Archive for April 28th, 2010
Bermudian Goalkeeper wins MVP Award
Bermuda international goalkeeper Freddy Hall has been given two awards by Quinnipiac University including ‘Most Valuable Player’ for the 2009 season. Mr. Hall also won the ‘Player’s Player of the Year’ award as voted on by his teammates. Mr Hall was also named to the All-NEC First Team, and was recognized as part of the 2009... Read more of this article
Montpelier Re 1st Q: $10 Million Net Income
Bermuda based Montpelier Re Holdings Ltd reported a $10 million net income for the first quarter of 2010, after the company saw a loss of $94 million associated with the Chilean earthquake. This compares to a $52.3 million gain in last year’s first quarter. Fully converted book value per share was $21.36 at March 31, 2010, an increase of 1.5%... Read more of this article
Pics: World Day for Safety & Honouring the Dead
A ceremony was held this afternoon [Apr 28] to recognize the World Day for Safety and Health and the International Commemoration Day for the Dead and Injured Worker. The ceremony recognized and remembered persons who have died in industrial accidents in Bermuda, as well as promoted safe work practices. Minister of Health Walter Roban spoke: - - President... Read more of this article
Premier Attends Cruise Ship Reception
Premier and Minister of Tourism Dr Ewart Brown attended a reception aboard the MS Veendam this morning [Apr 28] in recognition of the cruise ship’s inaugural visit to Bermuda. The Veendam can accommodate up to 1,350 passengers and contains many features including a $2 million art and antique collection, spacious staterooms with private verandahs... Read more of this article
BIU President Calls For Insurance Changes
BIU President, Chris Furbert, speaking today [Apr 28] on the “Sherri J” radio talk show on FM89.1 has called for local health insurance providers to lower their just announced planned rate increases that are to take effect from May 1st 2010. Mr Furbert says that the local insurance providers have increased their monthly premiums by anything between... Read more of this article
7 Yr Old Malaikah Takes Chicago By Storm
Malaikah Abdul-Jabbar made history on Mon April 26 as the youngest presenter in the 55yr history of the International Reading Association [IRA] conference in Chicago, which had an estimated attendance of 15,000. The 7 yr old was too short to see over the podium and had to stand on a chair to give her speech, which included audience members who had switched... Read more of this article
False: Canadian Warns We Have No Tsunami Plan
As reported by another news organisation yesterday [Canadian warns we have no plans for tsunamis] a Canadian expert made statements relating to a lack of tsunami plans in Bermuda. At a Dalhousie Alumni Reception held on April 26 at the Fairmont Hamilton Princess, Dr. John Gosse was the featured speaker, and presented “Bermudian Geohazards:... Read more of this article
American Safety Insurance: 1st Q $6.5 Million
Bermuda based American Safety Insurance Holdings Ltd reported first quarter net earnings of $6.5 million [$0.61 per diluted share] compared to $5.5 million [$0.53 per diluted share] for the same period in 2009. Financial highlights for the quarter included: Book value increased to $27.23 per outstanding share and $26.21 per diluted share at quarter... Read more of this article
Bermuda Resident Donates $50 Million to Oxford
A Bermuda resident has donated $50 million dollars to Britain’s Oxford University, five years after initially donating $100 million to the institution. Dr. James Martin, a technology entrepreneur considered one of the world’s foremost computer scientists, lives on his own private island in Bermuda. He is the owner of Agars Island, which... Read more of this article
