Archive for September, 2013
Bermuda Karting Club Point Standings & Video
The 2013-14 Bermuda Karting Club’s Season got underway at the Southside Motor Sports Park on Sunday [Sept 22]. After the 1st Trophy Series Race Day Stephen Corrado leads the TAG Senior Class with 96 points, while David Barbosa has 90 points and is in 2nd place, Scott Barnes in the 3rd with 77 points. Xavier Smith leads the Modified Junior Clone Class... Read more of this article
EY Donates $300,000 For New Hospital
Bermuda Hospitals Charitable Trust [BHCT] announces that EY — previously know as Ernst & Young — has made a $300,000 donation to the Why it Matters capital campaign. BHCT is leading this capital campaign with a philanthropic goal of $40 million as a payment towards the KEMH Redevelopment Project. “The KEMH Redevelopment Project is... Read more of this article
Validus Plans Swiss Underwriting Company
Bermuda-based Validus Holdings, Ltd. today [Sept 26] announced it will establish a Swiss underwriting company, transforming the existing operations of Flagstone Reassurance Suisse S.A. The Company will be renamed pending regulatory approval and will enhance Validus Reinsurance, Ltd.’s global underwriting platform including the establishment of a... Read more of this article
Crows Threatening Bermuda Longtail Population
The Department of Conservation Services said they have become “increasingly concerned about the impact that crows are having on Bermuda’s iconic Longtail.” The American Crow is a large, all-black bird with a long, heavy bill and fan-shaped tail, which is easily recognizable and a fairly common bird in Bermuda. “It is not native to Bermuda,... Read more of this article
Photos: Health Department’s “Love That Body”
Last night [Sept 25] saw the The Department of Health host a wellness event at Victoria Park which featured local dance groups, the Gymnastics Association, jump rope teams, the Bermuda Institute Steel Band and more. There were free health screenings, giveaways and health information as well as demonstrations. Also on hand were instructors from Crossfit,... Read more of this article
Maiden Holdings Commences Public Offering
Maiden Holdings, Ltd. — a Bermuda-based holding company – has commenced a public offering of $135 million of mandatory convertible preference shares, subject to market and other customary conditions. The offering consists of 2,700,000 mandatory convertible preference shares with an offering price of $50 per share. Maiden intends to grant... Read more of this article
Caron Bermuda’s Community Service Awards
The 5th Annual Caron Bermuda Community Service Awards Breakfast will be hosted on Tuesday, November 19, 2013 from 8:30am to 10:00 am at The Fairmont Hamilton Princess, Gazebo Room. The awards breakfast recognizes individuals and organizations who have excelled in their field of work to help those suffering from the disease of addiction, and who have... Read more of this article
A.M. Best Upgrades AXIS Specialty Ltd’s Ratings
Rating agency A.M. Best Co. has upgraded the financial strength rating [FSR] to A+ [Superior] from A [Excellent] and issuer credit ratings [ICR] to “aa-” from “a+” of Bermuda-based AXIS Specialty Limited [AXIS] and its operating affiliates. Concurrently, A.M. Best has upgraded the ICR to “a-” from “bbb+”... Read more of this article
Regiment Recruitment Night Hailed As Success
A special recruitment night aimed at drumming up volunteers for the Bermuda Regiment was last night hailed a success. Around 30 people attended the event at Government House – the first of its kind – to hear first hand from first hand from serving soldiers the benefits of joining up. Corporal Dononvan Ratteray, 29, a compliance officer with HSBC,... Read more of this article
Be ‘Vigilant’ After Several Residential Burglaries
The Bermuda Police Service is encouraging residents, particularly in the central parishes, to be vigilant after several reported daytime burglaries in Devonshire and Pembroke recently. A police spokesperson said, “In a few instances, the culprit or culprits have smashed a window to gain entry. Detectives have not ruled out the possibility that... Read more of this article
Jillian Terceira Continues Competing In Portugal
Two two Olympic equestrian Jillian Terceira continued competing at CSI 2* Vilamoura Champions Tour in Vilamoura, Portugal. On Day Two Terceira riding Denada in the 5 Year Old in 2 Phases Class finished 19th, they recorded a time of 50.85 in Round One with 2 Penalty Fault Points, the pair in the Second Round clocked a time of with a time of 59.87, they... Read more of this article
Perfect Storm Bowling League Results
The Perfect Storm Bowling League season continued at the Warwick Lanes this week with Yea’ Right defeating X Em Out 17-3. The BPS Blue Lanterns went down 2-18 to Power Play while Two Flags was shut out 0-20 by Zone Team. Yeah 4 Us defeated Pin Snipers 15-5 and Strikers went down 2-18 to Pins Down. Top scorers for the night included: Team Scratch... Read more of this article
