AGP Executive Report
Last update: 9 hours agoWorkforce & Local Talent: The Maples Group marked its 2026 Summer Internship Programme at an annual luncheon for 35 interns and 22 scholarship recipients, with a push to build Caymanian careers across legal, AML, funds, IT and more. Education & Social Support: Government approved a Summer Stipend Programme for eligible school bus drivers and bus wardens working for private companies contracted to move Government school students during the summer break. Professional Services Hiring: Appleby Cayman added Alexandra Woodcock to its Corporate and Finance team, while Baker & Partners welcomed Meenaa Azmayesh as a Senior Litigator focused on cross-border disputes, fraud and insolvency. Offshore Insurance Growth: CIMA data show Cayman’s international insurance sector keeps expanding, with 721 Class B, C and D insurers writing about US$61bn in premiums and holding roughly US$190bn in assets. Healthcare Fund Modernisation: Cayman’s Segregated Insurance Fund moved to a new secure online reporting system, replacing insurers’ spreadsheet emails to improve tracking and reconciliation. Tourism Momentum: June stayover arrivals hit 40,460 (+6.9% y/y), extending eight straight months of growth and delivering Cayman’s strongest first half on record. Crypto Exchange Update: Toobit launched a revamped new trader onboarding page with step-by-step futures access and rewards for early onboarding tasks. AI Jobs Warning: A World Bank report says high-income countries face AI job displacement risk over triple that of low- and middle-income economies.
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.