Archive for May 23rd, 2011
Ship Finance International Boosts Dividend
Bermuda-based Ship Finance International Ltd. todaY [May 23] reported a 44 percent decline in profit for the first quarter of 2011 on lower revenues and lower gains from asset sales. However, the company raised its quarterly dividend by 2.6 percent. The company’s net income for the first quarter was $32.10 million or $0.41 per share, down from... Read more of this article
Travel Expert To Address Captive Conference
Doug Lansky — an adventurer and award-winning travel writer for “National Geographic” and “Huffington Post” — will be the keynote speaker at the upcoming Bermuda Captive Conference, promising to take international re/insurance executives around the world in 80 laughs. The conference is being held at the Fairmont Southampton... Read more of this article
White Mountains Affiliate’s New Syndicate
White Mountains Re Ltd., the reinsurance unit of Bermuda-domiciled holding company White Mountains Insurance Group, Ltd., today [May 23] announced its Sirius International Insurance Corporation affiliate has received approval in principle from the Lloyd’s Franchise Board to establish Lloyd’s Syndicate 1945: 1945 was the year Sirius was founded. The... Read more of this article
Fairmont Salutes April ‘Memory Makers’
The Fairmont Southampton on Wednesday May 18, 2011 recognized ten employees for their outstanding performance during the month of April. In a special ceremony held during the hotel’s All Colleague Luncheon ten Fairmont Southampton employees nominated by guests and coworkers for going above and beyond in their duties were recognized as “Memory Makers.” General... Read more of this article
Charleston Bermuda: Latest Progress Report
Day two in the biennial Charleston Bermuda race dawned yesterday [May 22] with light, fluky southeast winds and nearly flat seas for the 11 boats competing in this 777-mile contest. Most of the crews spent the early morning hours adjusting their boats’ sail trim as they laboured to keep the vessels moving at all if not toward Bermuda. As of mid-afternoon,... Read more of this article
Perinchief: Toughened Asset Forfeiture Law
Telling the House of Assembly Bermudians were demanding “action and innovation” in the island’s ongoing war against crime and drugs, the National Security Minister on Friday [May 20] proposed amendments to the Proceeds of Crime Act which could allow for the forfeiture of ill-gotten assets without conviction. Minister Wayne Perinchief... Read more of this article
Four Videos: IAAF World Athletics Day
On Saturday Mat 21, the Bermuda Track & Field Association and The Flyers Track club hosted the IAAF World Athletics Day, with over 120 participants involved whose ages ranged from 4 year old children up to masters athletes. Some of the island’s top track and field athletes turned out including Kyrah Scraders, Justin Donawa, Jaquan Symonds,... Read more of this article
Rally For Equal Rights & Against Homophobia
This coming Wednesday [May 25] a rally will be held from 1-2pm at City Hall, with an aim at encouraging officials to include sexual orientation in the Human Rights Act. The event launched as a Facebook event ‘Home is Where the Hatred Is‘, with Krystl Assan speaking of discrimination she says she encountered at a local guest house, which... Read more of this article
May 24th Float To Honour Murder Victims
The newly formed ‘Stand Up Bermuda’ group has been hard at work over the past few days preparing their float for tomorrow’s Bermuda Day Parade. Over this past weekend members of the group met up at Sousa’s Landscaping in the Camp Hill area to work on the float, which will contain the name of all the murder victims over the past... Read more of this article
May 24th: Hamilton Road Closures
The City of Hamilton announced the Hamilton road closures that will be in effect on May 24. The following route will be taken during the Sinclair Packwood Memorial Cycle Race and the In-line Skaters Race: Starting on Front Street at the eastern City boundary and traveling in a westerly direction to the junction of Queen Street, north on Queen Street,... Read more of this article
