AGP Executive Report
Last update: 5 hours agoBermuda Hotel Industry: Greg Ramey has been appointed CEO of the Bermuda Hotel Association, effective Oct. 1, taking over from Stephen Todd after 12 years; Ramey previously led BermudAir Holidays and brings airline and group travel experience. Financial Literacy & Markets: The BMA and BSX kicked off World Investor Week at the BSX with a bell-ringing event, focusing on investor resilience, scam awareness, and “Invest in Your Future, Protect it Today.” Insurance & Risk: Arcadian Risk Capital is expanding property underwriting with a new Bermuda-led team headed by Gavin Davis, targeting commercial property and engineered risks for North America. Digital Payments: Berpay received a Bermuda Monetary Authority testing licence for a digital wallet aimed at making everyday payments easier using digital assets. Regulation & Private Credit: Bermuda’s insurance regulator warned that insurers can’t outsource understanding of private-credit risks to managers—boards must know borrowers, collateral, and governance. Maritime Security: Government issued an RFP for up to two new RBRCG patrol/interceptor vessels to modernise and standardise the Coast Guard fleet. Aviation Tragedy: The US Coast Guard suspended its search for six aboard a medical jet that disappeared after departing Bermuda for Boston, with debris found off Nantucket.
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