Archive for August, 2017
Confirmed: Nahki Wells Transfers To Burnley
[Updating: Bermuda’s star striker Nahki Wells has been transferred from Huddersfield to Premier League side Burnley on a three year contract. Both clubs said the terms of the deal are undisclosed, with multiple reports from the British media suggesting the fee was around £5m [$6.46 million]. It’s ‘Deadline Day’ for English... Read more of this article
Luciano Unable To Perform At Sept 3rd Concert
Due to the death of his mother, Jamaican reggae star Luciano will not be able to perform at this weekend’s ‘Tribute to Fadda Dub’ concert, however the show will go on, organisers said today. A spokesperson said, “Reggae fans, One Love Promotions and MF Productions send condolences to JahmessenJah – Luciano on the recent passing... Read more of this article
Viking Sea Boat Incident ‘Under Investigation’
When the car carrier Viking Sea was leaving the Hamilton docks yesterday afternoon with the assistance of two government tugs, “one of the tug’s towline parted” resulting in the vessel making contact with the corner of dock, and the incident is presently under investigation, the Transport Ministry has confirmed. A Ministry of Transport... Read more of this article
Throne Speech To Take Place On Friday, Sept 8
The House of Assembly will convene next Friday [Sept 8] and the 2017 Throne Speech will be delivered, which will outline the Government’s Legislative Agenda for the year ahead. The last time the House of Assembly was in session was prior to the election, and at that time the breakdown of Members of Parliament in the 36-seat House was 17 OBA, 17 PLP... Read more of this article
Stolen 21ft Boat Retrieved After Being Adrift
A 21ft Mako was retrieved on Tuesday [Aug 29] after being adrift off Deep Bay, Pembroke, with the owner saying he “was glad to have his vessel back and reporting “that it had been stolen along with other items onboard.” A Bermuda Maritime Operations Centre spokesperson said, “Tuesday 29th August, 6:52am. Bermuda Maritime Operations... Read more of this article
Inter-Service King Of The Grill BBQ Cook Off
The Bermuda Police Service will be hosting the first ever Inter-service King of the Grill BBQ Cook Off on Saturday [Sept 2] at 6.00pm at Police Recreation Club Prospect Devonshire. The event poster says, “7 services have entered, but only one will be crowned King of the Grill! “Come out and watch the uniformed services of Bermuda battle it out behind... Read more of this article
RMS Models Economic Losses From Hurricane
Analysis by RMS, a global risk modeling and analytics firm, has found that economic losses caused by wind, storm surge, and inland flood from Hurricane Harvey could be as high as U.S. $70-90 billion. “The majority of the overall loss is likely to be from inland flooding in the Houston metropolitan area, where there are over seven million properties... Read more of this article
Monument Re Acquires Irish Life Assurance
Monument Re Limited has acquired Laguna Life DAC, the Irish life assurance operations of Enstar Group Limited [Enstar]. Completion follows receipt of regulatory approval and satisfaction of closing conditions. Laguna conducts Class I life assurance business, and was placed into run-off in November 2009. It became part of Enstar, a leading global insurance... Read more of this article
Ian Burford Joins Fidelis Insurance
Fidelis Insurance announced that Ian Burford is joining the London underwriting team as Chairman of Specialised Risks effective September 4th, 2017. Bringing over 30 years of experience in the London insurance market, Burford will focus on identifying opportunities to expand specialised products in insurance and reinsurance, including MGA start-ups. He... Read more of this article
Video: August 31st Bernews Morning Newsflash
Police confirm the death of 62-year-old Canadian Thomas Kyser, multiple reports that Burnley will sign Bermudian striker Nahki Wells, 58 buses currently out of service, Dellwood Middle School will not be ready for the school opening date of September 11th, Minister travel web page being upgraded, and 2017 Throne Speech will take place on September... Read more of this article
Bermuda Stock Exchange Report: Aug 30 2017
August 30 saw 13,500 shares trade on the Bermuda Stock Exchange, valued at $261,370.00 BD. 8,200 shares were traded by BF&M Ltd, closing down 1.9% at $20.60 per share, while another 4,200 shares were traded by Somers Limited, closing up 3.8% at $13.50 per share. 1,100 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $32.50... Read more of this article
BWS Doppler Radar Live Under Testing Status
The Doppler Weather Radar has been undergoing repairs and today [Aug 30] appears to be functioning under testing status. The Bermuda Weather Service Doppler Radar page has a notice that says, “Under Test. Expect Radar Imagery To Be Unavailable From Time To Time For Extended Periods While Repairs Are Conducted! “Bermuda Airport Authority... Read more of this article
