Archive for March, 2015
Catlin Completes Sale Of Investment In BIGL
Bermuda-based Catlin Group Limited announced that its subsidiary, Catlin Insurance Company Ltd. [CICL], has completed the sale of its investment in Box Innovation Group Limited [BIGL] to Aioi Nissay Dowa Insurance Company of Europe Limited [Aioi]. Under the sale agreement announced on 22 December 2014, Aioi has acquired shares from CICL as well as... Read more of this article
Bermuda Stock Exchange Report: Mar 31 2015
Today [Mar 31] saw a volume of 21,517 shares trade on the Bermuda Stock Exchange, valued at $42,620.15 BD. 21,500 shares were traded by Bank of N.T. Butterfield Limited, closing up 0.5% at $1.98 per share, while the other 17 shares were traded by KeyTech Ltd, closing at an even $3.00 per share. The BSX closed at 1,346.38, up 0.35% even on the day. There... Read more of this article
Coral Beach To Host Open Singles Challenge
The Coral Beach & Tennis Club is set to host the brand new BLTA Open Singles Challenge, an elite local tennis tournament that gets underway next week. The tournament is open to the public and will be sanctioned by the BLTA. It will also serves as mandatory qualification to Bermuda’s 2015 National Team for the Davis Cup and Fed Cup squads. All... Read more of this article
Weather Forecast For Wednesday April 1
Wednesday, April 1 is expected to be windy with isolated thunderstorms developing, with the high to be near 21°C/70°F and the low to be near 16°C/61°F, according to Weather Underground. Winds are expected to be SW at 40 to 55 km/h. The relative humidity is expected to be near 80%. Sunrise will be at 7.07am and sunset will be at 7.38pm. High tide... Read more of this article
Photos: Team Oracle Start Arriving In Bermuda
[Updated with aerial photos] Defending America’s Cup champions Team Oracle have started to arrive in Bermuda, with containers carrying their equipment being unloaded earlier today [Mar 31] from the Oleander in Dockyard. Following the discharge of this week’s refrigerated and dry containers and roll on/roll off cargo in Hamilton, Bermuda Container... Read more of this article
Bermuda Easter Lilies To Be Sent To The Queen
The Governor and Mrs. Fergusson participated in the annual picking of Easter Lilies for Her Majesty The Queen. This year’s Easter Lilies were grown by Manuel DeSilva, who is pictured below along with his children, Tiffany, Joshua and Catrina. Government House said that Her Majesty’s Easter Lilies will travel on this evening’s [March 31] British... Read more of this article
German Research Vessel Docks In St George’s
[Updated] German research vessel Maria S. Merian is presently docked in St. George’s, with the boat outfitted for investigation of the sea-bottom, the water and the atmosphere. According to the German Research Foundation, the Maria S. Merian is a “multidisciplinary research platform equipped with outstanding facilities which allow the use of... Read more of this article
Dispute Continues: Premier, Brown & Meeting
[Updated] The dispute centered around a meeting with Premier Michael Dunkley and Shadow Minister of Immigration Walton Brown continues, with the Premier saying “all of this underlines my concern that the Opposition is playing political games.” This follows after last week’s protest at the Cabinet grounds, which saw people make their... Read more of this article
S&P Upgrades International General Insurance
Standard & Poor’s Ratings Services [S&P] has upgraded the financial strength ratings for International General Insurance Company Ltd [IGI] to “A-” with a stable outlook. The new rating, which was announced on March 31, 2015, raises the rating to A- from BBB+ the counterparty credit and financial strength ratings. This rating applies to... Read more of this article
‘Bermuda’s Friendliness & Culture Is Commodity’
[Updated] “Bermuda’s genuine friendliness and rich culture is a locally-sourced commodity as exportable as oil, coal or diamonds,” Bermuda Tourism Authority CEO Bill Hanbury said at today’s [Mar 31] Hospitality Month launch on the steps of City Hall. Throughout April, Hospitality Month will focus on all aspects of Bermuda’s hospitality... Read more of this article
Spiritual Musical Returning For 3rd Straight Year
Atlantic Publishing House has announced that its hit spiritual musical ‘We Are Climbin’ Jacob’s Ladder’ will be returning for a third straight year to St. James Church in Somerset on May 3 at 4.00pm. Tickets for the show are $20, or $40 for patrons, and are available from members, at the door, and from Caesar’s Pharmacy. A... Read more of this article
‘Legends Of Longevity’ Honours Centenarians
Bermuda CableVision has teamed up with Age Concern, Bermuda’s advocacy organisation for the needs of older adults, to recognise and celebrate Bermuda seniors who have reached the milestone of 100 years of age. To celebrate these remarkable centenarians, they are launching a new programme called ‘Legends of Longevity’ specifically to honour... Read more of this article
