Archive for May, 2012

Sirius Semi-Annual Preference Share Dividend

Sirius Semi-Annual Preference Share Dividend

The Board of Directors of Sirius International Group, Ltd., the Bermuda-based reinsurance unit of White Mountains Insurance Group, Ltd. WTM +0.51% , has declared a dividend of $37.53 per share, payable in cash on July 2, 2012, to holders of record of its Fixed/Floating Perpetual Non-Cumulative Preference Shares as of the close of business on June 29,... Read more of this article

Upcoming: World Oceans Day Celebrations

Upcoming: World Oceans Day Celebrations

World Oceans Day will be celebrated with a Happy Hour Reception being held on June 8 at the HSBC Harbourview Centre. The event will celebrate the body of water which links us all with three perspectives on the ocean: Research, Management and Activism. Speakers at the reception will include Eric Hochberg, Tammy Trott, Philippe Rouja & Chris Flook.... Read more of this article

A.M. Best Affirms RenRe, Upgrades DaVinci

A.M. Best Affirms RenRe, Upgrades DaVinci

A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Renaissance Reinsurance Ltd. (RenRe) and Renaissance Reinsurance of Europe (Dublin, Ireland). A.M. Best also has affirmed the ICR of “a-” and all debt ratings of RenaissanceRe Holdings Ltd. (RenaissanceRe),... Read more of this article

Live Blogging/Webcast: May 24th Races & Parade

Live Blogging/Webcast: May 24th Races & Parade

[Updated] The 2012 Bermuda Day holiday is now underway, and we will be bringing you live text, photo and video updates as the day progresses, with the main updates due to start rolling in at about 9am. The radio stations will be carrying live race commentary starting from around 8.45am, and barring any technical disasters we plan to carry a live video... Read more of this article

Results: 2012 May 24th Fitted Dinghy Races

Results: 2012 May 24th Fitted Dinghy Races

Bermuda Day is the traditional opening day of the Fitted Dinghy season, and the 2012 Bermuda Fitted Dinghy Racing Season got underway today [May 24] in the St George’s Harbour. Contest III skippered by Somers Kempe won all three races of the day, while Challenger II finished second twice and Elizabeth II finished second in the final race of the day. Kemp... Read more of this article

Photo Set #1: 2012 Bermuda Day Parade

Photo Set #1: 2012 Bermuda Day Parade

[Updated with additional photos] Almost 70 groups took part in this afternoon’s [May 24] Bermuda Day Parade, with the enthusiasm of the day not dampened by the slight rain that fell as the parade was set to get underway. Crowds of people lined the parade route and cheered on the participants as they made their way from Bernards Park, through to... Read more of this article

Videos: Bermuda Day Parade & Race Highlights

Videos: Bermuda Day Parade & Race Highlights

Thousands of locals lined the streets today [May 24] to join in the Bermuda Day fun, with the cyclists starting the day off at 8.45am, the runners following after at 9am, and the annual parade kicking off at 1.30pm from Bernards Park. Lead by the Bermuda Longriders and Bermuda Regiment, the parade featured dozens of floats, Gombey troupes, majorette... Read more of this article

Photo Set #2: 2012 Bermuda Day Parade

Photo Set #2: 2012 Bermuda Day Parade

Locals young and old lined the streets of Hamilton today [May 24] to enjoy the annual Bermuda Day Parade. Featuring approximately 70 different groups, the parade wound its way from Bernards Park to City Hall, with an enthusiastic crowd cheering them on. For the first set of Parade photos click here, for videos from the Parade click here, and for all... Read more of this article

Results Of 2012 Bermuda Day Float Contest

Results Of 2012 Bermuda Day Float Contest

The judging has been completed for the floats that entered today’s [May 24] Bermuda Day Parade, with the Premier’s Award for Best Float going to St. Mark’s Anglican Church, and the Reggie Ming Award for Most Beautiful also went to St. Mark’s Anglican Church. The Minister’s Award for Most Original went to the Post Office, while the Ruth... Read more of this article

Photo Slideshow: Bermuda Day Half Marathon

Photo Slideshow: Bermuda Day Half Marathon

Almost 800 runners took part in today’s [May 24] Bermuda Day Half Marathon Derby, making the trek from Somerset to Hamilton in front of the throngs of spectators who lined the streets. Chris Estwanik won his fifth consecutive Bermuda Day Half Marathon Derby, with his wife Ashley claiming the female title. The slideshow below contains over 800... Read more of this article

Chris & Ashley Estwanik Win May 24th Marathon

Chris & Ashley Estwanik Win May 24th Marathon

[Updated with video] Chris Estwanik won his fifth consecutive Bermuda Day Half Marathon Derby this morning [May 24], with his wife Ashley claiming the female title. Chris Estwanik crossing the finish line: Speaking after the race Mr Estwanik praised all the fans who were out on the route, and said the conditions were quite tough during the race. Mrs... Read more of this article

Video: Mayho & Shillington Win Cycling Race

Video: Mayho & Shillington Win Cycling Race

[Updated with full results/video] Teenage cycling sensation Dominique Mayho [pictured below] won the Sinclair Packwood Memorial Cycling Race this morning [May 24] crossing the line in 26:45, with Mark Hatherley in second finishing in 26:46, and Richard O’Connell in third with a time of 27:08. Joanna Shillington [pictured below] — who only... Read more of this article