AGP Executive Report
Last update: 37 minutes agoHousing Accountability: The Auditor General’s latest housing findings are pushing the PPM to demand stronger delivery and reporting, while the OAG flags gaps in the government’s 10-year housing strategy and calls for faster legislative action. Housing Fees & Access: Government confirmed revised driving licence and related fees take effect 1 September, cutting non-Caymanian full licence differentials and adding longer-term Caymanian discounts. Tourism & Travel Demand: Cayman welcomed a record 333,747 stay-over visitors in Jan–July (+11%), with July stay-over arrivals up 10% as cruise numbers fell but stayed ahead year-to-date. Insurance Regulation: CIMA revoked Progressive Grocers Insurance SPC’s Class B(ii) licence effective 1 September for fee, solvency, and filing failures. Reinsurance Ratings: AM Best affirmed GUNA Re (Cayman) at A-/a- with stable outlook after removing it from under-review status following an ITOCHU capital injection. Industry & Business: IMAC’s annual gala silent auction opens for its scholarship fund, and Cayman Airways launched “Refund Protect” with Protect Group across all routes. Crypto & Compliance: A pay-to-play influencer dispute is under WORC investigation, while US regulators warn consumers about unregulated offshore DeFi exchanges.
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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