Archive for March, 2010
Bermuda Financial Services Conference in London
Today [Mar 25] Bermuda’s Deputy Premier and Minister of Finance Paula Cox will deliver the opening address with her brother Jeremy Cox, the CEO of the Bermuda Monetary Authority, delivering the closing remarks at the Bermuda Financial Services Conference in London. Hosted by Business Bermuda [formerly the Bermuda International Business Association]... Read more of this article
New Player to Enter Bermuda’s Solar Market
With the entrance of Arizona based Evolution Solar Corp [EVSO] Bermuda residents will have a new option for solar photovoltaic technology. The company recently completed the legal process of forming its new Bermuda subsidiary. EVSO announced in February 2010 that they decided to form the subsidiary, in order to meet contractual eligibility under Bermuda... Read more of this article
Catlin: Chile Earthquake Costs of $140 Million
Bermuda based Catlin Group Limited, an international specialty property/casualty insurer and reinsurer, today [Mar 25] announced initial estimates of the financial impact of the Chilean earthquake and Windstorm Xynthia. Based on a market loss estimate of US$6 billion, Catlin currently estimates that its exposure to the Chilean earthquake amounts to... Read more of this article
8 Years in US Prison for Bermudian Andre Trott
Bermudian Andre Trott received an eight year prison sentence this afternoon [Mar 24] in New Jersey for driving the getaway car from a murder and crashing the car into three other cars, seriously injuring one person. The 29 year old Bermudian is from Sandys Parish, and must serve 85% of his sentence before being eligible for parole. He also must pay... Read more of this article
Prison Commissioner: New Prison For Black Men
Commissioner of Prisons Lieutenant-Colonel Eddie Lamb spoke at the “Violence, Anger and the Legacy of Racism” seminar two weeks ago, and started out with a thought provoking statement: Where were you when the announcement rang out through this community, when the headline screeched across the Royal Gazette that the Government was building a... Read more of this article
Dr. Brown Presents Personal Check for Haiti Relief
On March 8th, Bermuda hosted a telethon to assist earthquake ravaged Haiti entitled “To Haiti with Love”, during which the Premier pledged to match the donations of civil servants. Premier Dr. Ewart Brown and his wife Wanda Henton-Brown, generously matched the $6,000 donations made by civil servants, with Dr. Brown calling into the telethon from... Read more of this article
Sandys Win Middle School Track & Field Champs
The Bermuda middle school track and field finals were held at National Stadium today [ Mar 24] and saw a domination from the west end. Sandys Secondary Middle School claimed title after title, and ended up cinching the overall school trophy. With strong school pride on show, good sportsmanship and deafening cheers to be heard, the event was well attended... Read more of this article
Lancashire: $65 to $125 Million in Chile Claims
Bermuda based Lancashire Holdings Limited today announced that it estimates its net losses before tax from the earthquake in Chile and subsequent aftershocks range from approximately US$65 to $125 million including the sum of gross claims and claims expenses, reinsurance recoveries and reinstatement premiums. Lancashire has exposure to risks in... Read more of this article
Singer Twanée Butterfield Launches ‘Video Blog’
Bermudian singer Twanée Butterfield launched a video blog on Youtube yesterday. The recently relocated singer she says she started the video blog so that everyone at home can stay up to date with what she has happening in the USA. Miss Butterfield recently moved to New Jersey to try and further her career. The talented singer has been performing publicly... Read more of this article
Worlds: Vanessa James in 10th After Short Program
Bermudian/French figure skater Vanessa James and partner Yannick Bohuer are sitting in 10th place following the Pair Short Program at the 2010 World Figure Skating Championships in Turin, Italy. The pairs competition has a total of 25 couples competing for the prestigious title. They received a total segment score of 55.60, with a technical element... Read more of this article
One Shooting Victim Released From Hospital
One of the victims from the triple shooting last week has been released from hospital. 49 year old Robin “Bird” Stovell, the only Bermudian injured, has reportedly been released from King Edward Memorial, and is home recuperating. On Fri, March 19th, two men sped by the sidewalk outside Place’s Place Bar shooting over 11 bullets... Read more of this article
“Forum For Change” March on Cabinet this Friday
An event entitled “Forum For Change” is scheduled to meet on Friday March 26 at 12:15pm on the grounds of the Cabinet Office. A flyer being handed out says: The 2010/11 budget is the last straw. In addition to penalizing ordinary Bermudians with higher taxes, many international and local business leaders think it will result in a loss of... Read more of this article
