AGP Executive Report
Last update: an hour agoBermuda in the spotlight: Bermuda youth sailors are set to compete at the 2026 Optimist World Championship in Tangier, Morocco, with Team Bermuda proudly represented among nearly 300 sailors from 77 nations. Local sports: Bermudian skipper Peter Bromby remains in the hunt at the IOD World Championship in Marblehead, sitting second after four races, while Kelsey Durham’s team slipped to seventh on day two. Government & property: The House of Assembly has approved the Government’s $14.5 million purchase of the Compass Point building in Hamilton from HSBC Bermuda, aiming to cut annual spending on leased office space. Business & finance: Seadrill Finance Limited, an exempted Bermuda company, priced a $700 million upsized offering of 6.750% senior notes due 2034. Legal shake-up: Bermuda’s Supreme Court ratified creditors’ decision to remove Deloitte officers as joint provisional liquidators at Custodian Life Limited. Weather: Tuesday is expected to be windy and very warm, with a Small Craft Warning in effect and an extreme UV index forecast.
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