AGP Executive Report
Last update: 3 hours ago9/11 Remembrance: Bermuda marked the 25th anniversary of the September 11 attacks, with Premier David Burt naming three Bermudian nationals killed that day—Rhondelle Tankard, Boyd Gatton and Robert Higley—and stressing that the pain and grief remain. House of Assembly: MPs are set to debate nine Bills, including updates to beneficial ownership, charities anti-money laundering rules, births and deaths registration, proceeds of crime measures, and a payroll tax rate change. Legal & Justice: A defence lawyer, Bruce Swan, was fined $600 for practising without a valid practising certificate, while a Supreme Court trial heard evidence in a cannabis smuggling case involving more than 12 kilograms. Insurance & Regulation: Industry sources criticised new closed-category entry-level insurance roles, and Fitch said Bermuda is likely to retain its life reinsurance edge offshore. Economy & Infrastructure: Minister Jache Adams updated lawmakers on the Swing Bridge Replacement Project, including restoring the ability to open for larger vessels. Business Deal: SED Energy Holdings and Ventura Offshore signed an LoI for an all-share combination with an implied pro forma equity value around $1bn. Sports: Nathan Petronzio shot 67 to lead after the opening round of the Goslings Bermuda Open at Port Royal.
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