Archive for July 31st, 2010

OneBeacon Reports Drop In Net Income

OneBeacon Reports Drop In Net Income

Bermuda-based insurer OneBeacon reported net income attributable to common shareholders of $8.6 million, or 9 cents per share, down from a profit of $128.2 million, or $1.35 per share, in last year’s second quarter. Second quarter comprehensive net income and net income were both $9 million and operating income was $18 million or $0.19 per share.... Read more of this article

Alligator Causes Delay For Teen Golfer

Alligator Causes Delay For Teen Golfer

[Updated] Earlier today [July 31] a Bermudian teenage golfer playing in an international tournament had a slight delay after he managed to hit his ball extremely close to an alligator. Ryan Roberts was playing in Day 3 of the 2010 Optimist International Junior Golf Championships in Palm Beach Gardens, Florida, when on the 11th hole the ball landed... Read more of this article

Photos: 2010 Cup Match Waterslide

Photos: 2010 Cup Match Waterslide

Yesterday’s (July 30) Cup Match pitch saw more than the usual batting and bowling, as after the game was suspended due to rain spectators took the pitch for a furious session of watersliding. The sliders were enthusiastically cheered on by the crowd as they sprinted and dove headfirst on the tarp-covered pitch. Not everyone present appeared to... Read more of this article

Witness Against Torture Group Meets Uighurs

Witness Against Torture Group Meets Uighurs

Three Christian activists from Witness Against Torture traveled to Bermuda on July 16, 2010 to meet with four Uighur men who were detained in Guantánamo Bay, Cuba for more than seven years, and resettled in Bermuda in 2009. The Bush administration conceded that the men are not “enemy combatants,” and in October 2008 a federal judge ordered their... Read more of this article

Bermuda Civil Aviation Signs AVISA Contract

Bermuda Civil Aviation Signs AVISA Contract

The Bermuda Department of Civil Aviation (BDCA) has signed a contract with AVISA, the global air safety and maintenance experts, to provide airworthiness assessment and technical services. The contract, the third one between the two entities, will see AVISA supply airworthiness and technical services for the Bermudian-registered fleet of aircraft based... Read more of this article

PLP’s Terry Lister Takes Campaign To Twitter

PLP’s Terry Lister Takes Campaign To Twitter

In his bid to seek the leadership of the Progressive Labour Party (PLP), MP Terry Lister has taken to the micro-blogging network Twitter, and it is believed he is the first Bermudian politician to actively use the service. His recent debut on Twitter, where communication is limited to 140 characters, was met with enthusiasm by the politically-inclined... Read more of this article

2010 Cup Match: $141.3 Million In Circulation

2010 Cup Match: $141.3 Million In Circulation

According to the Bermuda Monetary Authority, the amount of Bermuda Dollar notes and coin in circulation over this Cup Match holiday weekend is $141.3 million. This compares with a total of $137.2 million at the same period last year, an increase of 2.9 %. The total amount of notes and coins issued to the banks by the Bermuda Monetary Authority between... Read more of this article