Archive for February 23rd, 2012

OneBeacon Issues First Quarter Dividend

At its regular meeting held yesterday [Feb. 22], the board of directors of Bermuda’s OneBeacon Insurance Group, Ltd. declared a $0.21 per share quarterly dividend, payable in cash on March 30, 2012, to holders of record of Common Shares as of the close of business on March 16, 2012. OneBeacon Insurance Group, Ltd. is a Bermuda-domiciled holding... Read more of this article

White Mountains Share Tender Offer

Bermuda’s White Mountains Insurance Group, Ltd. announced today [Feb.23] that it has repurchased for cash all 89,729 White Mountains common shares beneficially owned by Berkshire Hathaway Inc. at a purchase price of $500 per share. The company has 30,668 shares remaining under its share repurchase authorization. White Mountains also announced... Read more of this article

Newport To Bermuda: 147 Entries So Far

[Written by Talbot Wilson] “When you round Bermuda’s reefs and cross the finish line with three other boats at virtually the same time after four hard days of racing, you realize the Newport Bermuda Race is a game of inches and seconds,” says Chris Culver (Stamford CT) skipper of Cetacea, hull #1 of the SW Hinckley 59′ design built in 1983. “Boats... Read more of this article

Catlin Sponsors Great Barrier Reef Study

Bermuda-based Catlin Group Limited is sponsoring a major scientific expedition that will document the composition and health of sections of Australia’s Great Barrier Reef across an unprecedented range of depths before turning its attention to the Bermudian reef line. The scientific data gathered by the Catlin Seaview Survey will strengthen the... Read more of this article

Senior Plans To Smash Morgan Record

A 74-year-old New Zealand born physiotherapist plans to become the oldest person to solo circumnavigate the globe – from Bermuda back to Bermuda — and hopes to make the epic journey in four months. Dr. Stanley Paris [pictured] is attempting to beat the 150-day Bermuda-to-Bermuda record set in 1986 by the late Dodge Morgan at age 54... Read more of this article

Michael Mello QC Joins Appleby

Michael J. Mello QC will join Appleby’s Private Client & Trusts practice as Counsel from next month. Mr Mello, a founding partner at domestic firm Mello, Jones & Martin, is widely recognised in Bermuda and in the private client market as being a leading barrister. Appleby Partner and Local Practice Head of Private Client & Trusts... Read more of this article

Upcoming: Boulevard Club Meeting

President of Boulevard Community Club Dr. Lou Matthews said the Boulevard Community Club will be having an “urgent meeting” for all its members to discuss the current and upcoming football season. The meeting will be held Thursday, February 23, 2012 at the Victor Scott School and will begin at 6:30. Related Stories Luke Robinson On Return... Read more of this article

HSBC BBFS Community Action Day

HSBC in partnership with Bermuda’s Brazilian Football School [BBFS] hosted approximately 80 student athletes and their football coaches at the HSBC BBFS Community Action Day held at Cooper’s Island last Friday [Feb.17]. BBFS programme participants with Jeremy Madeiros, Conservation Officer: Following the success of the HSBC BBFS College... Read more of this article

Richards Expecting ‘Election Budget’

In advance of tomorrow’s budget, Shadow Finance Minister Bob Richards questioned whether the budget “will address key factors, or will it be an election budget.” “My guess is that it is going to be an election budget,” said Mr Richards. “Because if there is anything we have learned about this PLP Government, is that... Read more of this article

Lindo’s Building New Parking Deck

Lindo’s is building a new parking deck to provide additional parking at their store in Devonshire. President of the Lindo’s Group of Companies Giorgio Zanol said, “It was an easy and necessary decision to provide more parking at our store in Devonshire. Listening to our customers has always been a top priority for us and it’s because of... Read more of this article

CADA Alcohol Awareness Video Contest

CADA, encouraging responsible alcohol behavior, announced their first Alcohol Awareness month video competition for children and teens. CADA Chairman Anthony Santucci stated, “One of the objectives of this year’s alcohol awareness month is to increase public awareness of the importance of keeping alcohol out of the hands of children and teens. To... Read more of this article

Upcoming: Hunter & Equitation Show

The Bermuda Equestrian Federation is hosting another Hunter & Equitation Show this Saturday and Sunday at the National Equestrian Centre. Saturday’s schedule begins at 8:30 am and should run through the afternoon while Sunday starts at 9 am through mid-afternoon. Juniors and adults will be competing on ponies and horses both on the flat and... Read more of this article