AGP Executive Report
Last update: 14 minutes agoLabour Day & Work Culture: Economy and Labour Minister Jason Hayward used his Labour Day message to stress how Bermuda’s unions and collective bargaining helped win workers’ rights, calling for unity across the labour movement. Community Heritage Planning: The Bermuda National Trust kicked off its Community Listening Project, launching an online survey for residents to shape its next strategic plan around natural and cultural heritage. Airport Biometric Upgrade: U.S. Customs and Border Protection rolled out Enhanced Passenger Processing at Bermuda’s L.F. Wade International Airport, using facial comparison to speed up preclearance while raising privacy questions. Reinsurance Tech Access: Howden Re launched Novark, a digital platform aimed at giving institutional investors near real-time visibility into insurance risk tied to reinsurance and ILS structures. Bermuda Market Impact: New BMA data says Bermuda insurers and reinsurers incurred about $1.34tn in global gross claims costs over 2016–2025, highlighting the sector’s reach beyond the US and Europe. School Readiness Update: Education Minister Diallo Rabain reported 148 school works completed and 212 in progress out of 610 items across 27 public schools ahead of the 2026/27 term. Road Safety Focus on E-bikes: Transport Minister Owen Darrell said e-bikes are under review as part of broader road safety enforcement, education, and regulatory updates. On-Chain ILS Legal Title: Harneys and droppRWA announced plans to bring on-chain legal title to Bermuda’s catastrophe bond market, targeting the first issuance by Q1 2027.
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