Archive for February, 2015

Appleby: Bermuda Tops Deal Value In 2014 Q4

With more than USD20bn in M&A deals and IPOs announced in the fourth quarter of 2014, Bermuda saw a higher cumulative deal value than any other offshore jurisdiction, according to a report released today [Feb 26] by Appleby. The latest edition of Offshore-i, an Appleby report that provides data and insight on merger and acquisition and IPO activity... Read more of this article

Bermuda Cup Venue Reduces Team NZ’s Budget

Bermuda being selected as the venue for the next America’s Cup had a “serious impact” on the New Zealand team’s finances and sponsorship funding, reducing the budget by some $20 million and each team member has “taken a significant pay cut” the team said. This came as the New Zealand team announced it had completed the... Read more of this article

6th Annual Frog Races At Frog And Onion Pub

The Bermuda Arts Centre is inviting the public to attend the sixth annual Frog Races at the Frog and Onion Pub, set for Saturday, February 28, beginning at 6.00pm. The event will feature six frogs, raced by jockeys that will move them along a track by rolling string over a bamboo stick. Each frog is also up for silent auction. Proceeds will benefit... Read more of this article

Police Respond To Graffiti On Buildings

[Updated with video] The Bermuda police are currently on scene at various locations, following the appearance of graffiti with a slogan appearing to reference the international terrorist group ISIS appearing on buildings, including the Cabinet Office. ISIS [Islamic State of Iraq and Syria] – sometimes referred to as ISIL [Islamic State of Iraq... Read more of this article

Tank Punctured, Results In Small Diesel Oil Spill

A small diesel oil spill occurred on Tuesday [Feb 24] when a crane fuel tank was accidentally punctured in the vicinity of Bethell’s Island, the Bermuda Maritime Operations Centre [BMOC] said. A BMOC spokesperson said, “A diligent member of the public contacts BMOC to report an oil slick in Ely’s Harbour. The gentleman also reports the presence... Read more of this article

Everest Re Group Declares $0.95 Dividend

Bermuda-based Everest Re Group, Ltd. declared a dividend of $0.95 per share payable on or before March 25, 2015 to all shareholders of record as of March 11, 2015. Everest Re Group, Ltd. is a Bermuda holding company that operates through the following subsidiaries: Everest Reinsurance Company provides reinsurance to property and casualty insurers in... Read more of this article

Strykerz’s Mixed Bowling League Results

Strykerz’s Mixed Bowling League continues this week as Hard Strikers got the victory against Um’ Tryin’ 7 - 0, Strike Out came up short to Step It Up 2 - 5, Ten Pins gets the W over The Achievers 5 - 2 and Up N Gone win over Bye 7 - 0. Men’s high scratch game: Andrew Richardson 189; Desmond Richardson Jr. 171; Danny Ray 170 Men’s... Read more of this article

Telephone Pole Recovered From The Water

On Tuesday [Feb 24] a telephone pole was recovered from the water, with the Bermuda Maritime Operations Centre saying, “BMOC receives two separate calls from members of the public reporting a large piece of drift wood, possibly a telephone pole, drifting approximately 100 yards off the North Shore in the vicinity of The Berkeley Institute. “BMOC... Read more of this article

“Clifton” Listed For Rent At $15,000 Per Month

Clifton — which is the Premier’s “official residence” — is listed for rent on the Coldwell banker website, with the monthly rent for the 5 bedroom, 3 bath property set at $15,000, with the listing saying the residence will be available in April. Screenshot of the rental listing: The rental listing described the Devonshire... Read more of this article

Bermuda Winter Volleyball Season Continues

The Bermuda Winter Volleyball Season continued at the Warwick Academy Gymnasium on Nets A & B and the Cedarbridge Academy on Net C. The first game of the night on Net A saw the Hit Me With Your Best Shot defeat the Boodle Fight 25 – 13, Chango then defeated the Boodle Fight 25 – 16, the Boodle Fight winless run would end in their next match... Read more of this article

Photos/Video: East End House Fire Extinguished

[Updated] Bermuda Fire and Rescue Service personnel attended a house fire at approximately 8.30pm tonight [Feb 25] on Talavera Lane located in Wellington, St. George’s. Two fire service vehicles responded with police personnel also attending the scene. Fire fighters wearing breathing apparatus extinguished the blaze and searched the property.... Read more of this article

Discovery Fun-Run/Walk To Be Held On March 1

The Hamilton Parish Council Railway Trail will be hosting the “Discovery Fun-Run/Walk” on March 1st 2015, and are inviting people to come out and celebrate the new bridges connecting two sections of the Bermuda Railway Trail. The event starts at 9.30am at Duck’s Puddle, with the 5km route to travel through Bailey’s Bay to Crawl... Read more of this article