Archive for February, 2011
Bermuda Featured On NBC “Changing Planet”
A five-person NBC Network crew from the United States visited Bermuda Institute of Ocean Science [BIOS] in December to report on ocean temperatures and film a cruise on the research vessel Atlantic Explorer. NBC reported that: “Famous for its luxurious golf courses and pink sand beaches, Bermuda is also home to one of the world’s leading... Read more of this article
Photos, Video & Score: Friday Night Hockey
Last night [Feb 25] at the National Sports Center the Swallows and Canaries battled to a scoreless draw in their Women’s B Division field hockey match. Both of the teams created chances, however neither could find a way beyond the opposing goalkeeper to result in a scoreless draw. Watch some video action, and view a photo gallery below. Photos by... Read more of this article
Videos: UBP MPs Speak on Budget
Yesterday [Feb 25] the UBP hosted a press conference to address the 2011/12 Budget. MPs that spoke UBP Leader Kim.Swan, Shadow Finance Minister Bob Richards, MP John Barritt, MP Louise Jackson, and MP Charles Swan. Louise Jackson speaks on pensions, health insurance, seniors and more: John Barritt speaks on the debt level and cuts, saying cuts do not... Read more of this article
Ticonderoga Breaks Off Gerova Talks
Broker-dealer Ticonderoga Securities said today [Feb. 25] it has ended merger talks with reinsurer Gerova Financial following the suspension in trading of the Bermuda reinsurer’ stock by the New York Stock Exchange. Earlir this week the NYSE halted trading in Gerova shares saying it was evaluating the need for further disclosures and the suitability... Read more of this article
Ministerial Statements: Education Budget
Today [Feb. 25] in the House of Assembly, Minister of Education Dame Jennifer Smith spoke in reference to the budget allocated to the Ministry of Education. Comparing 2010 to 2011, the Education Ministry’s budget has been reduced from $143.1 to $128.2 million. Dame Jennifer said: “Bermuda spends more per capita on Education than many of... Read more of this article
Bermuda On Agenda At AIFA Conference
The state of the island’s re/insurance sector will be discussed in Florida on Monday [Feb.28] when some of the leading Bermuda industry players participate in a forum at the Association of Insurance & Financial Analysts [AIFA] 36th Annual Conference in Naples. The Bermuda panel is expected to feature Endurance chief actuary and CRO Make Angelina,... Read more of this article
Update: Bermuda Bowlers in Malaysia
Three of Bermuda’s top bowlers are presently in Malaysia competing in the Commonwealth Bowling Championships. Damien Matthews, Patrice Tucker and June Dill are competing against bowlers from over a dozen Commonwealth countries such as England, Australia and India. Damien Matthews is currently 23rd overall in the Men’s Division of the V Commonwealth... Read more of this article
“Dangerously Prolific” Bike Thief Jailed
Now 43-years-old, with his first conviction in 1982 when he was 14, admitted serial bike stealer Kevin Howard this morning [Feb 25] pleaded guilty in Magistrates Court to yet two more charges of stealing bikes. The DPP Prosecutor gave the information that a cycle reported as stolen on the 9th February 2011 was found, two days later on 11th February,... Read more of this article
Live Webcast: UBP Budget Press Conference
[Finished] Follow along live as Shadow Minister of Finance Bob Richards, flanked by fellow UBP MPs, hosts a press conference this afternoon [Feb. 25]. Earlier today, Mr Richard’s delivered Opposition’s reply to the 2011/12 Budget in the House of Assembly. With Mr Richards at the press conference is UBP Leader Kim.Swan, MP John Barritt,... Read more of this article
Attempted Burglary: 18-Yr-Old Arrested
An 18-year-old St George’s man was arrested in connection with an attempted burglary at a Hamilton parish residence yesterday [Feb. 24]. A Police spokesman said: “At 9:45am on Thursday, Police attended a reported attempted burglary at an Old Road, Hamilton parish residence. It appears that earlier that day an unknown man attempted to gain... Read more of this article
White Mountains Declares Share Dividend
At its regular meeting held yesterday [Feb. 24] the board of directors of Bermuda-domiciled White Mountains Insurance Group, Ltd. declared a $1.00 per share annual dividend, payable in cash on March 30, 2011, to holders of record of common shares as of the close of business on March 21, 2011. White Mountains is a financial services holding company... Read more of this article
Photos: Bermuda Police Passing Out Parade
Yesterday afternoon [Feb 25] the Passing Out Parade for Recruit Foundation Course #73 took place at Police Headquarters in Prospect, Devonshire. In attendance at the ceremony were several dignitaries including: Acting Governor Mr. David Arkley, Acting Minister of National Security Walter Roban, Attorney General & Minister of Justice Michael Scott,... Read more of this article
