Archive for January 4th, 2011

Upcoming: Best of Both Worlds Football Camp

Bermuda’s Brazilian Football School has partnered with SoccerID (Holland) and Bermuda’s Sports Management Group to bring five Dutch football coaches to Bermuda next month. The coaches are first class with two being UEFA A, two UEFA B and one UEFA C (Women’s Academy coach). Two are former KNVB coaches, and one is a former employee of the... Read more of this article

Everest Re Purchases Heartland For $55 Million

Bermuda-domiciled Everest Re Group, Ltd. announced yesterday [Jan. 3] that it has acquired the business and operations of Heartland Crop Insurance, Inc., a managing general agent, for $55 million plus the agreed upon value of the net assets of the agency, with an additional contingency of up to $13.5 million based on future performance. Everest Re Group,... Read more of this article

Seven Footballers Disciplined by the BFA

The Bermuda Football Association today [Jan 4] released a statement on Disciplinary Committee Rulings which saw seven football players cited for offences including assaulting a player by punching him, foul and abusive language towards the referee and making an obscene gesture. Five of the players come from the Premier Division and two from the First... Read more of this article

Swainson Appointed Hotel Services Manager

Bermuda Hospitals Board today today [Jan 4] announced the appointment of Bermudian Jerome Swainson to the position of Hotel Services Manager, starting today. The position is responsible for Environmental Services (Housekeeping), Food Services and Laundry at Bermuda Hospitals Board. Mr Swainson will report to the Chief Operating Officer (KEMH), Susan... Read more of this article

XL Hires New Head of Strategic Analytics

XL Group plc announced today [Jan 4] that Kimberly Holmes has joined XL as Senior Vice President of Strategic Analytics. Ms. Holmes brings more than twenty years of experience in the field of analytics and risk management in the insurance industry and reports to Greg Hendrick, head of XL’s Office of Strategic Growth. In her new role, Ms. Holmes... Read more of this article

Car Accident by Ice Queen: No Injuries

[Updated] At approximately 12:15pm today [Jan 4] an accident took place on the junction of South Road and Lover’s Lane in Paget by Ice Queen involving two vehicles. One vehicle ended up in a precarious position balanced on a wall: Police spokesman Dwayne Caines said that “It appears that one vehicle was exiting Lover’s Lane, and another... Read more of this article

Not Guilty Plea In $1.7 Million Drug Case

This morning [Jan 4] in the monthly Supreme Court arraignment session, a Canadian female alleged to have imported $1.7 million worth of drugs plead not guilty. Ontario resident Janet Grant, 47, is alleged to have imported cocaine, heroin and marijuana on October 21, 2010. Ms Grant was arrested after arriving on the island from a WestJet flight from... Read more of this article

Bermuda Win Opening Match in Dubai

The Bermuda National Cricket Team won their first match in Dubai, as they took on Dubai’s under/19 team at the first of five games on their training tour, which is designed to prep them for the ICC World Cricket League event to be held in Dubai from April 8 to 15, 2011. The Bermuda National Team bowled the UAE U/19 Team all out for 218, with Stefan... Read more of this article

Man Robbed & Knocked Unconscious

Late yesterday morning [Jan 2], a man was walking along Chancery Lane when two young men approached him from behind, knocked him unconscious and stole both jewelry and cash from the victim. A Police spokesman said “Also at 11:45am on Monday, police attended a reported robbery on Chancery Lane in Pembroke. The compliant stated that he was walking... Read more of this article

Police: Driver of Flipped Car Left Scene

This morning [Jan 4] the Bermuda Police confirmed that the driver of the car that overturned on Harrington Sound Road left the scene. According to a Police spokesman: “A few minutes after 2pm on Monday,Police received a report of single vehicle road traffic collision resulting in injury at the junction of Harrington Sound Road and Wilkinson Avenue... Read more of this article

“Spirit of Bermuda” Designer Dies

Celebrated American yacht designer Bill Langan – who designed the ”Spirit of Bermuda” sail training vessel and competed in 20 consecutive Newport-Bermuda races before going on to become the event’s technical director — died in Boston on December 31. He was 55 and had been battling leukemia. The marine architect —... Read more of this article

Report: BSX Records Decline In 2010

Bermuda’s stock market declined by almost 45 percent in 2010 — putting the island dead last in a global league table of market performances last year compiled by US analysts Bespoke Investors. The average country saw its major equity market index gain 15.33 percent in 2010. Sri Lanka’s stock market gained the most at 96.01 percent... Read more of this article