AGP Executive Report
Last update: 9 hours agoLocal Talent: Dart has named Cole Nicholson and Jahru Taylor as the first trainees in its real estate graduate programme, offering Caymanians practical experience and professional qualifications. Insurance & Reinsurance: Greenlight Re reported third-quarter net income of $3.2 million, down from a $4.4 million loss a year earlier, while gross premiums written slipped 1% to $181.9 million. Tourism: Stayover arrivals rose 11.3% to 376,495 in the first nine months of 2026, and hotel room revenue climbed 19%. The new Grand Hyatt on Seven Mile Beach adds suites, villas, a spa and five dining venues. Public Finance: The Auditor General says 315 accounting adjustments worth $172.5 million contributed to delays in public audits; the Finance Ministry has blamed the audit office. Business Conditions: Trade and Business Licence renewals are delayed amid higher application volumes and compliance checks. Businesses are urged to apply at least three months before expiry. Financial Services: The Grand Court ordered Cayman-registered AIX Secure SPV into liquidation, with petitioning creditors’ legal costs to be paid as a priority expense.
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.
Perspectify News
