Archive for March 2nd, 2011
Former Premiers In Leadership Symposium
Two former Premiers will be among the panellists addressing the question of leadership in Bermuda at an upcoming symposium. Sir John Swan and Alex Scott have accepted invitations from the Epsilon Theta Lambda Chapter (Bermuda) of the Alpha Phi Alpha Fraternity [AΦA] which is hosting next month’s seminar to explore the topic of leadership and... Read more of this article
Amlin: ‘It Has Been A Demanding Year’
Lloyd’s firm Amlin – which has a major Bermuda presence – today [Mar.2] reported its annual income was down by half in 2010 to £259.2 million as a result of “significant” natural catastrophe claims, with the firm incurring £204 million in losses from Chile and New Zealand earthquakes last year. Reserve releases of £156.5 million... Read more of this article
Newly Discovered Algae Thrive Off Bermuda
A team of US biologists has discovered an entirely new group of algae living in a wide variety of marine and freshwater environments — including in the seas off Bermuda. This group of algae, which the researchers dubbed “rappemonads,” have DNA that is distinctly different from that of other known algae. In fact, humans and mushrooms... Read more of this article
Moscow Move For CD&P’s Claire McConway
Conyers Dill & Pearman today [Mar. 2] said it would be further augmenting its Moscow office with the addition of senior corporate and finance lawyer Claire McConway as the Bermuda firm continues to expand its international footprint. Presently an associate in CD&P’s Bermuda head office which she joined as an associate in 2009, Ms McConway’s practice... Read more of this article
Workshop: “The School to Prison Pipeline”
February 23rd saw Tomorrow’s Voices Autism hold its sixth monthly workshop in its year-long Training Institute. The 2-hour workshop titled “Youth with Hidden Disabilities and Their Involvement with Juvenile Justice Systems” covered how school failure is intricately linked to subsequent involvement with the police, courts and future incarceration.... Read more of this article
Wall Street ‘Safer Place Without Gerova’
The Forbes.com investor advocate who helped to expose allegations Bermuda reinsurer Gerova “was likely fraudulent” has applauded the New York Stock Exchange’s decision to suspend trading in the company’s shares — but added the delisting won’t be the last of the bad news for those who have put money into the troubled... Read more of this article
Videos: Police Name Murder Victim, Make 3 Arrests
[Updated with videos] The Bermuda Police have officially named last night’s [Mar.1] murder victim as Jahmiko Leshore, and confirmed the arrest of three men in connection with the shooting. Mr Leshore, 26, was shot yesterday evening while in the Boundary Crescent, Devonshire area and subsequently succummbed to his injuries. Mr. Leshore leaves behind... Read more of this article
Minister Announces Landscaping Job Fair
On Thursday, March 10th, the Department of Labour and Training will partner with approximately 20 landscape gardening companies to host a Job Fair at the Bermuda College. In the Senate this morning [Mar.2], Minister of the Economy, Trade & Industry Kim Wilson announced the job fair saying, “Here in Bermuda landscape gardening is an area of... Read more of this article
Maiden: ‘Solid Results For Shareholders’
Bermuda-based Maiden Holdings, Ltd. yesterday [Mar.1] reported fourth quarter 2010 net income of $19.1 million, up 14.4% from $16.7 million in the fourth quarter of 2009. Earnings per diluted share of $0.27 increased 12.5% from $0.24 in the fourth quarter of 2009. Operating earnings for the quarter totaled $17.2 million, or $0.24 per diluted share,... Read more of this article
Genpact Chairman Accused of Insider Trading
The chairman of Bermuda-registered global outsourcing giant Genpact has been accused of insider trading by the US Securities and Exchange Commission. The SEC said yesterday [Mar. 1] that former Goldman Sachs director Rajat Gupta, 62, used his corporate board positions to supply confidential information to a hedge fund manager who is set to... Read more of this article
Food Drive Seeks to Help Needy Families
Digicel Bermuda and Hands of Love Ministry joined forces for a food drive to assist Bermudian families, which aims to provide canned goods and non-perishable food items to hungry families on the island. All Digicel customers will receive a text message notifying them of the food drive and the ways they can help. Customers may bring non-perishable food... Read more of this article
Upcoming Bermuda Educators Council Election
The Bermuda Educators Council will hold its 2011 Election on Tuesday, March 22, 2011. The nomination of eligible candidates will run from February 23 through March 8. Nomination forms and Electoral Scheme Rules are available on the Council’s website or from the Council Office. The Council comprises 15 members, who serve a four-year term. 11 new... Read more of this article
