Archive for October 24th, 2011

Photos: Harness Pony Racing

In Driving Horse and Pony Club Harness Racing at the National Equestrian Center on Vesey Street saw GV Crystal Ball with Edward Roque in the bike won Heat One 1:04/1 and Faster A Class clocking 1:05/1, Mike Shadow with Dylan Deserve and Captain Progress with Jason Lopes both recorded the second fastest time in the Heat clocking 1:05/2, while Big Red... Read more of this article

Cyber-Education Report Profiles Bermudian

Each Sunday evening, Bermudian Scott Pearman [pictured] joins the six other members of his executive Masters of Business Administration team to discuss their course assignments. Before getting down to work, they typically spend a few minutes chatting about their families and favourite ice hockey teams. All are enrolled at Queen’s University in Kingston,... Read more of this article

Flagstone Announces Corporate Overhaul

Flagstone Reinsurance Holdings, S.A. — registered in Luxembourg but with its executive and underwriting offices in Bermuda — today [Oct. 24] announced a number of strategic initiatives designed to realign the company’s strategy and core capabilities. Through these initiatives, Flagstone intends to refocus its underwriting strategy... Read more of this article

Triathletes Finish Top 10 At Pan Ams

Bermuda picked up two top ten finishes, with Flora Duffy finishing 8th in the Women’s Triathlon, while Tyler Butterfield finished 6th in the Men’s Triathlon at the XVIth Pan American Games in Guadalajara, Mexico. Duffy clocked an overall time of 2:03:38, she was sixth out of the Water in a time of 20:08, Duffy then completed the Bike Course in a... Read more of this article

Bermuda Firm To Begin Iraq Oil Exports

Bermuda-registered Gulf Keystone Petroleum said today [Oct. 24] it would be ready to export oil from its large Shaikan discovery in Iraqi Kurdistan in the first half of 2012. The company, listed on the Alternative Investment Market market of the London Stock Exchange, also said the oil-bearing Shaikan structure could be as much as 10 percent bigger... Read more of this article

Island “Well Placed To Reach Equivalency”

Bermuda’s top insurance regulator believes the island “is in a very good position” for reaching Solvency II equivalency by the end of next year, international ratings agency A.M. Best reports today [Oct. 24]. The European Insurance and Occupational Pensions Authority, one of three European supervisory authorities, released a preliminary... Read more of this article

Miss Bermuda Visits Scotland

More than 100 beauty queens – including Miss Bermuda Jana Outerbridge – are visiting Scotland this week. They will visit Edinburgh Castle, Stirling Castle and the Gleneagles Hotel during their five-day tour which gets under way today [Oct.24]. Julia Morley, chief executive of the Miss World Organisation, said: “The Miss World participants... Read more of this article

Argo Q3 Losses: $35/40M

Argo Group International Holdings, Ltd. announced today [Oct.24] that it expects to report in the third quarter its estimate for catastrophe losses and other severe weather activity, net of reinsurance and reinstatement premiums, of approximately $35 million to $40 million. This estimate includes approximately $20 million of losses related to Hurricane... Read more of this article

Bye-Election Candidates Panel Discussion

Age Concern Bermuda will be hosting a panel discussion amongst the three candidates vying for the seat in the Devonshire South Central bye-election. According to Age Concern Bermuda, Advocacy Co-Chair Mr. James McCulloch, “The panel discussion will provide an opportunity for the three candidates to share with the public their vision for a senior-friendly... Read more of this article

Richardson & Bordage Win Triathlon

Kent Richardson and Karen Bordage ran away with the Male and Female Bank of Bermuda Foundation Triathlon titles at Clearwater Beach yesterday [Oct.23] Richardson completed the course in a time of 1:06:19, while Cameron Rose finished second with a time of 1:08:31 and Matt Thompson rounded out the top three finishers clocking 1:09:01. Bordage finished... Read more of this article

BermudaFirst Response: Sir John’s Column

The BermudaFirst group has released a statement in response to Sir John Swan’s recent column ‘Bermuda’s Economy in Crisis.’ BermudaFirst is a collective of business, sector and Government leaders who came together – beginning in 2008 – principally as a Think Tank. Over 70 men and women representing all sectors of Bermuda... Read more of this article