AGP Executive Report

Business Appointments: PwC Bermuda promoted David Cartmill, Crystal Pittendrigh and Damian Sealy to partner roles, highlighting growth in tax and re/insurance expertise. Politics & Public Services: Crystal Caesar resigned as Minister of Education and as a PLP senator, citing frustration with decisions driven by political objectives rather than evidence. Parliament Tension: In the Senate, independent senator Tawana Tannock said she was “frustrated” and felt obstructed during debate on a pension increase bill for public servants. Housing Costs: Government says a fuel adjustment will add about $2.17 to the average monthly Belco bill from July 1, while also pointing to fuel duty relief. Safety Alert: Authorities are investigating a reported rattlesnake sighting in Southampton and urge residents to call 911 rather than try to capture it. Marine Sport: The Bermuda Gold Cup is set for a “new era” as the IOD fleet is replaced by Fareast 28R match racing boats. Finance & Markets: Bermuda Stock Exchange trading was light, with the RG/BSX index unchanged and Butterfield down on the NYSE.

Public Safety: Authorities in Southampton are on high alert after a verified rattlesnake sighting near Gibbs Hill Road, with officials identifying it as an eastern diamondback and urging residents not to approach—call 911 instead. Marine Tragedy: The co-pilot injured in Sunday’s fatal Hamilton Harbour powerboat crash is recovering at home, while police continue their investigation into the incident that killed pilot Rickai Raynor. Politics & Pensions: In the Senate, independent senator Tawana Tannock said she felt “frustrated” and claimed obstruction during debate on a Pension (Increase) Amendment Act that raises public servants’ pensions by 10%. Privacy & Enforcement: Bermuda’s Privacy Commissioner signals the start of a more active enforcement phase under Pipa, after years focused on preparation and education. Community & Justice: The Bermuda Equal Justice Initiative launched a $10,000 annual scholarship to grow the pipeline of criminal law advocates in Bermuda. Sports & Local Talent: Bermuda’s women’s football and rugby programmes are in focus, with a senior women’s coach advert and preparations for a Cayman friendly, while athletes also juggle international schedules.

Wholesale Insurance Appointments: Hamilton Insurance Group named Mike Mulray President of Hamilton Select and promoted Daniel Tague to Chief Underwriting Officer as it pushes its wholesale-only growth strategy. Pension Debate in Senate: Independent senator Tawana Tannock said she felt “frustrated” and claimed obstruction during passage of the Pension (Increase) Amendment Act 2026, which raises public servants’ pensions by 10%. Public Safety Reform: Police welcomed the Justice and Community Safety Reform Act 2026, saying it gives courts tools to better manage bail breaches and encourage witnesses to come forward. Reintegration Housing: The Attorney-General outlined Astor House, a transitional housing and support initiative for people leaving prison, funded through multiple ministries. Road Safety Event: CG Insurance backed the fourth annual CG Slow Race at Motor Fest, rewarding riders for control and balance over speed. Sexual Assault Prevention: Police urged the public to respect consent, watch drinks, and report or seek help if something feels wrong. Community Health & Crime Support: Turning Point retained CARF accreditation for addiction services until 2029. Legal Aid for Criminal Law: The Bermuda Equal Justice Initiative launched the Dr Courtenay Griffiths KC Justice Award Scholarship, offering $10,000 for Bermudians pursuing criminal law in Bermuda. Wildlife Alert: Authorities are still searching Southampton for a suspected eastern diamondback rattlesnake and say antivenom has arrived; residents are told to call 911 and not approach. Business Moves: Clarien Bank promoted Melissa Buckley Pridham to senior VP and head of personal and private banking; PwC Bermuda named three new partners; Walkers promoted seven Bermudians across Bermuda and London.

Cricket & Sport: Team Bahamas battled to a second-place finish at Bermuda’s ICC Men’s T20 World Cup Americas qualifier, while Bermuda topped the event undefeated (3-0) to advance automatically. Davis Cup Prep: WER Joell Tennis Stadium is getting remedial works ahead of Bermuda’s September Davis Cup tie against Mexico. Drink-Driving Debate: Police Commissioner Darrin Simons backs lowering Bermuda’s drink-drive limit to reduce “opportunity” for drivers to misjudge impairment. Corrections Reform: An independent review says Bermuda’s corrections system is “not working,” citing staffing, leadership, infrastructure, rights, rehabilitation and accountability failures. Politics & Caricom: Opposition leader Ben Smith says the Government hasn’t done a full legal analysis of how full Caricom membership could affect Bermudian US travel, pushing for a referendum. Health Research: A Caribbean prostate cancer genetic study is expanding, with free PSA testing rolling out beyond Bermuda to Grenada. Business & Finance: Marex completes its redomiciliation to Bermuda; Bermuda Stock Exchange trading shows Butterfield down 1.6% and Allshores flat. Public Safety: Residents are urged to “Trim it Back” to keep overgrown roadside vegetation from disrupting essential services ahead of hurricane season.

