Archive for July 7th, 2011
Everest Anticipates $80M Catastrophe Loss
Bermuda-based Everest Re Group, Ltd. announced yesterday [Jul. 6] that it expects to incur net catastrophe losses of $80 million, after reinstatement premiums and taxes. This estimate is based on an effective tax rate of 20 percent. Joseph V. Taranto, Chairman and Chief Executive Officer, stated, “Despite these losses, we expect to have an underwriting... Read more of this article
Upcoming: Beekeeping Summer Camp
In May ago we covered a story about a Paget home being invaded by thousands of bees. The tale of the heroic efforts of Mr Burgess was recounted in the article, which concluded with him taking care of the bee situation and fearlessly riding off into the Bermuda sunset with a box of bees on his trusty stallion motor bike. What was not mentioned was that... Read more of this article
Bermuda Hogges Lose 1-0 To Jersey Spartans
Bermuda Hogges three game winning streak came to an end last night (July 6) when they went down to Central Jersey Spartans 1-nil. Spartans scored the lone goal in the 49th minute to give them a win over the Hogges. The Hogges had plenty of chances in the first and second half but could not finish. Prior to the start of the match, Coach Maurice Lowe... Read more of this article
