Archive for February, 2015
Bill Hagerty To Join RenRe Board Of Directors
Bermuda-based RenaissanceRe Holdings Ltd. announced that W. James “Jim” MacGinnitie, 76, who has served as a member of the Board since 2000, will retire as a Director, and that William F. “Bill” Hagerty IV, 55, will join the Board, each to occur in conjunction with the Company’s Annual General Meeting of Shareholders in... Read more of this article
$90 Million Lawsuit: Govt To ‘Defend Vigorously’
Responding to the $90 million lawsuit filed by Allied Development over the loss of the City Waterfront lease, Attorney-General Trevor Moniz said the “Government views this action very seriously and will be defending it vigorously.” Citing “costs and losses”, Michael MacLean’s Allied Development launched legal action over... Read more of this article
Bermuda Stock Exchange Report: Feb 23 2015
Today [Feb 23] saw a volume of 59,000 shares trade on the Bermuda Stock Exchange, valued at $182,030.00 BD. 54,900 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.5% at $1.99 per share, while the other 4,100 shares were traded by BF&M Ltd, closing down 0.6% at $17.50 per share. The BSX closed at 1,367.96, down 0.39% on the day.... Read more of this article
Weather Forecast For Tuesday February 24
Tuesday, February 24 is expected to be windy with showers in the morning, then cloudy in the afternoon, with the high to be near 18°C/64°F and the low to be near 17°C/63°F, according to Weather Underground. Winds are expected to be NNE at 30 to 50 km/h. The relative humidity is expected to be near 78%. Sunrise will be at 6.52am and sunset will be... Read more of this article
Club Fined For Fielding Unregistered Lambe
Following what Mansfield Town Football Club is calling a “an honest administrative mistake,” the team has been fined £6,000 [$9,270] for allowing Bermudian Reggie Lambe to take the field during a January 17 match when he was unregistered. A statement from the club following the hearing by the Football Disciplinary Commission said, “A... Read more of this article
Forum Highlights Bermuda For LatAm Business
Bermuda’s respected regulatory and legal environment were repeatedly recognised at a recent conference in Costa Rica that attracted leading private client lawyers from throughout the Americas, the Bermuda Business Development Agency [BDA] said. “Bermuda was represented at the Private Client Forum Americas by the Bermuda Business Development... Read more of this article
HSBC: Identifying & Solving Pension Gaps
[Advice column by HSBC Bermuda] Will my pension be enough to support me when I retire? A pension is designed to provide financial support in retirement, however it is possible that you may have a pension gap. This means that your pension income could be less than what you’ll need in retirement to support your desired standard of living. If this... Read more of this article
90 Minute Video: Chamber’s Budget Breakfast
The Bermuda Chamber of Commerce hosted their Annual Budget Breakfast this morning [Feb 23] at Lower Pier Six, with the panelists included Minister of Finance Bob Richards, Nathan Kowalski of Anchor Investment Management, Kim White of Cox Hallett Wilkinson who also served on the SAGE Commission, while Arthur Wightman of PwC Bermuda served as moderator. The... Read more of this article
MSA To Launch Program For 4-Year-Olds
Mount Saint Agnes Academy will be implementing the Reggio Emilia-Inspired Early Learning Program for four-year olds in September 2015. Principal Sue Moench said, “It has been a vision of ours for some time now, and we are excited about the decision of the MSA Board of Governors to institute this program.” “The need to provide families with a... Read more of this article
Mardi Gras Reverse Coed Tournament Results
The Bermuda Volleyball Association held its annual Mardi Gras Reverse Co-ed tournament at Warwick Academy yesterday [Feb 22], with the results seeing Bola Loca take first place, while Kastañas and Kiss My Ace rounded out second and third place respectively. First Place: Bola Loca The tournament saw teams play 6-a-side with a women’s height net... Read more of this article
BEPRO To Host Black History Month Lunch
Bermuda’s Emerging Professionals [BEPRO] invites all to attend its second annual Black History Month Lunch and Learn themed “Honouring the Past, Inspiring the Future,” on Thursday February 26, 2015. “Leaders of Bermuda’s political, cultural and human rights arenas will be centre stage at the lunchtime event, to be held on the third floor... Read more of this article
Perot Post Office In Hamilton Set To Reopen
The Bermuda Post Office [BPO] have advised the public that the Perot Post Office in Hamilton will reopen on Tuesday, February 24, 2015. A spokesperson said, “The Hamilton post office was closed for interior repairs last month to give one of the Island’s most well-known post office’s a makeover. The BPO thanks its customers for their patience... Read more of this article
