Archive for December 23rd, 2010
Catlin Increase NZ Estimate by $10 Million
Bermuda-based Catlin Group Limited announced yesterday [Dec 22] an estimate of the financial impact of the New Zealand earthquake in view of the increased interest in this event by the investment community. Catlin currently estimates that, based on total insured losses from the New Zealand earthquake of US$5.5 billion to US$6 billion, Catlin’s loss... Read more of this article
Photos & Video: Motocross Preseason Training
This past Sunday riders took the opportunity to squeeze in some preseason training before the Bermuda Motocross Association’s 2010/11 season kicks off this coming Sunday [Boxing Day, Dec 26]. Topping the point standings last season were Logan Jones, Zendai Ingham-Fubler, Jayden Ming, Senoj Mitchell, Jyire Mitchell, Chekari Gibbons, LJ DeGraff,... Read more of this article
Gale Force Winds Expected Tonight
Forecasters at the Bermuda Weather Centre bring us the unwelcome news that the spate of bad weather Bermuda has been experiencing will continue tonight, however they do say that we will have “decreased winds for much of Christmas weekend.” The BWS said today [Dec 23] that “Strong to gale-force winds and brief showers will continue... Read more of this article
Tonight: Duchess Boutique 5th Anniversary
Duchess Boutique is celebrating their 5th Year Anniversary with an upgrade, launching DuchessBoutique.Com and a special event tonight [Dec 23] at Ferrari Bar. There will be computers courtesy of iStore that you can use to shop online while having a cocktail, and there will also be Blackberry Torch and IPAD Giveaways for online purchases during night.... Read more of this article
Butterfield Promotes Student Networking
The Bank of N.T. Butterfield & Son Ltd. yesterday (Dec. 22) held its sixth annual “Butterfield 411″ Student Networking Event at the Bermuda Society of Arts in City Hall. The objectives of the Butterfield 411 are to create opportunities for local high school graduates and college/university students by helping them to make important business... Read more of this article
Staff Donations From CD&P & Lombard Odier
Two companies made donations to the registered charity ‘No Child Goes Without’ this holiday season, with the staff at the accounts department of Conyers Dill & Pearman donating $1,020, after they opted to give a donation to a charity instead of exchanging Christmas gifts. Pictured below is Grejai Smith of No Child Left Behind on the... Read more of this article
Former Prosecutor Bailed on Murder Charge
Former Bermuda prosecutor Lloyd Rayney has been granted bail in Australia where he is charged with killing his wife. Mr. Rayney walked from court today [Dec 23] with his two teenage daughters, and told Australian reporters he was looking forward to defending his innocence as he left Western Australia’s Supreme Court. The barrister, who worked... Read more of this article
Flagstone Buys Coverage from Montana Re
Flagstone Reinsurance Holdings, S.A. — which has its executive offices in Bermuda — announced today (Dec. 23) that Flagstone Réassurance Suisse SA, has purchased three years of fully collateralised retrocessional coverage from Montana Re Ltd., a special purpose reinsurer in the Cayman Islands. Montana Re offers Flagstone protection on... Read more of this article
Sandys Rotary Address Tiger Concerns
Sandys Rotary Club today [Dec 23] addressed the concerns over the appearance of a tiger at the Rick Thomas Magic Show next year in Bermuda. Recently the Bermuda Sun quoted Kim Sherlaw, SPCA director, as saying: “We are absolutely against this as we do not promote the use of animals in entertainment. We acknowledge it takes place but there is a fine... Read more of this article
Sunshine League’s Gift of Literacy
The Sunshine League received the gift of literacy today (Dec. 23) from the Bermuda Reading Association. The Reading Association spearheaded a special appeal on behalf of the Pembroke children’s home this Christmas season, encouraging the community to not lose sight of the most valuable gift they can give to youngsters — books. Members... Read more of this article
$129 Million Bermuda Dollars In Circulation
Bermuda consumers are tightening their belts this Christmas as the recession continues to eat into household budgets — but local shoppers will still be spending over the holiday period. The Bermuda Monetary Authority today (Dec. 23) said the amount of Bermuda dollar notes and coins in circulation over the coming holiday weekend will be $129.7... Read more of this article
Coast Guard Statement on Drug Arrest
[Updated] The U.S. Coast Guard today [Dec 23] issued a statement which appears to correspond to a statement issued yesterday by the Bermuda Police Service about the arrest of the three Bermudians aboard a boat with over $13 million worth of marijuana. The statement from the U.S. officials does not mention Bermuda in any manner, and when contacted by... Read more of this article
