Archive for October, 2013
Montpelier Re Q3 2013 Financial Results
Bermuda-based Montpelier Re Holdings Ltd. reported its financial results for the quarter ended September 30, 2013. Fully converted book value per common share was $28.06, an increase of 4.2% from June 30, 2013 and 8.7% from December 31, 2012, after taking into account common share dividends declared during the period. Operating income for the quarter... Read more of this article
Google Adds Underwater Shipwreck Imagery
[Updated] Google has added undersea Street View imagery of the wreck of the paddle steamer Mary Celesta to Google Maps, allowing the general public to get a look at one of Bermuda’s most famous shipwrecks without even getting their feet wet. The Marie Celesta is one of Bermuda’s most celebrated and infamous shipwrecks. A civil war era paddle... Read more of this article
Apex Fund Services Enters Japanese Market
Apex Fund Services has become the first independent fund administrator to enter the Japanese market following the opening of its Tokyo office. Via its Global Presence, Local Reach strategy and 34 international offices, Apex now will roll out and make available its entire range of fund administration services to fund managers located in Japan. In addition... Read more of this article
Martial Arts Forms, Weapons, Sparring Standings
Following the Martial Arts Tournament & Demonstration at Sandys 360 this weekend, the current local standings for competitors in Forms, Weapons and Sparring have been updated Kent Bean is the current leader in the Forms, with Jaime Furtado in second, Jasmyn Renfroe is in third, while Javier Franks currently holds down the fourth spot and Kieron... Read more of this article
Bermuda Snooker League Action Continues
The latest Bermuda Snooker League action saw Sandys Boat Club take five points from Warwick Workman’s Club Two team. Peter Bromby defeated Nadanja Bailey 45-17, while Chris Bromby cruised by Keith Smith 70-36. John Bromby defeated Daniel Caines in the Double frame games 37-24 & 46-33. The Doubles game was won by partners Smith and Jonathan Peniston... Read more of this article
Arch Capital 2013 Q3 Net Income: $109.3M
Bermuda-based Arch Capital Group Ltd. reports that net income available to common shareholders for the 2013 third quarter was $109.3 million, or $0.80 per share, compared to $184.2 million, or $1.33 per share, for the 2012 third quarter. The Company also reported after-tax operating income available to common shareholders of $149.2 million, or $1.10... Read more of this article
IMG Academy Coaches At National Academy
IMG Academy soccer coaches are in Bermuda this week where they are coaching Bermuda’s boys and girls youth national academy players through a Bermuda Football Association [BFA] initiative. “We are excited about this latest endeavor to come out of our growing relationship with the Bermuda Football Association,” remarked Scott Dean, Director of... Read more of this article
4th Screening Of “Life & Crimes Of Doris Payne”
The Bermuda Documentary Film Festival has scheduled a fourth screening of the documentary film The Life and Crimes of Doris Payne. The film will screen on Saturday November 2 at 3 p.m. in the Tradewinds Auditorium of the Bermuda Underwater Exploration Institute. Three previous screenings of the film have sold out. Tickets are available at the Oceans... Read more of this article
Video: Mount Saint Agnes Halloween Parade
Lead by the traditional bagpiper, students of Mount Saint Agnes Academy took part in the school’s annual Halloween Parade on Friday [Oct 25] with the students transformed into princesses, witches, and assorted other costumed characters as they celebrated Halloween. You can view photo galleries of previous MSA Halloween Parades here, and all our... Read more of this article
EEZA Holds “Making Money At Vending” Seminar
Over 50 people attended the Economic Empowerment Zones Agencies [EEZA] Making Money at Vending seminar on Tuesday, October 22 at the BIU to learn skills to take their businesses to the next level in these challenging economic times. The seminar was broken into three sections. The first section dealt with importation strategies. Vic Ball, co-owner of... Read more of this article
Video Replay: Town Hall Meeting On Marine EEZ
[Live stream over, replay available] The Department of Sustainable Development is hosting a Town Hall Meeting this evening [Oct 28] regarding the future of Bermuda’s Exclusive Economic Zone [EEZ], and you can tune in live below. Our EEZ is essentially a circle with a 200 nautical mile radius that covers approximately 465,000 square kilometres of ocean.... Read more of this article
Weather Forecast For Tuesday October 29
[Updated] Tuesday, October 29 is expected to be overcast with a chance of a thunderstorm and rain, with the high to be near 25°C/77°F, and the low to be near 21°C/70°F, according to the Weather Underground. Winds are expected to be from the ESE at 15 to 25 km/h. The relative humidity is expected to be near 77%. The sunrise will be at 7.33am and... Read more of this article
