AGP Executive Report
Last update: 11 hours agoCorporate Markets: Cayman-headquartered JD.com won conditional EU approval for its CECONOMY takeover, subject to safeguards on foreign subsidies. Reinsurance: Greenlight Re posted third-quarter net income of US$3.2 million, reversing a year-earlier loss, though premiums and underwriting income declined. Oxbridge Re is also pitching its tokenized reinsurance and AI infrastructure work to investors this week. Tourism: Stayover visits rose 18.4% in September to more than 15,300, extending the growth streak to 11 months; arrivals through September were up 11.3% year over year. Jobs and Skills: WORC’s first monthly jobs digest counted 2,347 advertised positions and an average advertised annual wage of CI$26,325. Dart has named the first two trainees in its real estate graduate programme. Investment and Public Finances: Cayman officials are seeking investment-ready projects through a new Commonwealth family office network. Separately, the Auditor General reported CI$172.5 million in audit adjustments, renewing scrutiny of public financial management.
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