AGP Executive Report
Last update: 9 hours agoSubsea Connectivity: Google has switched on its Nuvem transatlantic cable, linking Portugal (Sines) to the U.S. (Myrtle Beach) with branches to Bermuda and the Azores, boosting capacity to 384 Tbps and aiming for full service in 2026/2027—good news for Bermuda’s digital infrastructure and AI-driven demand. Stablecoin Regulation: The Bermuda Monetary Authority launched a consultation on stablecoin use for limited-purpose insurers, ILS structures, investment funds and intermediaries, proposing a cap of 25% of statutory capital and surplus, with feedback due by 30 Sept 2026. Energy Planning: Bermuda’s Integrated Resource Plan process has been formally suspended for up to 18 months as the Government seeks alignment with policy on affordability, while Belco asks for clarification after the plan’s recent publication. Cyber & Education Tech: Bermuda’s Department of Education rolled out a new online substitute teacher application platform, and the Office of Youth Affairs is pushing parent cyber safety and digital wellness courses. Local Tech in Finance/Insurance: Howard Hughes named Marc Grandisson executive chairman and David Gansberg CEO designate for Vantage, following its Bermuda-based acquisition. Workforce & Skills: BELCO wrapped up a 17-student summer internship programme across engineering, IT and operations. Community Tech Meets Sport: CiMiNow is the official digital ticketing provider for Cup Match 2026, using secure QR entry.
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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