FATF Oversight: The UK has taken over the FATF presidency and pledged to tackle the “fraud epidemic,” with Bermuda’s next FATF/CFATF mutual evaluation due to start in October. Heritage & Community: Bermuda National Trust heritage awards recognised the Christian Humann Foundation with the Palmetto Award, plus multiple volunteer service honours. Road Safety Prep: Residents are urged to “Trim it Back” by cutting overhanging trees and hedges to protect roads, workers and essential services ahead of hurricane season. Local Business & Travel: FryDays Bounce House in Dockyard will close July 22 after eight years. Air Canada’s long-running role in keeping Bermuda connected was highlighted after talks with the Bermuda Tourism Authority. Sports & Culture: OUTBermuda unveiled the July 4 Pride Parade and Concert schedule, and the Clyde Best documentary was selected for the River Valley Film Festival screening July 18. Health: Bermuda Hospitals Board’s Turning Point addiction services retained CARF accreditation through 2029. Finance: Butterfield shares fell 1.6% on the BSX; the BMA also moved to wind up Yew Tree Investments after repeated investment fund rule breaches.

Corporate Income Tax: Bermuda’s first year of the corporate income tax is already showing clear winners and losers, with HSBC Bermuda booking a $44.3m tax expense on $295m profits in 2025 while some local banks are outside the scope. Road Safety: The police say new speed cameras could drive speeding tickets up fourfold or more, potentially from about 5,000 a year to around 20,000 during early roll-out. Employment Tribunal: A new policy paper flags employers ignoring tribunal orders, proposing $15,000 civil penalties per impacted employee and even a public compliance watchlist. Ocean Policy: Fishermen push back on the Bermuda Ocean Prosperity Programme’s proposed 20% full protection, while the Bermuda National Trust and nearly 70 groups argue the Marine Spatial Plan is a “generational opportunity.” Housing: The housing minister insists an affordable project’s first phase will not overspend, saying the $64m contract price is “key in hand.” Public Safety: Residents remain on alert after a rattlesnake sighting near Gibbs Hill Road, as authorities and the aquarium zoo work to locate it. Marine Tragedy: The powerboat community is mourning Rickai Raynor after a fatal Hamilton Harbour crash. Cybersecurity: Government warns of a Fortinet “FortiBleed” credential compromise campaign targeting exposed devices. Business & Community: BermudAir will shift its Orlando nonstop from MCO to SFB from October 2026, and the City of Hamilton’s free Summer Sunday: City Funday returns July 12.

Aviation Safety Watch: American Airlines flight 308 aborted takeoff at Miami International after a private jet crossed the runway without clearance, triggering an FAA investigation into a near runway incursion. Air Travel to Bermuda: BermudAir will move its Central Florida nonstop service from Orlando International (MCO) to Orlando-Sanford (SFB) starting October 2026, with Belize expansion in December. Energy & Skills: Home Affairs announced a $20,000 energy scholarship for students in energy-related and technical fields, with applications due July 31. Maritime Policy: The Red Ensign Group conference opens in Bermuda today, focusing on ship registries, quality flags, emerging fuels and seafarer training. Ocean Science: Bermuda’s Sargasso Sea Commission released its Socio-Ecosystem Diagnostic Analysis, highlighting the sea’s climate, fisheries and biodiversity value. Health Update: Bermuda Cancer and Health Centre launched contrast-enhanced mammography, aiming to improve clarity and reduce call-backs. Public Safety: Government warned of WhatsApp/text scams falsely claiming to be from the Bermuda Post Office (and similar DHL messages). Community & Culture: City of Hamilton’s free Summer Sunday: City Funday returns July 12 at Victoria Park, plus Disney: Then & Now at the Victualling Yard on July 5.

Aviation Safety: A Bermuda-bound American Airlines flight aborted takeoff in Miami after a business jet entered the runway, with the aircraft coming within about a third of a mile; the FAA is investigating. Marine Tragedy: A powerboat pilot died after a crash in Hamilton Harbour during a Bermuda Power Boat Association race series; a co-pilot was injured. Housing & Cost of Living: Minister Zane DeSilva says the Affordable Housing Programme has reached financial close for the first phase, aiming to deliver 229 units islandwide; meanwhile, a new look at living costs highlights how rent and groceries are squeezing families. Cybersecurity: Bermuda’s National Security Ministry issued an alert to Fortinet FortiGate/SSL VPN users over the global “FortiBleed” credential-harvesting campaign. Business & Finance: Sixth Street will acquire a majority stake in Monument Re, while Rugged Rentals secured $1.1m to double its electric fleet. Digital Assets: Bittrex seeks a final appeal in Bermuda’s landmark crypto case over customer asset ownership. Sports: Eric West and Sienna Mosquera won Bermuda Amateur Stroke Play titles at Port Royal; Bermuda’s Under-19 and Under-17 teams wrapped up basketball action in Portugal.

