Archive for January 22nd, 2012

Photos: Reserve Police Promotions

Photos: Reserve Police Promotions

Six Reserve Police officers were promoted, with the ceremony taking place on Friday [Jan.20] at Police Headquarters in Devonshire. His Excellency the Governor Sir Richard Gozney and other senior police officers were on hand for the promotion ceremony. Chief Inspector to Deputy Commandant Deputy Commandant 1040 Cannoth Roberts – joined the Bermuda... Read more of this article

Photos/Video/Results: Women’s Hockey

Photos/Video/Results: Women’s Hockey

Yesterday [Jan.21] three hockey games took place in the Women’s B Division, with the Bluebirds, Wildcats and Budgies all chalking up victories for the day. Ravens 0 Budgies 1 The only goal of the game came when the Budgies Melanie Fullerton scored from a Penalty Corner in the 57th minute. Swallows 1 Bluebirds 4 The Bluebirds went in front in... Read more of this article

Supernatural Bermuda Triangle Thriller

Supernatural Bermuda Triangle Thriller

A supernatural thriller in the vein of the “Blair Witch Project” and last year’s mock documentary “Apollo 18″ could be coming soon to a cinema near you. Hollywood’s WWE Studios announced yesterday [Jan. 20] they had acquired “Bermuda”, a found footage horror speculative script by screenwriters Bobby Lee... Read more of this article

Sundance Film’s Focus On Tax Avoidance

Sundance Film’s Focus On Tax Avoidance

Victoria Bruce, one of the filmmakers responsible for a new documentary premiering at the Sundance Film Festival this month, was drawn to the project when she realised her tax bill was higher than those of multinationals including Google — which avoid US taxes on foreign profits using off-shore jurisdictions like Bermuda. Her documentary “We’re... Read more of this article

Beauty Therapist Opens In-Home Spa

Beauty Therapist Opens In-Home Spa

With prices starting from $12, beauty therapist Angela Brangman opened the doors of ‘Anjel’s In-House Spa’ in Warwick at the beginning of January, aiming to “provide great quality services but at a fraction of the price.” Ms Brangman said that after working at a day spa in Hamilton, she found some of her clients struggling... Read more of this article

Chamber: Standardized 25% Duty Rate

Chamber: Standardized 25% Duty Rate

The Bermuda Chamber of Commerce’s Retail Division clarified its position regarding any proposed increases on personal import duties, calling for “an across the board, standardized duty rate of 25%” regardless of how they are imported. Last month Premier and Finance Minister Paula Cox said, “At the airport the rate is 35% however... Read more of this article

Videos/Results: Harness Pony Racing

Videos/Results: Harness Pony Racing

Harness Pony Racing action at the National Equestrian Center on Vesey Street yesterday [Jan.21] saw Abby’s Dream and EJ Carreiro win Heat One the 1.04’4 and Faster “A” Division Time Bar race clocking 1:03/4, with a time of 1:04 flat Cherokee’s Superman and Philip Correia finished second, while Time After Time and Darico... Read more of this article

Friday Night Football Results

Friday Night Football Results

At the Devonshire Recreation Club, Hopde Burrows gave Wolves the lead in the 6th minute, Jonte Pearson drew the Somerset Eagles level three minutes later. Vincent Minors Jr. put Wolves back in front in the 23rd minute and then four minutes later Jared Peniston scored for Wolves to make the score 3 – 1. Somerset Eagles pulled a goal back in the 46th... Read more of this article

Ratings Assigned To Legal Insurer

Ratings Assigned To Legal Insurer

A.M. Best Co. has assigned a financial strength rating of A [Excellent] and issuer credit ratings of “a” to Bermuda’s Attorneys’ Liability Assurance Society Ltd. [ALAS Ltd] and its wholly-owned Vermont subsidiary, Attorneys’ Liability Assurance Society, Inc./A Risk Retention Group [ALAS, Inc.]. The outlook assigned to all... Read more of this article

Best Affirms PMG’s Ratings

Best Affirms PMG’s Ratings

A.M. Best Co. has affirmed the financial strength rating of A [Excellent] and issuer credit rating of “a” of Bermuda’s PMG Assurance Ltd. The outlook for both ratings is stable. The ratings reflect PMG’s excellent capitalisation, historically strong operating performance and strategic position as the captive insurance company for Sony Group. These... Read more of this article

Allied World Q4 Losses: Up To $65M

Allied World Q4 Losses: Up To $65M

Allied World Assurance Company Holdings announced that it expects to record approximately $55 million to $65 million in catastrophe related losses and loss expenses in the fourth quarter of 2011. This includes an estimate of $40 million to $50 million from the flooding in Thailand which occurred in the fourth quarter 2011 and $15 million from increased... Read more of this article