Archive for October, 2016
Mirrors Hosting Quantum Learning SuperCamp
The Minister of Social Development and Sports, Sylvan Richards announced the expansion of the Mirrors Programme to deliver a six day Quantum Learning SuperCamp for cohort 12 on November 14 to 19, 2016. “Quantum Learning is known worldwide for fostering improved academics, increased confidence and leadership development among participants. It began... Read more of this article
PartnerRe Third Quarter Net Income: $240.3M
Bermuda-based PartnerRe Ltd. reported a net income of $240.3 million for the third quarter of 2016. This includes net after-tax realized and unrealized gains on investments of $56.4 million. The net loss for the third quarter of 2015 was $243.3 million, including net after-tax realized and unrealized losses on investments of $121.8 million and the... Read more of this article
BTA: Growth Shoulder Season For Golf Tourism
This week’s Nike PGA Team Championship is a precursor to a growth shoulder season for golf tourism, the Bermuda Tourism Authority said today. “The Mid Ocean Club is hosting 50 two-person PGA of Canada teams through October 27th. It’s the second consecutive year the Bermuda Tourism Authority [BTA] and the Fairmont Southampton has partnered... Read more of this article
Video: SoftBank Team Japan’s Wing Breaks
SoftBank Team Japan sailors are safe after a wing broke while sailing yesterday, with the moment caught on video from two different angles, showing the exact moment that the wing gave way. Following the incident, SoftBank Team Japan Skipper Dean Barker said, “We were pushing the boat hard today in 20-23 knots of wind. “We were doing an upwind run... Read more of this article
Cricket: Bermuda Statistics For Canada Matches
Following the conclusion of the warm-up cricket matches against Canada, a look at the numbers is below. Bermuda batted 85.5 overs out of the 128 available, they scored a total of 268 runs, while giving up 441 runs. Over the three games 12 batsmen were caught, Tre Manders ended the warmup matches as the leading scorer with 89 runs in three inning, while... Read more of this article
Aspen Reports 2016 Q3 Net Income: $95.6M
Bermuda-based Aspen Insurance Holdings Limited reported net income after tax of $95.6 million, or $1.40 per diluted share, and operating income after tax of $69.3 million, or $0.97 per diluted share, for the third quarter of 2016. Chris O’Kane, Chief Executive Officer, commented, “Aspen’s results this quarter reflect good underwriting profitability... Read more of this article
RenaissanceRe Junior Gold Cup Gets Underway
Sailors competing in the RenaissanceRe Junior Gold Cup were given a special hello from the three America’s Cup teams practicing in the Great Sound on Wednesday [Oct 26]. After the first day of racing – which saw winds increase to around 18 knots by the fourth and final race – Bermudian Ahzai Smith, age 12, said he and the other Optimist... Read more of this article
Video: Duffy Wins Xterra World Championships
In what marks her second world championship title in recent weeks, Bermuda’s Flora Duffy raced to victory in the Xterra World Championships in Hawaii on Sunday, continuing her dominance on the international triathlon circuit. Duffy recorded a very convincing win, with her winning time of 3:14:59 ranking some 10 minutes ahead of the second place finisher... Read more of this article
Photos & Results: Squash Tournament Finals
The final night of the RUBiS Graded Squash Tournament at the Bermuda Squash Racquets Association Club took place recently, bringing the tournament to a close. Excitement built on the main court as the Assistant Professional at the Bermuda Squash Racquets Association Club and the Professional at Court House Kristen Johnson took to the court for the Grade... Read more of this article
World Occupational Therapy Day Celebrated
October 27 is World Occupational Therapy Day. Occupational therapists [OTs] work with all age groups and in a wide range of physical and psychosocial areas. They are employed by Bermuda Hospitals Board at KEMH and MWI, the Department of Health and in private practice. OTs assess and plan short and long term treatments tailored to an individual and his... Read more of this article
XL Group Realigned P&C, Senior Role Changes
XL Group Ltd announced senior role changes in connection with a planned realignment of its Property & Casualty [P&C] Operating Model, all of which will be effective January 1, 2017. Paul Brand, currently Chief Underwriting Officer, Insurance, will lead a new internal innovation team, Accelerate. Greg Hendrick, currently Chief Executive of Reinsurance,... Read more of this article
Bermuda Stock Exchange Report: Oct 26 2016
October 26 saw 29,330 shares trade on the Bermuda Stock Exchange, valued at $659,330.00 BD. 25,930 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.2% at $25.10 per share, while another 3,400 shares were traded by KeyTech. Ltd, closing even at $2.50 per share. The BSX finished at 1,617.14, down 0.14% on the day. There were 0 advances,... Read more of this article
