Archive for April 28th, 2011

CedarBridge Students Career Day At Hotel

The Fairmont Southampton is today [Apr.28] hosting four Senior School students as part of CedarBridge Academy’s Career Day 2011. In its second year of existence, Career Day is a component of CedarBridge’s student guidance program and provides pupils with the opportunity to be exposed to their desired careers before they enter the work force. Pictured... Read more of this article

Guidance Notes: Islamic Investment Funds

The Bermuda Monetary Authority today announced that it has published Guidance Notes that facilitate establishing Islamic investment funds in Bermuda. The Guidance Notes will help prospective applicants looking to establish such funds to comply with Bermuda’s funds regulations, specifically the Investment Funds Act 2006. They also complement Bermuda’s... Read more of this article

Cabinet Office Meets With BPSU & BIU

[Updated] The Cabinet Office and representatives from both the Bermuda Public Services Union [BPSU] and the Bermuda Industrial Union [BIU] met on the morning of 25 April in the Cabinet Office, and the Premier said “The Union is fully aware that Government cannot include a guarantee of no redundancies in an agreement.” Premier Cox extended... Read more of this article

Meet 2011 Miss Devonshire East: Davina Cannonier

In the second of a series of profiles of contestants, Bernews today spotlights 20-year-old Davina Cannonier who is representing Devonshire East in the upcoming Miss Bermuda Pageant. The Cedarbridge Academy and Bermuda College graduate works full-time at Anslies Interior Décor as a customer service representative and administrative assistant, and... Read more of this article

Passenger Evacuation: Faulty Heat Detector

This afternoon [Apr.28] passengers were evacuated from the airport after a fire alarm was activated due to a faulty heat detector. Passengers were allowed back into the terminal shortly after, and the AirTran flight was delayed by an hour. A spokesperson said, “A fire alarm was activated at the LF Wade International Airport this afternoon which... Read more of this article

Three New National Heroes To Be Honoured

Three trailblazers behind the social and political reforms that influenced the development of the modern day Bermuda will be jointly honoured as National Heroes in 2011. Making the announcement today [Apr.28] Minister of Youth, Families, Sports, and Community Development Glenn Blakeney said that after reviewing all of the nominations submitted by the... Read more of this article

Catastrophes Result In Major Loss For Aspen

Bermuda speciality re/insurer Aspen Insurance Holdings Limited today [Apr. 28] reported first-quarter net loss of $151.7 million or $2.23 a share, including losses of $255.9 million, net of reinsurance recoveries, reinstatement premiums and taxes, resulting from a recent series of natural catastrophe events. This compares with net profit of $18.3 million... Read more of this article

Summer Sundays To Start On May 1

The City of Hamilton today [Apr.28] announced the start of the Summer Sundays in the Park series. This year the events will take place May through September on the first Sunday of each month in Victoria Park. In making the announcement, City of Hamilton, Events Project Manager, Ms. Danilee Trott said, “We are starting this year’s season on Sunday... Read more of this article

Cricket Board Condemn “Misleading Article”

The top three officials at the Bermuda Cricket Board have released a statement saying they “unanimously condemn the misleading article” published in another media outlet yesterday [April 27] Reginald Pearman, President, Allen Richardson, 1st Vice-President and Lloyd Fray, 2nd Vice-President said they are “completely appalled by the... Read more of this article

Everest Re Losses Are Higher Than Expected

Everest Re Group Ltd , a Bermuda-based reinsurer, yesterday [Apr. 27] posted a higher-than-anticipated quarterly operating loss, hurt by hcatastrophe losses from natural disasters in Japan, New Zealand, and Australia. The company reported first-quarter operating loss of $323.6 million, or $5.95 a share, compared with a loss of $73.8 million, or $1.25... Read more of this article

Buses: Tourism Minister To Meet With Transport

This morning [Apr.28] Minister of Business Development & Tourism Patrice Minors said she is meeting “with representatives from the Transport Ministry to discuss what can be done to address any concerns, particularly as it relates to our bus system.” This follows on the heels of reductions to both the ferry and bus system, and an article... Read more of this article

Bermudian Rocks ‘Dancing With The Stars’

Bermudian Rebecca Faulkenberry — currently starring on Broadway in the Tony Award-nominated ’80s-era musical “Rock of Ages” — appeared this week [Apr. 26] with other members of the show’s cast to perform a special medley on the ABC ratings juggernaut “Dancing With The Stars.” Former Bermuda High School... Read more of this article