Archive for July, 2014
Weather Forecast For Friday August 1
Friday, August 1 is expected to be clear, with the high to be near 26°C/79°F and the low to be near 25°C/77°F, according to Weather Underground. Winds are expected to be from the ESE at 15 to 25 km/h. The relative humidity is expected to be near 80%. Sunrise will be at 6.33am and sunset will be at 8.16pm. High tide will be at 12.14am and 12.41pm,... Read more of this article
Photo Set #2: BeachFest At Horseshoe Bay
Horseshoe Bay Beach was packed today [July 31], as tons of people made their way to the BeachFest Emancipation Celebration to mark the first day of Cup Match. We will have additional coverage as the holiday progresses, and for our first set of BeachFest photos click here, and to follow our Cup Match live blog, please click here. Related... Read more of this article
Photo Set #1: BeachFest At Horseshoe Bay
Chewstick hosted the BeachFest Emancipation Celebration event at Horseshoe Bay Beach today [July 31], with tons of people joining in the day’s fun to mark the first day of Cup Match. We will have additional coverage as the holiday progresses, and to follow our Cup Match live blog, please click here. Related... Read more of this article
Aspen On Withdrawal Of Endurance Offer
Aspen Insurance Holdings Limited responded to the announcement by Endurance Specialty Holdings Ltd. that it is withdrawing its unsolicited offer to acquire Aspen and abandoning its proposals related to calling a special meeting of Aspen shareholders and petitioning the Supreme Court of Bermuda for an involuntary scheme of arrangement. Chris O’Kane,... Read more of this article
Photo Set #1: First Day Of Cup Match
Cup Match got underway early this morning [July 31], with the holiday promising to bring with it the usual camping, concerts, parties, and, of course, the much anticipated Somerset vs St. George’s cricket match, bringing everyone on the island together as they support their favorite team and enjoy themselves. Besides the match itself, celebrants... Read more of this article
Kim McIvor Competes In Ironman Canada
Kim McIvor tackled the tough Ironman Canada course finishing in 14:23:02 which placed her 77th in the Female 35-39 Age Group. After a solid 2.4 mile swim that saw her come out of the water in a time of 1:33:53, she was the 57th swimmer in her age Group to exit the water, the 393rd female and 1,523 competitor overall. McIvor then clocked 6:02:20 on the... Read more of this article
RenaissanceRe 2014 Q2 Net Income: $120.8M
Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to RenaissanceRe common shareholders of $120.8 million, or $2.95 per diluted common share, in the second quarter of 2014, compared to $26.8 million, or $0.60 per diluted common share, in the second quarter of 2013. Operating income available to RenaissanceRe common shareholders... Read more of this article
Photos: Cup Match Campers In The East End
With the first ball of Cup Match only hours away from being thrown, anxious campers have their “camps” all set up for the holiday weekend. Last night [July 30] we visited the areas of Swing Bridge, Kindley Field, Ferry Reach and Clearwater Beach. As is tradition, Bermudians have taken to their “camps” for Cup Match, with tents popping... Read more of this article
Montpelier Reports 2014 Q2 Financial Results
Bermuda-based Montpelier Re Holdings Ltd., a leading provider of short-tail reinsurance and other specialty lines, today reported its financial results for the quarter ended June 30, 2014. Fully converted book value per common share was $31.74, an increase of 2.8% from March 31, 2014 and an increase of 8.7% from December 31, 2013, each after taking... Read more of this article
Bermuda Stock Exchange Report: July 30 2014
Today [July 30] saw the close of the BSX’s week finish with 272,597 shares traded on the day, valued at $590,080.82. 250,246 shares were traded by Bank of N.T. Butterfield Ltd, closing at $2.00 per share, up 0.5% on the day. 15,551 shares were traded by Polaris Holding Co. Ltd, closing at an even $3.05 per share. The other 6,800 shares were traded... Read more of this article
Endurance Terminates Offer To Acquire Aspen
Following weeks of exchanges between the two Bermuda-based re/insurers, Endurance Specialty Holdings Ltd. today [July 30] confirmed that it has terminated its offer to acquire Aspen Insurance Holdings Limited. In connection with the termination of its acquisition offer, Endurance will not be pursuing its board size increase and scheme of arrangement... Read more of this article
Weather Forecast For Thursday July 31
Thursday, July 31 is expected to be clear, with the high to be near 27°C/81°F and the low to be near 25°C/77°F, according to Weather Underground. Winds are expected to be from the SE at 20 to 30 km/h. The relative humidity is expected to be near 83%. Sunrise will be at 6.32am and sunset will be at 8.16pm. High tide will be at 12.02pm, while low... Read more of this article
