Archive for July, 2012

White Mountains Insurance ‘Flat But Active’ For Q2

White Mountains Insurance Group, Ltd. reported on Friday [July 27] an adjusted book value per share of $565 at June 30, 2012, which was break-even for the quarter and up 4.4% for the first six months, including dividends. Ray Barrette, Chairman and CEO, commented, “It was a flat but active quarter. Good underwriting results at both OneBeacon... Read more of this article

St George’s & Somerset 2012 Cup Match Teams

Somerset Cricket Club and St. George’s Cricket Club announced their teams for the upcoming Annual Cup Match Classic this evening [July 28]. St George’s — the defending champions — have recalled Glenn Blakeney and picked colts Kyle Hodsoll and Treadwell Gibbons, while Somerset have selected colts Tre Manders and Greg Maybury,... Read more of this article

Somerset, St George’s Cup Match Trial Results

The Somerset Cup Match Trial today [July 28] saw the President Select team win by 118 runs, while the St. George’s Cup Match Trial saw the Vice President Select team win by 6 wickets. Somerset Cup Match Trial, President Select Win by 118 runs At the Somerset Cricket Club, the President Select batted first and were bowled all out for 229, Marcus Johnson... Read more of this article

Nahki Wells Scores Again In Pre-Season Win

Nahki Wells and his UK team Bradford City finished off their week-long tour of Ireland with a 2 -1 victory over League of Ireland Premier Division side Bray Wanderers. A first half strike from Wells gave City the interval lead before Ross Hannah doubled the tally. Bray pull a goal back in the 85th minute, with the game ending 2 – 1. This was... Read more of this article

Olympic Basketball: Australia Defeats Great Britain

[Updated] Bermuda’s Jenaya Wade-Fray will be part of Great Britain’s team for their Olympic game vs Australia, which will begin at 6.15pm Bermuda time this evening [July 28]. Wade-Fray — who will be wearing #9 – is believed to be the first Bermudian basketball player to make an Olympic appearance. At 5ft 9in Wade Fray is one... Read more of this article

Bermuda Split Volleyball Games in St. Kitts

The Bermuda Women’s National Volleyball team split games on the opening day of the 2014 FIVB World Championship Qualification Women Round I Group D action in Basseterre, St. Kitts. Bermuda first faced off against Anguilla, going down in straight sets 25-21, 25-15, 25-18. The Bermuda team returned to face Dutch St Marteen and won in straight sets 25-22,... Read more of this article

Bob Richards: ‘Cayman Situation Is A Warning’

“Bermuda should take heed of what is happening in Cayman Islands, where its Government is being compelled by the UK to raise taxes because of excessive debt,” Shadow Finance Minister Bob Richards said. Earlier this month their local media reported that the Cayman Islands will be introducing a 10% tax for foreign workers earning over $20,000... Read more of this article

OneBeacon Reports $11.86 Book Value Per Share

Bermuda-based OneBeacon Insurance Group, Ltd. reported on Friday [July 27] book value per share of $11.86, an increase of 1.2% for the second quarter and 6.3% through six months, including dividends. Mike Miller, CEO of OneBeacon said, “Our results for the first half of 2012 show good book value growth, which includes strong underwriting results... Read more of this article

Three Sailors In The Top 100 At US Nationals

Ceci Wollmann, Mikey Wollmann and James Amaral all continued taking part in the US National Optimist Championships being held at the Sandusky Sailing Club in Ohio. On day two of sailing, threatening weather once again led to a postponement at the beginning of the day in Sandusky. Only two races were able to be sailed by the fleet. Ceci Wollmann is in... Read more of this article

Validus’ Record Q2 Net Operating Income $171.2M

Bermuda based Validus Holdings, Ltd. reported on Thursday [July 26], net income available to Validus of $167.6 million, or $1.62 per diluted common share for the three months ended June 30, 2012, compared to $109.9 million, or $1.05 per diluted common share, for the three months ended June 30, 2011. Net income available to Validus for the six months... Read more of this article

Photos: St George’s Win Mini Cup Match

The Department of Youth and Sports hosted the 2012 Mini Cup Match on Thursday [July 26] at the West Pembroke school field, with St George’s walking away with the victory. Sincere Hall was Somerset’s top scorer with 28 runs when Somerset went to bat first. The west end team were bowled all out for 80 with Jabari Darrell adding 15 runs. Jaquarri... Read more of this article