Archive for May 13th, 2010
Good Samaritan Robbed By Teen Girl & Man
Last night [May 12] a would-be Good Samaritan was robbed after she stopped to help someone. The victim was riding her motorbike along Trinity Church Road, when she saw what appeared to be a female teenage motorcyclist in distress. The soon-to-be victim stopped to help, and the young female motorcyclist who had been feigning distress then gripped the... Read more of this article
Largest Domestic Common Share Issue in BDA
The Bank of N.T. Butterfield & Son Limited today announced that all Rights Shares available under its $130 million Rights Offering have been subscribed, making it the largest domestic common share issue in Bermuda history. Demand among holders of ordinary shares and other investors exceeded the available supply. Bradford Kopp, Butterfield’s... Read more of this article
Man Overboard On Cruise: FBI Investigating
Law enforcement officials investigating the disappearance of a crew member were waiting at a New Jersey Cruise ship terminal when the Explorer of the Seas cruise ship docked on Saturday, May 7th. On the cruise ship’s fourth call to Bermuda for the year, it safely departed Dockyard, Bermuda on Saturday May 1st evening, and on May 5th fellow crewmembers... Read more of this article
Police Cadet Program: Free College Tuition
The Bermuda Police Service [BPS] today held a press conference to highlight the success of their Police Cadet Programme, which offers college tuition of up to $20,000 a year paid in exchange for five years service on the force. It has been in existence since the early 1960’s and suffered a brief hiatus in 1997 when it was discontinued for a number... Read more of this article
WealthTV To Film Bermuda Feature
Bermuda CableVision announced today that as part of its ongoing efforts to promote tourism to Bermuda, it has arranged for a visit to the island by WealthTV Network to film a show focusing on Bermuda. The trip is being sponsored by Bermuda CableVision and the Bermuda Department of Tourism, and will take place from May 23 – 28, 2010. WealthTV can... Read more of this article
Alterra Capital Holdings To Start Trading Today
Alterra Capital Holdings Limited began trading this morning [May 13] on the NASDAQ Global Select market under the symbol ALTE and on the Bermuda Stock Exchange under the symbol ALTE.BH. Yesterday they announced the closing of a merger of equals between Max Capital Group Ltd. and Harbor Point Limited to form Alterra. The closing of the merger follows... Read more of this article
PartnerRe Names New CEO: Costas Miranthis
Bermuda based reinsurer PartnerRe announced that Costas Miranthis has been named the new President and Chief Operating Officer of PartnerRe Ltd., and will arrive in Bermuda to take up the post subject to approval by Bermuda immigration. Mr. Miranthis will succeed Patrick Thiele as CEO, effective January 1, 2011, following Mr. Thiele’s decision... Read more of this article
