Archive for February 26th, 2011
Report: Bermuda Container Firm Deal Near
Bermuda-based Triton Container International Ltd., which is owned by Chicago’s wealthy Pritzker family, is being solds sale to private-equity firms Warburg Pincus LLC and Vestar Capital Partners for about $1 billion, according to the “Wall Street Journal.”. Details of the sale are still being finalised, the business and financial... Read more of this article
‘Bad Year For Natural Hazard Exposure’
Despite an unusually mild 2010 Atlantic hurricane season last year was among the five costliest years for the insurance industry since 1980 — and Bermuda re/insurers are among the global industry players reappraising their exposure to natural hazards, a leading trade publication said yesterday [Feb.25]. “Insurance & Technology”... Read more of this article
Zeta Jones “Punched” By London Paparazzo
Her day began at Buckingham Palance with Prince Charles bestowing a royal honour on her– but it ended with former Bermuda resident Catherine Zeta Jones allegedly being punched in the face by an aggressive paparazzo. On Thursday [Feb 24], the Welsh actress and husband Michael Douglas — who lived on Longford Hill in Warwick until 2009 —... Read more of this article
Football Results: Bistro Cup Semi Finals
Corona League leaders Vasco bowed out of the Bistro Cup at the hands of Lock ‘N’ Key last night [Feb. 25] following a penalty shootout. The two teams battled to a 3 – 3 draw during regulation time, with Lock ‘N’ Key losing a 3 goal lead, however they would hold their nerve to win the Marathon Shootout. Lock ‘N’ Key got two goals from... Read more of this article
Seymour Pierce Terminates Merger Talks
British private investment bank and stockbroker Seymour Pierce called off its planned merger with Bermuda reinsurer Gerova Financial yesterday [Feb.25] because of mounting uncertainty about the company’s finances, “The Financial Times” has reported. The British business newspaper reports the decision earlier this month by... Read more of this article
Bermuda Featured On NBC “Changing Planet”
A five-person NBC Network crew from the United States visited Bermuda Institute of Ocean Science [BIOS] in December to report on ocean temperatures and film a cruise on the research vessel Atlantic Explorer. NBC reported that: “Famous for its luxurious golf courses and pink sand beaches, Bermuda is also home to one of the world’s leading... Read more of this article
Photos, Video & Score: Friday Night Hockey
Last night [Feb 25] at the National Sports Center the Swallows and Canaries battled to a scoreless draw in their Women’s B Division field hockey match. Both of the teams created chances, however neither could find a way beyond the opposing goalkeeper to result in a scoreless draw. Watch some video action, and view a photo gallery below. Photos by... Read more of this article
Videos: UBP MPs Speak on Budget
Yesterday [Feb 25] the UBP hosted a press conference to address the 2011/12 Budget. MPs that spoke UBP Leader Kim.Swan, Shadow Finance Minister Bob Richards, MP John Barritt, MP Louise Jackson, and MP Charles Swan. Louise Jackson speaks on pensions, health insurance, seniors and more: John Barritt speaks on the debt level and cuts, saying cuts do not... Read more of this article
