Archive for August 3rd, 2011
Emily: No Threat To Bermuda At This Time
The Bermuda Weather Service is closely monitoring Tropical Storm Emily and as of today [Aug.3] says that it is “not a threat to Bermuda at this time.” The storm’s closest point of approach to the island within 72 hrs is forecast to be 759 nautical miles to the west-south-west at 6pm this coming Saturday [Aug.6]. Tropical Storm Emily... Read more of this article
Court Hears Prowling & Intrusion Cases
A 35-year-old man pleaded not guilty to intruding on a woman’s privacy in Magistrates Court this morning [Aug.3]. The alleged incident is said to have occurred on July 10, 2011. Paulo Almeida was released on $2,000 bail and told to stay away from the female complainant. Also appearing in court this morning was 25-year-old Jamel Bascome who pleaded... Read more of this article
Video: Injured Man Arrives Via Navy Helicopter
Earlier this afternoon [Aug. 3] a military helicopter touched down at Bermuda’s L.F. Wade International Airport, in order to transfer an injured man to a waiting ambulance. The sailor and helicopter arrived from a U.S. warship that is located to the north of Bermuda. At approximately 3:50pm the helicopter arrived at the airport where it was met... Read more of this article
AXIS: Q2 Net Income Declines To $101 Million
Bermuda-based AXIS Capital Holdings Limited today [Aug.3] reported net income available to common shareholders for the second quarter of 2011 of $101 million, or $0.79 per diluted common share, compared with $205 million, or $1.51 per diluted common share, for the second quarter of 2010. For the six months ended June 30, 2011, AXIS Capital reported... Read more of this article
Validus Quarterly Dividend: $0.25 Per Share
Bermuda based re/insurer Validus Holdings, Ltd announced today [Aug.3] that its Board of Directors has declared a quarterly dividend of $0.25 per common share and $0.25 per common share equivalent for which each outstanding warrant is exercisable. The dividend is payable on September 30, 2011 to shareholders and warrant holders of record on September... Read more of this article
Conservation Dept. Statement On ‘Sea Lice’
The Department of Conservation Services today [Aug.3] released a statement about the recent reports of ‘sea lice’, which said that in “an abundance of caution, swimmers are being advised to avoid swimming in the Great Sound and adjacent areas as this is the area where most people were affected during the Cup Match holiday.” Yesterday... Read more of this article
Assured Guaranty Declares Quarterly Dividend
Assured Guaranty Ltd. today [Aug.3] declared a quarterly dividend of U.S. $0.045 per common share. The dividend is payable on August 31, 2011 to shareholders of record at the close of business on August 17, 2011. Assured Guaranty Ltd. is a publicly traded Bermuda-based holding company whose operating subsidiaries provide credit enhancement products... Read more of this article
Upcoming: ISL Gala At Hamilton Princess
The Lindo’s ISL Commissioner’s Gala will be held this coming Saturday [Aug.6] at the Fairmont Hamilton Princess Hotel at 6pm. The event is hosted by David Bascome and features the introductions of all Lindo’s ISL, MISL All Stars and Kappa All Stars, dinner, raffles, giveaways, special awards presentations, and key note speaker Mike Williams.... Read more of this article
BDOT Giving Away Three Trips To Bermuda
The Bermuda Department of Tourism is giving away three four-night, five-day retreats for two to Bermuda this month this month as part of The Bermuda Travel & Vacation Guide Trip Giveaway contest. The contest, launched in partnership with three Bermuda hotels and JetBlue Airways, is to ‘celebrate’ the launch of the new BDOT iPhone app. The... Read more of this article
Hockey: Bermuda Lose 6-0 To Guyana
[Updated] Playing in Brazil, the Bermuda Women’s National Field Hockey Team lost their third game in the 2011 Pan American Challenge Cup, being defeated 6-0 by Guyana today [Aug.3]. Guyana were up 3-0 at the half, and scored in the 40th, 42nd, and 67th minute to claim the victory over Bermuda. After the match Bermuda team member Iman Smith said,... Read more of this article
Sailboat Hoisted From Water After Drug Seizure
[Updated with video] The sailboat which was allegedly carrying a substantial amount of drugs plus a firearm was removed from the water today. Earlier this afternoon [Aug.3] a crane arrived at the east end dock and hoisted the sailboat out of the water, and it was placed on a truck in the presence of both police and customs officers and transported... Read more of this article
Norwegian Police “Seeking Clues” In Bermuda
According to a report from Reuters, investigators are checking whether Norwegian mass murderer Anders Breivik had “financial help” and are “seeking clues” in Bermuda and Antigua. The right-wing extremist killed 76 people last month in twin attacks that shocked the world. Anders Behring Breivik confessed to the dual terrorist... Read more of this article
