AGP Executive Report
Last update: 9 hours agoEnergy Policy Update: Bermuda’s Ministry of Home Affairs has finalised the National Electricity Sector Policy 2026, setting direction for the electricity sector through 2045 and replacing the 2015 framework as distributed generation and fuel-price shocks reshaped the market. Solar Tariff Fight: Environmental groups BEST and Greenrock are urging a public protest against Regulatory Authority-approved “facilities charges” they say triple costs for residential solar customers, arguing it undermines Bermuda’s renewable push. Cyber Safety Alert: BELCO warns of a fraudulent email impersonating its Customer Service Team and urging recipients to download a “BELCO Supervision APP,” advising people to delete it and not click links. AI in Finance: AXIS Capital appoints Rahil Jogani as Head of Technology & Artificial Intelligence Strategy to drive enterprise tech and AI adoption across underwriting, claims, and risk selection. Digital Assets Insurance: Banyan Risk launches a Bermuda product for digital assets and emerging technology risks, offering D&O, professional liability, and crime coverage for exchanges, custodians, fintech platforms and more. Crypto Rewards Push: Bitget Wallet Card rolls out “Assetback,” converting eligible card cashback into Bitcoin, gold, or tokenized US stocks/ETFs. Road Safety Tech & Rules: Bermuda’s debate continues over e-bikes and road enforcement, with calls for better rider preparation and concerns raised about proposed traffic-penalty legislation. Biodiversity Story: A look back at the Bermuda petrel (cahow) recovery highlights how a 1951 discovery helped rescue the species from extinction.
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.