Cybersecurity Alert: The Ministry of National Security warned Bermudians using Fortinet gear after a global “FortiBleed” credential-harvesting campaign, saying tens of thousands of devices worldwide may be compromised and urging urgent action, especially where multi-factor authentication is missing. Marine Safety: Police say two-vessel crash in Hamilton Harbour left occupants with serious injuries, with traffic diverted while responders assisted near the lower ferry. Aviation Watch: American Airlines Flight 308 to Bermuda aborted takeoff at Miami after a business jet entered the runway; the FAA has opened an investigation following a tense air-traffic exchange. Local Environment: Government teams are still hunting a reported rattlesnake near Gibbs Hill Road and are sourcing antivenom and protective equipment; residents are urged to call 911 and keep distance. Sports: Eric West won the Bermuda Stroke Play Championship for a third time at Port Royal, while Bermuda’s cricket team topped the ICC Americas qualifier after a 146-run win over Brazil. Travel: BermudAir expands its BWI winter schedule with new Turks and Caicos nonstop service plus more flights to Anguilla. Weather: Monday is bright but cloudier overnight with a few showers possible, high near 29°C.

Healthcare Costs: MPs discussed a possible framework to review healthcare changes after rising health insurance premiums, with Craig Cannonier citing steep monthly increases for his family and warning monopolies may be driving costs. AI & Culture: The Bermuda National Gallery launched a confidential community survey on generative AI use in Bermuda’s creative sector, asking residents about their experiences and views on regulation. Space Rules: Home Affairs Minister Alexa Lightbourne said her ministry is reviewing public feedback on earth station regulations, including licensing, spectrum management, health and safety, and cybersecurity. Pensions: Parliament approved a 10% public service pension increase from April 1, with about 3,700 seniors to receive extra payments in October. Sports—Cricket: Delray Rawlins smashed 121 as Bermuda beat Brazil by 146 runs to qualify for the ICC T20 World Cup Americas Regional Final. Sports—Cycling: Nicholas Narraway and Gabriella Arnold won Bermuda’s 2026 national time trial titles. Community & Events: Bermuda’s Canada Day beach party drew families to Warwick Long Bay, while the Newport Bermuda Race prizegiving is set for Government House tonight.

Local Sports: Bermuda booked its spot in the ICC Men’s T20 World Cup Americas Sub-Regional Qualifier Regional Final after an unbeaten run, beating Brazil by 146 runs at the North Field, National Sports Centre, with Delray Rawlins smashing 121 off 66 balls. Sailing & Community: The Newport Bermuda Race heads into tonight’s Prize Giving Ceremony at Government House, with Cal 40 Nicole winning the St. David’s Lighthouse Trophy and Black Jack 100 taking line honours and the Gibbs Hill Lighthouse Trophy. Public Service & Policy: Parliamentarians approved a 10% public service pension increase, effective April 1 but paid from October with retroactive amounts. Technology & Culture: The Bermuda National Gallery launched a confidential community survey on generative AI, asking how people use it and what rules they want. Environment & Safety: The House of Assembly heard updates on earth station regulations, with feedback focused on licensing, spectrum management, health and safety, and cybersecurity. Arts & Education: Bermuda Schools’ Art Exhibition raised more than $6,000 for arts education, with community-chosen People’s Choice awards.

Tourism & AI: Bermuda Tourism Authority’s incoming chief executive Jan Hutton says the industry must adapt as travellers increasingly use AI for personalised trip planning and discovery. Public Finance: Parliament approved a 10% public service pension increase, ending a 2014 freeze, with extra payments expected from October and retroactive amounts for the gap. Employment Justice: Economy and Labour Minister Jason Hayward outlined plans to strengthen enforcement of Employment Tribunal awards, including graduated penalties up to $15,000 per affected employee and a compliance watch list. Infrastructure Pressure: OBA MP Vance Campbell warns roads and water/wastewater systems remain unsafe and outdated, citing aging reservoirs and ongoing setbacks at Tynes Bay. Sports—Cricket & Football: Saltus hosts the inaugural FrayStar Youth Cricket Festival for under-15s, while Isai Gibbons commits to Saint Mary’s University for the 2026 season. Sports—T20 Qualifier: Bermuda coach Cal Waldron says he may shuffle the squad for the final group match against Brazil as qualification nears. Marine & Ports: Marine & Ports Services released the weekly shipping schedule starting June 27. BSX Update: June 26 trading saw 5,064 shares, with Allshores down 7.1% to $26 and the BSX index down 0.53% to 3,681.41.

