AGP Executive Report
Last update: 10 hours agoCapital Markets: Cayman-incorporated firms make up 58% of Hong Kong’s listed companies: 1,564 issuers, nearly 80% more than in 2015. Cayman funds held US$38 billion in Hong Kong portfolio assets in 2024. Insurance Growth: The international sector added eight licences in the third quarter, taking 2026’s total to 28. Cayman now has 720 international insurers, with US$203 billion in assets and US$62 billion in premiums written. Local Business: The government delegation’s Caribbean Investment Forum discussions focused on helping small firms access capital, adopt technology and reach new markets. The Small Business Expo also offers entrepreneurs practical advice and a chance to showcase their businesses. Cost Pressures: Imports fell 1% in the first half of 2026, but higher fuel prices pushed petroleum imports up 22.8%, despite lower volumes. Financial Services: Cayman’s Cover Re received a further US$65 million capital note, bringing its total funding to US$165 million. Separately, new rules clarify how regulated funds can issue tokenised interests and strengthen AML and sanctions compliance. Foreclosure Review: Parliament backed a review of how foreclosed homes are marketed, amid concerns sellers may lose equity when properties fetch below-market prices.
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
