AGP Executive Report
Last update: an hour agoFinancial Services: A new Commonwealth Family Office Network, launched with CYNREN, RBC and the Commonwealth Enterprise and Investment Council, aims to connect investors with businesses and opportunities across the region. Separately, the Cayman Islands Financial Services Institute graduated 15 students; 42 of its 52 diploma graduates to date are Caymanians. Insurance: Cayman’s reinsurance association has backed the government’s bid for U.S. Qualified Jurisdiction recognition, pointing to CIMA’s ongoing supervision of reinsurers serving U.S. insurers. Utilities: Consolidated Water reported third-quarter revenue of US$30.9 million, down 11.9% year over year, as growth in retail and bulk water revenue was offset by declines in services and manufacturing. Tourism and Environment: The Department of Tourism’s “Welcome to vaCay” campaign won a Silver Travel Weekly Magellan Award and was named a finalist in The Drum Awards. A new Eden Rock pilot will test reef-regrowth technology, amid continuing pressure on coral cover and marine ecosystems. Public Infrastructure: A GIS Day forum will introduce about 200 students to mapping technology used in land management, planning, environmental monitoring and emergency preparedness.
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