda. Agriculture & Biosecurity: A former agronomist says Bermuda’s import rules slowed responses to invasive fire ants, and highlights ongoing challenges with clearing pests.
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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