Archive for May, 2013

Saracens Train With CedarBridge Students

Saracens Train With CedarBridge Students

On Tuesday May 28, 2013, KPMG in Bermuda in conjunction with The Beyond Rugby Bermuda representatives, hosted a training session with the Saracens RFC Rugby team and CedarBridge Academy students. As part of Saracens week-long tour and the build up to Friday’s game against the Bermuda Select XV team, students from CedarBridge Academy had the opportunity... Read more of this article

KeyTech “Concerned” By RA Consultation

KeyTech “Concerned” By RA Consultation

In a filing with the Bermuda Stock Exchange, KeyTech Limited released a statement in response to reported action by the Regulatory Authority [RA]. The RA said [PDF] they will “consider whether additional regulatory remedies are required to address cross-market ownership – that is, whether specific measures are required to address ownership by... Read more of this article

Golden Age Bermuda Murder Mystery Novel

Golden Age Bermuda Murder Mystery Novel

American author Willoughby Sharp’s detective novel “Murder in Bermuda” [1933] has been described as “a fine examples of the Golden Age mystery, with good fair play puzzles, swift narratives” — and some interesting background detail drawn from the writer’s own experiences on the island. Mr. Sharp [pictured] had... Read more of this article

Bermuda’s Youth Got Talent Winners Announced

Bermuda’s Youth Got Talent Winners Announced

West Pembroke School Pride are the Grand Prize winners of this year’s Bermuda Youth Got Talent, taking home $5,000 and an iPad 2. In March, more than 170 brave young contestants, signed up to perform their talents in front of three of the islands most well known entertainers — Steve Easton, Powergirl and Nadanja Bailey — as the second... Read more of this article

Timetric Releases Bermuda Insurance Report

Timetric Releases Bermuda Insurance Report

A 103-page report “The Insurance Industry in Bermuda, Key Trends and Opportunities to 2017″ which includes an overview and analysis of the Bermuda market and its long-term prospects was published by Timetric earlier this month. Timetric is an independent economic and business research firm which provides detailed economic and sector intelligence,... Read more of this article

A.M. Best To Participate In Bermuda Conference

A.M. Best To Participate In Bermuda Conference

A.M. Best Co. is a silver sponsor of the 2013 Bermuda Captive Conference to be held June 10-12 at The Fairmont Southampton. Nick Dranchak and Fred Eslami, Senior Financial Analysts at A.M. Best, will present a session on “Integrating ERM into the Rating Process for Captives” on June 12 at 2:15 pm. Also attending will be A.M. Best business development... Read more of this article

Commercial Summer League Netball Results

Commercial Summer League Netball Results

Commercial Summer League Netball action at the Bernard Park last night [May 28], saw the Teachers edge the Breakers 21 – 19. Debbie Deshields led the Teachers to victory with 12 goals, Zindzi Swan added 4 goals, while Camille Masters scored 3 goals and Tanika White scored twice. Kirstin Saltus scored 9 goals for the Breakers, with Darrika Simons scoring... Read more of this article

Roaring ’20s Romance Was Filmed In Bermuda

Roaring ’20s Romance Was Filmed In Bermuda

Hollywood director Herbert Brenon reshaped parts of Bermuda’s coastline with dynamite and teams of labourers to conform with the screenplay’s specifications during the production of the 1914 silent movie blockbuster “Neptune’s Daughter.” When he returned to the island for a second film shoot more than  a decade later,... Read more of this article

Full Video: SAGE Meeting On Reducing Spending

Full Video: SAGE Meeting On Reducing Spending

The Spending and Government Efficiency [SAGE] Commission held a public meeting last night [May 28] at Penno’s Wharf in St. George’s to hear ideas from the public to help the Government reduce spending. SAGE Commission Chairman Brian Duperreault said the meetings were organized to offer the public an opportunity to share their ideas for reducing... Read more of this article

South American Silver Gets Arbitration Funding

South American Silver Gets Arbitration Funding

South American Silver Corporation — which is incorporated in Bermuda — has announced that it has entered into an agreement with a third party funder prepared to cover the company’s future costs and expenses related to the international arbitration proceedings against the Plurinational State of Bolivia for the expropriation of the Malku... Read more of this article

Report: ‘HSBC Will Turn Back On Tax Havens’

Report: ‘HSBC Will Turn Back On Tax Havens’

[Updated - HSBC Bermuda said they are "committed to our business in Bermuda."] The chairman of HSBC — the parent company of HSBC Bermuda — has “pledged to cut the bank’s business with tax havens around the world,” according to a report by The Times entitled “We will turn our backs on tax havens, says HSBC.” “Facing... Read more of this article

Digicel Bermuda Launches New Family Plans

Digicel Bermuda Launches New Family Plans

Digicel Bermuda today launched a new product – Digicel Family Plans, which offer voice, SMS and data bundles for sharing between two and five people. Digicel Bermuda CEO, Wayne Caines comments, “At Digicel we are always looking at technology and how customers use it to manage their lives. We strive to make mobile use easy and affordable and... Read more of this article