Environment & Public Safety: Officials are investigating a reported rattlesnake sighting near Gibbs Hill Road in Southampton, urging residents to call 911, keep pets indoors, and avoid dense vegetation or enclosed hiding spots. Business & Markets: Butterfield’s US-listed shares closed above $60 for the first time, ending at $60.34, while Bermuda’s BSX index fell on the week with Allshores the only stock trading. Digital Assets & Regulation: The BMA says Bermuda’s digital asset sector grew to 49 licensed businesses by end-2025, alongside higher regulator revenue and staffing expansion. Sports (Cricket): Delray Rawlins powered Bermuda to a 10-wicket win over Panama in the T20 World Cup Americas qualifier, with Bermuda close to clinching the regional final. Community & Health: Police say missing man Eugene Gibbons has been found safe and well. Humanitarian Aid: Bermuda Red Cross launched an international appeal for Venezuela earthquake victims, targeting support for 300,000 people.

Parliament & Pensions: Bermuda MPs return today to debate a 10% pension increase and changes to the Immigration Appeal Tribunal, including new powers for the chairman to dismiss stalled appeals. Marine Protection: Scientists behind Bermuda’s Marine Spatial Plan are urging faster action, warning delays could force tougher restrictions later and calling for legislation to lock in marine-protected areas. Local Sports: Delray Rawlins powered Bermuda to a 10-wicket win over Panama in the T20 World Cup Americas qualifier, with Bermuda closing in on the regional final. Golf: Jarryd Dillas and Tracy Burgess begin defending their Amateur Stroke Play crowns at Port Royal, with strong fields on both sides. Youth & Money Skills: A new eight-week “Young Money Minds” camp will teach children aged 4–9 basic earning, saving, spending and giving through games and activities. Tourism & Work: Fairmont Southampton redevelopment guest workers have been using Warwick Camp as temporary accommodation, with new work permits now exceeding 450. Business & Finance: HIVE Digital Technologies priced US$115m of 0% exchangeable senior notes due 2031, with closing expected June 30. Public Safety & Transport: A viral taxi dispute has sparked debate after the driver said he could have handled the exchange better while describing an intoxicated passenger.

Bermuda Cricket: Delray Rawlins hit the quickest T20 half-century for Bermuda—an unbeaten 52 off 17 balls—as the island beat Panama by 10 wickets to move close to the ICC Americas final. Local Sports: Camerin Pickering set a new Bermuda national record at the Pan American Archery Championships in Mexico, scoring 653 in the men’s recurve. Community & Housing: Astor House in Hamilton has opened as transitional housing for nine men leaving prison or under community supervision, with court services support. Environment: Farmers in Devonshire and beyond received training to better manage Bermuda’s feral chickens, aiming to cut crop losses with humane, consistent methods. Business & Travel: BermudAir launched “The Great Bermuda Dash,” a multi-city digital scavenger hunt giving North American teams a chance to win a trip to Bermuda. Finance Watch: Allshores rose 9.8% on the BSX to close at $28, while Safepoint withdrew its planned $283.3m IPO. Public Safety: Police renewed a call for help finding Eugene Gibbons, last seen June 23 near the health clinic on Victoria Street. Health & Wellbeing: OutBermuda says Bermuda Pride 2026 has strong backing, with rainbow sponsorship support from Bacardi, Carey Olsen, Fortitude Re and RenaissanceRe.

Aviation & Trade: Bermudian-based Longtail Aviation is expanding its cargo operation, adding a Boeing 767 freighter after a successful test flight and preparing for a regulator-supervised proving flight. Public Services: The Mangrove Bay Post Office reopening has been pushed to July 6 to finish refurbishment, with upgrades aimed at safety and a better customer experience. Insurance & Finance: AM Best assigned Fortium Insurance a preliminary credit assessment of A- (Excellent) with a stable outlook, as the Bermuda start-up plans major early growth. Local Markets: The Bermuda Stock Exchange saw 5,000 shares trade on June 24, with Allshores up 2% to close at $25.51. Sports (Youth): Five Bermuda junior golfers will compete in the Caribbean Junior Golf Championship in the Dominican Republic starting June 29. Traffic Enforcement: Police say they’ll target speeding and dangerous riding by e-bike and electric-assisted pedal bike users under the Road Traffic Act. Community (Sports): Bermuda’s women’s hockey team has its CAC Games schedule set, opening July 26 vs Barbados.