Archive for November, 2016
PLP: Lack Of Repair At School Is ‘Reprehensible’
“The PLP finds it reprehensible that the lack of repair and maintenance at T.N. Tatem Middle School has caused students to lose a day’s education today due to teachers taking necessary moves to protect their health,” the PLP said. The statement follows after the closure of the school yesterday, with teachers not reporting to work after... Read more of this article
Bacardi Appoint Kavanagh In Communications
Bermuda-headquartered Bacardi Limited announced the appointment of K.C. Kavanagh as senior vice president and global chief communications officer. Kavanagh reports to Mike Dolan, chief executive officer of Bacardi Limited, and serves on the Company’s global leadership team. “Kavanagh will work closely with Dolan and Chairman Facundo L. Bacardi... Read more of this article
Matthew Pifer Joins OIL Group: General Counsel
Matthew Pifer will join the OIL Group of Companies on December 1, 2016 as General Counsel succeeding Theodore Henke who retires at year-end. The OIL Group of Companies is comprised of two member-owned insurance companies serving the energy industry, Oil Insurance Limited [OIL] and Oil Casualty Insurance, Ltd. [OCIL]. Mr. Pifer joins the Group from Paul... Read more of this article
BSRA Club Championships 2016 Day #1 Results
The Bermuda Squash Racquets Association’s Club Championships got underway at the Bermuda Squash Racquets Association Club in Devonshire. Men’s Open Jordache Rawson beat Dylan Pratt 11-3, 11-6, 11-3 Jacques DeVerteuil beat Malcolm Woodley 11-3, 11-6, 8-11, 11-9 Piers Carr beat Anaya Smith 11-4, 11-6, 11-8 Mel Caines beat Colin Couper 11/1, 11/2,... Read more of this article
Jessica Riederer ‘Wildlife & Landscape Images’
Jessica Riederer used to get nervous sharing her wildlife photos online, never mind showing her prints to strangers. Thankfully, that’s no longer the case. The 42-year-old recently released her first book – Bermuda: Wildlife and Landscape Images, a collection of more than 100 carefully taken photographs of the island’s land and sea creatures... Read more of this article
BFF Set To Hold COED Futsal Tournament
The Bermuda Futsal Federation [BFF] will be holding a COED Futsal tournament competition at the Bermuda College Gym on December 17 starting at 9.00am, with the competition open to clubs, organizations and other interested persons. A spokesperson said, “The competition is for men and women players and is based upon the number of teams registered... Read more of this article
Hamilton’s Lloyd’s Approved for Increased GWP
Hamilton Underwriting Limited, the Lloyd’s platform of Hamilton Insurance Group, announced that the managing agency has received approval from Lloyd’s to increase its gross written premium for Syndicate 3334 in 2017 to £122.5 million. Gross written premium approved for the Syndicate in 2016 was £69.5 million. Lloyd’s has also given the Syndicate... Read more of this article
New “Memorwin” Phone App Offers Cash Prizes
A new app created and developed by Bermudian entrepreneur Donte Hunt is set to be launched, with the memory game app offering opportunities to win cash prizes. “The app’s name is Memorwin – derived from the fact that the app is a memory game that offers players multiple ways and frequent opportunities to win cash prizes amounting up to thousands... Read more of this article
Athene Announce Initial Public Offering Launch
Bermuda-based Athene Holding Ltd. announced the launch of an initial public offering [IPO] of its Class A common shares. All of the 23,750,000 Class A common shares to be sold in the IPO are being sold by certain shareholders of Athene, and Athene will not receive any proceeds from the IPO. The IPO price per share is currently expected to be between... Read more of this article
Bermuda Stock Exchange Report: Nov 28 2016
November 28 saw 1,110 shares trade on the Bermuda Stock Exchange, valued at $22,980.00 BD. 1,000 shares were traded by BF&M Ltd, closing even at $19.90 per share, while another 110 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $27.75 per share. The BSX finished at 1,766.32, even on the day. There were 0 advances, 0 declines,... Read more of this article
30 Minute Video: ZBM Evening News For Nov 28
The Commission of Inquiry resumed their public hearings today with Donal Smith and former Accountant General Joyce Hayward appearing before the Commissioners, the Ministry of Education closed TN Tatem Middle School this morning as teachers staged a sit-out, and St George’s Skates — the ice skating rink at Somers Gardens in St George’s — held... Read more of this article
AXIS Capital Announces Acquisition of Aviabel
Bermuda-based AXIS Capital Holdings has agreed to acquire general aviation insurance and reinsurance leader Aviabel, increasing the company’s scale and relevance in the global aviation market. The “Aviabel” brand, including its Dutch brand “NLP” [“Nederlandse Luchtvaartpool”], will be retained as Belgium-based Aviabel supports the continued... Read more of this article
