AGP Executive Report
Last update: 9 hours agoInternational Insurance: Cayman’s sector added eight licences in Q3, bringing 2026’s total to 28. The jurisdiction now has 720 international insurers, with US$62 billion in premiums and US$203 billion in assets; 11 applications are under review. Cayman reinsurer Cover Re also secured a further US$65 million, bringing its capital notes to US$165 million. Jobs and Skills: Advertised vacancies rose 22.5% in the first nine months of 2026. Construction led September hiring, followed by retail and hospitality; Dart’s hospitality programme graduated a record 17 trainees, while a new Camana Bay STEM centre is planned. Energy: CUC chair Sheree Ebanks received Canada’s 2026 Woman in Energy award, recognising her contribution to Cayman’s power sector. Tourism and Transport: Cayman Airways won Caribbean’s Leading Airline at the World Travel Awards and earned its first nomination for World’s Leading Airline. Trade and Costs: Imports fell 1% in the first half of 2026, but fuel costs rose sharply as prices climbed despite lower volumes.
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