Archive for February 10th, 2012

Upcoming: Cultural Identity Lecture

Bermuda College adjunct lecturer Quinton Sherlock Jr. believes the island’s racially divided past still influences behaviour in modern-day Bermuda. Mr. Sherlock will be holding a seminar called “A Bermudian Story: The Psychology Of Our Past” later this month to address what he believes is a continuing lack of a fully developed sense... Read more of this article

‘Very Good Year’ For White Mountains

Domiciled in Bermuda but with its major operating base in New Hampshire, White Mountains Insurance Group this month reported an adjusted book value per share of $542 at December 31, 2011, an increase of 23% for the year, including dividends. On October 7, 2011, White Mountains completed the sale of Esurance and Answer Financial, which increased adjusted... Read more of this article

Slanger Releases New Reggae Mixtape

Bermudian singer Ronae Burgess — who performs under the name Slanger — says the title of his new mixtape “Good Ova Evil” reflects both the socially conscious message of the roots reggae he favours as well as his personal philosophy of self-improvement and self-discipline. Produced by Near Future Records, the mixtape —... Read more of this article

Road Works Planned For South Shore

Bermuda Hospitals Board and Paget Health Services announced that BCM McAlpine will be carrying out excavation works along South Road starting on Monday 13 February until the end of May. “This work will impact the junction of Seabright Avenue and the service entrance to the Botanical Gardens. It will be carried out in two phases, in order to minimise... Read more of this article

Montpelier Releases Financial Results

Montpelier Re Holdings Ltd., a leading Bermuda provider of short-tail reinsurance and other specialty lines, today [Feb.10] reported financial results for the fourth quarter and the year ended December 31, 2011. Fully converted book value per common share was $22.71, an increase of 2.5% for the fourth quarter and a decrease of 6.1% for the full year,... Read more of this article

Photos: 2012 Butterfield & Vallis 5K Race

Chayce Smith and Ashley Estwanik ran away with the Butterfield and Vallis 5K titles last week Sunday [Feb.5]. Smith crossed the line in a time of 15:38, some three seconds outside the record time in this event. The defending champion Stephen Allen finished second in 15:49 and Gary Raynor finished third with 16:24. Ashley Estwanik recorded a time of... Read more of this article

Bermudian Killed In Accident Overseas

A Bermudian was killed overseas yesterday [Feb.9], after being struck by a car in Alabama. American media reports that a car traveling northbound on Pulaski hit 74-year-old Alma Foggo York who was walking in the left hand lane of the north bound traffic. Huntsville police say no charges will be filed in the accident. Additional reports say “Police... Read more of this article

Assured Guaranty Boosts Dividend

Bermuda-based holding company of providers of credit enhancement products Assured Guaranty Ltd. yesterday [Feb.9] announced a quarterly common dividend of nine cents per share, up 100 percent from that paid on 30 November 2011. All shareholders of record at the close of business on February 23, 2012 will receive the dividend on March 8, 2012. Assured... Read more of this article

Upcoming: 2012 Earth Hour Essay Contest

BELCO is now accepting entries for the 2012 Earth Hour Essay Competition, which has a theme of “Five Ways that I Keep My Bermuda Green.” Students in each of the following Age Categories are invited to submit essays. Entries will be judged on content, ideas and creativity, as well as grammar, spelling, punctuation and how well the essay is written. Ages... Read more of this article

Net Loss For Endurance Speciality

Endurance Specialty Holdings Ltd. yesterday [Feb. 9] reported a net loss of $27.4 million and $0.88 per diluted common share for the fourth quarter of 2011 versus net income of $111.2 million and $2.09 per diluted common share for the fourth quarter of 2010. For the year ended December 31, 2011, the net loss was $93.7 million and $2.95 per diluted common... Read more of this article

Pearman & Jones Join Conyers Bermuda

Conyers Dill & Pearman announced the hiring of litigation lawyer Scott Pearman and the addition of corporate lawyer Niel Jones [pictured] in the firm’s Bermuda office as it continues to strengthen its Bermuda offering. Mr Pearman joins Conyers from Ely Place Chambers in London, where he was a barrister for 13 years specialising in commercial litigation. He... Read more of this article

Dame Jennifer Talk Show Appearance

Education Minister Dame Jennifer Smith will discuss the state of the island’s public schools when she is the featured guest on Bermuda Broadcasting’s “Let’s Talk” TV news programme this Monday [Feb. 13] The Minister [pictured] will be joined by the Commissioner of Education, Mrs. Wendy McDonald and educator Dr. Avis Glaze. Education... Read more of this article