Archive for December 10th, 2011
Shooting In Somerset, No Injuries
[Updated] At approximately 11pm this evening [Dec.10] there was shooting in Somerset, with unofficial reports indicating that multiple shots were fired, and that no one was injured. There are a number of police officers in the area, and they have blocked part of Somerset Road/Cambridge Road off. The police are searching the area, and we see what appears... Read more of this article
Photos & Videos: 2011 Mr & Miss Cedarbridge
Family, friends and fellow students gathered at the Ruth Seaton James Centre last night [Dec.9] to watch the crowning of the winners of the 2011-2012 Mr & Miss Cedarbridge Academy Pageant. A slideshow was displayed depicting footage of the contestants leading up to the show, and the contestants opened the night with a dance routine and proceeded... Read more of this article
Estwaniks Win Cross Country Titles
The Bermuda Track and Field Association [BTFA] held their National Cross Country Championships at the Botanical Gardens this morning [Dec.10]. Chris and Ashley Estwanik won the Male and Female Open Titles, Chris Estwanik covered the 6 miles in a time of 31:05, with Sean Trott finishing second clocking 32:50 and Chayce Smith finished third with a time... Read more of this article
Howard Wins Farewell Final In Guatemala
Bermudian equestrian Claire Howard finished first in the Farewell Final of the FEI World Jumping Challenge being held in Guatemala this week. A BEF spokesperson said, “There were competitors from many of the countries that participate in the World Jumping Challenge and Claire got off to a good start on her borrowed mount Royalty by finishing fifth... Read more of this article
Videos/Photos: 2011 Police Community Day
Students from Clearwater Middle School and other members of the public took advantage of Friday’s [Dec.9] Community Awareness Day at Southside Police Station to learn more about policing, and how the community and the Bermuda Police Service can work together to decrease crime. Seen above with a group from Clearwater Middle School are teachers... Read more of this article
Football: Corona League Results
Last night [Dec.9] two Corona League games were played at BAA Field, and saw Flanagan’s Onions thrash St. David’s 9 – 0, and Tuffs Dogs win 3 – 1 over West End United. St. David’s 0 Flanagan’s Onions 9 The Flanagan’s Onions scored early and often as they defeated St. David’s 9 – 0. The Flanagan’s onions got three goals... Read more of this article
Conyers On Bermuda’s ILS Surge
International Hamilton law firm Conyers Dill & Pearman says Bermuda is at the heart of the convergence of the capital markets and insurance/reinsurance industries and is now witnessing a surge in insurance-linked securities [ILS] products and the establishment of ILS funds specialising in investment in these products. Conyers lawyers Charles Collis... Read more of this article
Abramoff Details Ties To Bermuda Firm
Disgraced Republican lobbyist Jack Abramoff once bragged he was in contact with former White House political strategist Karl Rove on behalf of a large, Bermuda-based corporation which wanted to avoid incurring some US taxes and to continue receiving federal contracts According to a 2005 written statement by President George W. Bush’s one-time... Read more of this article
Bermuda Insurance Act Reforms
The Premier and Finance Minister said amendments to the island’s Insurance Act passed by Parliament last night [Dec. 9] strengthen both Bermuda’s regulatory regime as well as its competitive advantage. Premier Paula Cox said ongoing reforms and upgrades to Bermuda’s off-shore re/insurance regulatory framework to keep current with international... Read more of this article
Hamilton Now ‘QM2′s’ Home Port
Recently reflagged in Bermuda, the Cunard luxury liner “Queen Mary 2″ [pictured] just completed a two-week refit with “Hamilton” replacing the British city of “Southampton” as its home port on the ship’s stern. More than 18 miles of new fabric and carpets have been laid in the liner, and work has been carried... Read more of this article
‘Cautious Optimism’ About Bermuda
Analysts at ratings agency A.M. Best are “cautiously optimistic” about a recovery in the Bermuda re/insurance market in 2012. In an interview with the company’s news service correspondent John Weber, A.M. Best Co. vice president Robert DeRose and senior financial analyst Greg Reisner discussed their just- released special report “Bermuda... Read more of this article
Bermuda Woos Canadian Captives
Bermuda officials have told A.M. Best’s news service the island has seen an uptick in interest from Canadian companies considering Bermuda as a domicile for their captives. This follows Bermuda and Canada agreeing to a Tax Information and Exchange Agreement earlier this year. The TIEA makes Bermuda subsidiaries of Canadian corporations eligible... Read more of this article
