Archive for July, 2019
Conor Sinclair Selected As 2019 AXA XL Scholar
AXA XL, the P&C and specialty risk division of AXA SA, announced that the 2019 AXA XL Scholarship has been awarded to Mount Saint Agnes Academy Valedictorian Conor Sinclair. The AXA XL Scholarship is a four-year full scholarship open to students who are Bermudian or hold Permanent Resident Certificate status and are working toward a degree in [re]insurance... Read more of this article
Hall Earns 35th Multi-Hit Game For Delmarva
Baseball player Adam Hall racked up his 35th multi-hit game of the season for his Delmarva Shorebirds team as they were defeated by the Charleston RiverDogs. The team’s report said, “The Delmarva Shorebirds started strong but faded fast as the Charleston RiverDogs busted the game open late to win 11-4 on Sunday evening at Arthur W. Perdue Stadium. “Dalton... Read more of this article
Video: July 31st Bernews Morning Newsflash
Minister urges people to consider alternatives to single-use plastics, Minister Zane DeSilva attends hotel summit in Miami, Cup Match reception held at Camden, BFA announce team for U15 Concacaf, Island Tour Centre achieves NSSP Certification, Butterfield Bank sponsors Bermuda Pride 2019, Conor Sinclair selected as AXA XL Scholar, and Cup Match parks... Read more of this article
Everest Re Report Q2 Net Income Of $342.9M
Bermuda-based Everest Re Group reported second quarter 2019 net income of $342.9 million, or $8.39 per diluted common share, compared to net income of $69.9 million, or $1.70 per diluted common share for the second quarter of 2018. After-tax operating income was $320.9 million, or $7.85 per diluted common share, for the second quarter of 2019, compared... Read more of this article
Arch Capital Reports Second Quarter Results
Bermuda-based Arch Capital Group Ltd. announced its 2019 second quarter results. The results included: Net income available to Arch common shareholders of $458.6 million, or $1.12 per share, a 19.0% annualized return on average common equity, compared to $233.2 million, or $0.56 per share, for the 2018 second quarter; After-tax operating income available... Read more of this article
RenaissanceRe Declare $0.34 Quarterly Dividend
The Board of Directors of Bermuda-based RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.34 per common share on its common shares. The dividend is payable on September 30, 2019, to shareholders of record on September 13, 2019. Related Stories RenaissanceRe Reports Third Quarter Results RenaissanceRe Announces Executive Changes RenRe... Read more of this article
Bermuda Stock Exchange Report: July 30 2019
July 30 saw 688 shares trade on the Bermuda Stock Exchange, valued at $14,385.65 BD. 300 shares were traded by Bank of N.T. Butterfield Ltd, closing down 1.7% at $32.50 per share, while another 200 shares were traded by One Communications Ltd, closing down 6.3% at $3.75 per share. 83 shares were traded by BF&M Ltd, closing at an even $17.05... Read more of this article
Review: Friday Evening At Lido Complex
[Written by Mikaela Ian Pearman] A Friday evening at the Lido Complex is always a good idea, especially when the weather is good, the cocktails are strong, and the music is on point. I was invited to experience the new Friday evening vibe at the Sea Breeze Terrace last weekend and I happily said yes. For the past couple years, it’s been called The... Read more of this article
Official Govt & Legal Notices For July 30th 2019
The official Government and Legal notices for today [July 30] include acting appointments, cancellation of registration & notice of intended marriages. Bermuda Monetary Authority Notice Type: Government Notice Notice Sub Type: Cancellation of Registration Notice ID: GN0893/2019 Public Authorities / Department: Bermuda Monetary Authority Publication... Read more of this article
ABIR 2018 Global Underwriting Results Released
The Association of Bermuda Insurers and Reinsurers [ABIR] released the 2018 global underwriting results for its member [re]insurers reporting record, gross written premium exceeding $100 billion [US]. ABIR said, “Twenty-one of the 23-member [re] insurers participated in this 2018 report. The companies write insurance and reinsurance from underwriting... Read more of this article
30 Minute Video: July 30 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
Cricket: Digicel U12 Youth Summer League MVPs
The Bermuda Cricket Board [BCB] and Digicel announced the 2019 Digicel U12 Youth Summer League MVPs for the first three weeks. The co-ed U12 Summer League is being held on Monday evenings, July 8 through August 12, between Warwick Academy and Flatts, with games restricted to 20 overs per team, 6 balls per over. The Summer League Playoff will be held... Read more of this article
