AGP Executive Report
Last update: 10 hours agoBermuda Business: Bank of N.T. Butterfield says it made no common-share repurchases in July 2026, while the Bermuda Stock Exchange saw zero shares trade on Aug. 3 and the Royal Gazette/BSX Index closed unchanged at 3,754.81. Insurance & Finance: LOM Holdings reported first-half earnings fell 14.7% even as revenue rose 6.4%, with costs climbing faster; Allied World and Brit helped Fairfax post stronger underwriting results; and Talcott Financial announced a $6.3b reinsurance deal with Lincoln Financial. Local Government: The Child Day Care Allowance will increase from 1 September 2026 to help ease child-care costs and support parents staying in the workforce. Public Safety: Bermuda Police reported more than 40 arrests over the Cup Match holiday period, including seven suspected impaired drivers and five people allegedly found with knives. Sports: Bermuda’s Teagan Mewett broke a 34-year national swimming record; and Bermuda’s U19 rugby team heads to Mexico for the Americas North championship starting Aug. 5. Aviation: Bermuda Airport Authority awarded inaugural $5,000 bursaries to three students pursuing aviation careers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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