Archive for July, 2018

Premier & Ministers Present Gifts To Hammond

Premier & Ministers Present Gifts To Hammond

During the Cup Match Summer Splash, One Love One Life Concert held over the weekend, Premier and Minister of Finance David Burt, thanked the Grammy-nominated reggae artist Beres Hammond, for his musical contributions. The Premier also recognized that Mr. Hammond has been traveling to and performing in Bermuda since 1975. The Premier was joined on stage... Read more of this article

30 Minute Video: July 31 ZBM Evening News

30 Minute Video: July 31 ZBM Evening News

With an aim to expand the way they deliver their news to the community, the Bermuda Broadcasting Company is continuing to live stream their evening news programme online for viewers both on the island and abroad. The live video will begin at 7.00pm, and play to 7.30pm, and then the replay will be available: Related Stories 30 Minute Video: Dec 30... Read more of this article

NY Times Highlights Bermuda’s Crypto Efforts

NY Times Highlights Bermuda’s Crypto Efforts

“The race is on to become the go-to destination for cryptocurrency companies that are looking for shelter from regulatory uncertainty in the United States and Asia” and “Bermuda has been a leading player,” according to a story in the New York Times. The story — entitled “Have a Cryptocurrency Company? Bermuda, Malta... Read more of this article

Charity Raffle Offers Chance To Win Two Cars

Charity Raffle Offers Chance To Win Two Cars

YouthNet and The Reading Clinic have joined forces in order to launch their Do Good Together Raffle, with the charitable effort offering the chance to win one of two Mazda CX3 Crossover SUVs. A spokesperson said, “Up for grabs in this year’s raffle are two of the very popular Mazda CX3 Crossover SUVs, courtesy of Auto Solutions. “The raffle... Read more of this article

47% Of 136 PATI Requests Granted Last Year

47% Of 136 PATI Requests Granted Last Year

In 2017, public authorities reported receiving 136 new PATI requests and they granted access to all or parts of the records in 47% of those requests. This is according to the Information Commissioner’s Office Annual Report 2017 on the operation of the Public Access to Information [PATI], which has been tabled in both Houses of Parliament and is now... Read more of this article

‘Heart And Passion To Play For St George’s’

‘Heart And Passion To Play For St George’s’

[Written by Don Burgess] Wholesale changes in the Cup Match squad for St George’s was a desire from the club to bring in players who have the passion and will to fight. Captain Macai Simmons told Bernews, “That’s why there was a call for change because I needed different faces to get a different result from this past years.” The... Read more of this article

AXIS Accelerating Digital Technologies Efforts

AXIS Accelerating Digital Technologies Efforts

AXIS Capital Holdings announced the launch of AXIS Digital Ventures, a new unit they said “will lead enterprise-wide efforts to partner with entrepreneurial companies focused on data and analytics with high value [re]insurance applications, new product opportunities including emerging risks, and new distribution and [re]insurance business models.” “AXIS... Read more of this article

Video: July 31st Bernews Morning Newsflash

Video: July 31st Bernews Morning Newsflash

Government presented $75,000 to Somerset Cricket Club to assist with hosting Cup Match, 25-year-old man charged with child pornography, police released images of the suspect in the fatal shooting, YouthNet & The Reading Clinic raffle offers a chance to win one of two cars, Blackwatch Pass will be closed due to construction work effective August... Read more of this article

Everest Re Report Q2 Net Income Of $69.9M

Everest Re Report Q2 Net Income Of $69.9M

Bermuda-based Everest Re Group, Ltd. reported second quarter 2018 net income of $69.9 million, or $1.70 per diluted common share, compared to net income of $245.7 million, or $5.95 per diluted common share for the second quarter of 2017. After-tax operating income was $40.4 million, or $0.98 per diluted common share, for the second quarter of 2018,... Read more of this article

Bermuda Stock Exchange Report: July 30 2018

Bermuda Stock Exchange Report: July 30 2018

July 30 saw 18,500 shares trade on the Bermuda Stock Exchange, valued at $915,750.00 BD. 18,500 shares were traded by Bank of N.T. Butterfield Ltd, closing down 1.0% at $49.50 per share. The BSX finished at 2,816.35, down 0.79% on the day. There were 0 advances, 1 decline, and 58 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

Govt Presents $75,000 To SCC For Cup Match

Govt Presents $75,000 To SCC For Cup Match

Government presented a $75,000 cheque to Somerset Cricket Club to assist with hosting the Cup Match event, saying “this increased level of support from the Bermuda Government is essential to ensure that as country we uphold our cultural traditions.” Premier David Burt said, “One of the best parts about the Cup Match holiday is the... Read more of this article

Taylor Grier ‘Was An Entertainer, Loved Dancing’

Taylor Grier ‘Was An Entertainer, Loved Dancing’

[Written by Don Burgess] Childhood friend Rockal Evans said Taylor Grier was an entertainer at heart who loved dancing. Last Friday, two men on a motorcycle fired multiple gunshots in the area of Court and Elliot Street, resulting in the death of 30-year-old Mr Grier, while a 55-year-old man was injured. Mr Evans said the two of them went to the same... Read more of this article