Archive for May 4th, 2011

XL Announce Q1 Net Loss Of $227 Million

XL Announce Q1 Net Loss Of $227 Million

Global re/insurer XL Group yesterday [May 3] reported a net loss attributable to ordinary shareholders was $227.3 million, or loss of $0.73 per share for the first quarter of 2011, compared to a net income of $128 million, or $ 0.37m per share, in the first quarter of 2010. XL — headquartered in Ireland but with its executive offices in Bermuda – said... Read more of this article

Former Parliamentarian Austin Thomas Dies

Former Parliamentarian Austin Thomas Dies

Former Bermuda Parliamentarian Austin Thomas will be remembered as plain-spoken, principled and a relentless fighter for the causes and issues he held dear. Mr. Thomas, who has died at the age of 77, served in both the Progressive Labour Party and National Liberal Party during a political career which lasted more than 20 years. He was born on February... Read more of this article

Teen Pregnancy Prevention Day

Teen Pregnancy Prevention Day

Today [May 4] has been designated as Teen Pregnancy Prevention Day in Bermuda, and is intended to raise awareness about the value of preventing pregnancy during the teenage years. Health Minister Zane DeSilva said, “Tragically, a child born to an unmarried teen mother who does not graduate from high school is 9 times more likely to live in poverty... Read more of this article

RIMS Convention Underway: Premier Attending

RIMS Convention Underway: Premier Attending

The 47th Annual Risk and Insurance Management Society [RIMS] Convention & Exhibition began in earnest yesterday [May 3] in Vancouver, and Premier Paula Cox began the day conducting a series of meetings with industry partners. Premier Cox said, “In talking with the industry leaders, they spoke about the importance of innovation and quality. Our... Read more of this article

Arrest Made: Death Of Denise Evans

Arrest Made: Death Of Denise Evans

[Updated] The Bermuda Police have confirmed that a 46-year-old man has been arrested in connection with the suspicious death of 45-year-old Denise Evans Wilkinson. This past Friday afternoon [Apr.29], Police responded to a report of a body in the waters of the Mills Creek area in Pembroke, which was determined to be that of Ms Evans. Although the Police... Read more of this article

Law Students Perspective: Crime & More

Law Students Perspective: Crime & More

Two young men studying in the UK have expressed their concerns about the gun crime and other issues on the island, saying “There is a certain vantage that comes from being away from home for an extended period.” Jahkeel Quallo, 22, is a student at the University of Buckingham studying Law with Politics with hopes of becoming a Barrister... Read more of this article

StyleBermuda: Love At First Blush

StyleBermuda: Love At First Blush

Bermuda’s top fashion resource StyleBermuda.com has released their latest photo shoot, ‘Love at First Blush’, which they describe as “romantically chic…the new neutrals in fashion are deceptively simple – in blush tones, nudes, and creamy beige hues, add a touch of sophistication to your wardrobe this Spring!” The... Read more of this article

Film Company Files For Bankruptcy

Film Company Files For Bankruptcy

The Bermuda company which owns the rights to such blockbuster movies as ”The Last of the Mohicans,” “Young Guns” and “Robin Hood: Prince of Thieves” has filed for bankruptcy, citing a sharp decline in movie royalties. Inverness Distribution Ltd, the Bermuda-registered film company that was previously known as Morgan... Read more of this article

Bermuda Netball Association Prize Presentation

Bermuda Netball Association Prize Presentation

The Bermuda Netball Association recently held their Prize Presentation following their All-Star Games at the Bernard Park. This year’s winners for Most Improved player in the Under 12 Division was Jordyn Richardson, while Kiazha Dent-Scott won the Under 14 Division Award. Keashunea Robinson was crowned with the Under 16 Award and Sarafina Woolridge... Read more of this article

Education Fund For Children of Murder Victims

Education Fund For Children of Murder Victims

Saying “we have to start looking towards the future as a result of what’s happening now,” community action group ‘No Child Goes Without [NCGW] will be launching a campaign to raise funds for the further education of children who have lost their fathers to gun violence. NCGW plans to start a bank account for each child left fatherless,... Read more of this article