Archive for March, 2017

BOA Names Stanley Douglas Secretary General

The Bermuda Olympic Association [BOA] today confirms that Stanley Douglas has been appointed BOA Secretary General, with administrative responsibility for the BOA and its various programmes. Mr. Douglas fills the role previously held by Philip Guishard, who passed away in 2016. Mr. Douglas has been involved with the BOA for more than twenty years in... Read more of this article

Restaurant Weeks People’s Choice Winners

The winners of the People’s Choice Awards for Bermuda Restaurant Weeks 2017 have been awarded prizes for dazzling diners with their Bermuda-inspired cuisine. Lost in the Triangle [LITT] took the People’s Choice Award for lunch and Red Steakhouse came out on top in the jam-packed dinner category. Diners voted for their favourite Bermuda-inspired... Read more of this article

Photos: Boat That Sank In Hurricane Raised

[Updated + Written by Don Burgess] Over the past two days, Jepheth Newton has watched and assisted with his 92-foot trawler Esperanza being raised from the bottom of the harbour in St David’s. The boat sank during Hurricane Nicole last October when it was driven against former gambling boat Niobe Corinthian. Government ordered the salvage job... Read more of this article

Dr Haskins: Being Prepared For Casino Gaming

“Problem gambling won’t be introduced to the Island when the first casinos open their doors – it is already here,” according to Deborah Haskins, a US-based counselling expert and the President of the Maryland Council on Problem Gambling. Dr. Haskins is on Island this week after presenting at Bermuda Casino Gaming Commission’s... Read more of this article

Aruba Defeat Bermuda In Junior Davis Cup

Following their victory over Jamaica and Puerto Rico, Bermuda’s Junior Davis Cup Team were narrowly defeated by number 3 seed Aruba, losing in the doubles match by a third set tiebreaker. Tensions were high for Coach Mallory and his team, as the singles matches were split 1-1 and it all came down to the doubles match as the decider. The day kicked... Read more of this article

Athletes Honoured At Bermuda Sports Awards

[Updated] The 36th Annual Sports Awards ceremony took place at the Fairmont Southampton, with several awards handed out to various different sports. Tyler Butterfield and Flora Duffy were crowned the 2016 Male and Female Athletes of the Year, while Jah-Nhai Perinchief and Cecilia Wollmann were honoured as the Male and Female Junior Athletes of the Year. Cecilia... Read more of this article

Bermuda Re/Insurers Fight Strong Undercurrent

“Despite its best efforts, negative trends in the results of Bermuda market insurers and reinsurers have become increasingly evident, with the average return on equity continuing a steady decline since 2013 to 7.0% in 2016,” according to a new A.M. Best briefing. The Best’s Briefing, titled, “Bermuda Market [Re]Insurers Continue To Fight... Read more of this article

Photos: BNT Annual Children’s Nature Walk

More than 285 children, teachers, camp leaders and parents flocked to Spittal Pond this morning to learn about Bermuda’s environment and history through the Bermuda National Trust‘s annual Children’s Nature Walk, which was sponsored by Arch Re. Many of the schoolchildren had the added experience of seeing – often for the first... Read more of this article

Equestrians Conclude Competing In Belgium

Bermudian equestrians Jillian Terceira and Patrick Nisbett concluded competing in the CSI2* / CSI1* and CSIYH1* LIER – Azelhof Tour International Horse Show in Belgium. On the final day of competition, Terceira competed in Two Classes, while Nisbett competed in Three Classes. During the CSI2* 1.45m – 1.50m Table A with a Jump Off Class, Terceira... Read more of this article

Appleby: Bermuda Records 420 Deals In 2016

Bermuda accounted for one-fifth of all offshore deal value in 2016 and was home to two of the 10 largest deals of the year, according to a report released by law firm Appleby. The latest edition of Offshore-i, an Appleby report that provides data and insight on merger and acquisition activity in the major offshore financial centres, focuses on transactions... Read more of this article

Bermuda Stock Exchange Report: March 30 2017

March 30 saw 3,200 shares trade on the Bermuda Stock Exchange, valued at $100,975.00 BD. 3,200 shares were traded by Bank of N.T. Butterfield Ltd, closing up 3.3% at $31.50 per share. The BSX finished at 1,940.43, up 2.37% on the day. There was 1 advance, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article