AGP Executive Report
Last update: 10 hours agoJudicial Appointments: Governor Jane Owen has appointed Mark Phillips KC as a Grand Court Judge in the Financial Services Division, starting 2 November 2026, filling the vacancy created by Justice Nicholas Segal’s retirement. Maritime Policy: Premier André Ebanks marked World Maritime Day with a push to move from policy to practice under the Cayman Islands Maritime Governance Framework, aimed at stronger coordination and IMO compliance. Regulation & Insurance: Apollo CEO Marc Rowan warned that Cayman’s looser life reinsurance capital rules create a “gaping hole” for US regulatory arbitrage, while suggesting US regulators are closing the gap. Financial Services & Events: Spectrum added Spectrum+ workshops to its annual conference, with the first session on 2 October focused on relationship-led marketing in an AI-shaped market. Corporate Moves: Corient agreed to acquire Cayman-based FortCay Family Advisory, a $2.6bn multi-family office serving 14 ultra-HNW families, expanding Corient’s Cayman presence. Energy & ESG: CUC released its 2026 Sustainability Report covering 2025 performance and 60 years of service, highlighting resilience and affordability priorities. Digital Assets Education: Bron launched Bron Academy, a free digital asset learning platform for consumers and professionals, covering self-custody and security topics. Parliament & Sovereign Wealth: The Premier will seek parliamentary support in principle for a Cayman Islands Sovereign Wealth Fund, authorising research and policy development rather than committing funding.
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