AGP Executive Report
Last update: 11 hours agoReinsurance: Cayman-based Cover Re secured another $65 million in capital, bringing Resilience Foundation funding to $165 million, alongside three senior appointments. Energy: CUC chair Sheree Ebanks received Canada’s 2026 Woman in Energy award for her contribution to the sector. Insurance: The international insurance industry added eight licences in Q3, bringing 2026 approvals to 28; Cayman now has 720 international insurers with about US$203 billion in assets. Trade and costs: Imports fell 1% in the first half of 2026, but higher fuel prices pushed petroleum import costs up 22.8%. Jobs and skills: Job postings rose 22.5% in the first nine months, led by construction, hospitality and administrative services. Dart is also building a Camana Bay STEM centre, while its hospitality training programme graduated a record 17 participants. Tourism: Cayman Airways won Caribbean’s Leading Airline at the World Travel Awards and earned its first nomination for the global title.
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