Bermuda’s Reinsurance Role: New Alirt research says Bermudian-based reinsurers took about $1.1tn of ceded US life and annuity liabilities as of end-2025—41% of the total ceded, and 85% of what went to non-US jurisdictions—highlighting rapid growth since 2017. Regulatory Pressure on Offshore Life: US regulators are moving toward tighter capital rules for life business ceded to reinsurers in non-equivalent jurisdictions, with Cayman flagged as a fast-growing challenger to Bermuda’s dominance. Digital-Asset Insurance Warning: Relm’s Christian Ogden Davies says redomiciling crypto firms to Dubai doesn’t erase MiCA obligations for firms still serving EU users, with gaps often showing up in director liability, custody, wallet infrastructure and cross-border coverage. Climate Governance in Focus: Bermuda’s climate change task force has been out of action for nearly 18 months, and the Public Works minister says it will be reinstated—“not soon enough”—as stakeholders push for coordinated action. Energy Policy Update: Bermuda’s National Electricity Sector Policy 2026 was strengthened after consultation, with affordability and fair sharing of costs highlighted as key priorities through 2045. Education Leadership: Kalmar Richards has stepped down as Commissioner of Education after 40 years, while a newly constituted Board of Education has been announced to support governance during reform. STEM at Sea: STEMSEAS students spent time aboard NSF-funded research vessels, learning oceanography and data collection through hands-on field work. Marine Conservation in Sailing: World Sailing’s “Marine Megafauna in Sailing Guidelines” was shortlisted for a biodiversity award, aiming to reduce vessel strikes using science-based risk mitigation. Local Tech for Pet Travel: PadsPass, a Bermudian pet-travel document platform, won “Pet Start-Up of the Year,” citing strong subscription growth and growing airline partnerships. Business Results: Seadrill reported Q2 2026 results and raised guidance; Hamilton Insurance Group and Assured Guaranty also posted Q2 updates, underscoring continued momentum in Bermuda’s insurance and reinsurance sector.