AGP Executive Report
Last update: 8 hours agoAirport Expansion: A publicly funded, multi-million-dollar project at Owen Roberts International Airport would add three commercial aircraft stands, private-jet parking and a taxiway. Construction is expected to start in 2027 as tourism and seasonal traffic strain capacity. Insurance Growth: CIMA issued eight international insurance licences in the third quarter, bringing 2026’s total to 28. Cayman’s 720 international insurers hold about US$203 billion in assets and have written US$62 billion in premiums. Financial Services: Cayman companies make up 58% of Hong Kong listings, underscoring the jurisdiction’s role in global capital markets. New CIMA anti-money-laundering and sanctions rules also took effect in September, raising compliance requirements for financial firms. Cost of Living: George Town ranked second among the world’s most expensive cities in mid-2026, behind Zurich. Labour Market: Cayman job postings rose 22.5% in 2026, pointing to continued demand across the local economy.
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