Archive for August, 2020
Estimated Insured Losses For Hurricane Laura
CoreLogic has estimated that the insured loss for Hurricane Laura will be between USD $8 billion and $12 billion, and with the island being home to many of the world’s leading re/insurers they can be expected to absorb some of these claims. CoreLogic said, “CoreLogic, a leading global property information, analytics, and data-enabled solutions... Read more of this article
Photos: Bermuda Open Singles/Doubles Snooker
[Updated with photos] The Bermuda Snooker Association recently held the Bermuda Open singles and doubles final at Spanish Point Boat Club. In the opener, Sandys’ Martin Siese and Peter Bromby defeated Spanish Point’s Billy Wotton and John Orr in the Bermuda Open Doubles Final. Siese and Bromby won the first game 61 – 48 before taking a... Read more of this article
New Novel “Censorettes” Spotlights Bermuda
Set to be released on November 1st, a new novel by Elizabeth Bales Frank entitled “Censorettes” spotlights Bermuda’s role in the Censorette program during World War II. The book’s synopsis says, “For a young woman of exceptional intelligence and courage, being sequestered from the dangers of WW2 on the idyllic island of Bermuda is... Read more of this article
AM Best Report: Rated Total Return Reinsurers
A new Best’s Special Report, titled, “Emergence of ‘Total Return Reinsurers’,” explores the financial results of an AM Best composite of five total return reinsurers that have operated for at least five years, compared against the results of the rating agency’s long-standing Bermuda reinsurance composite. A spokesperson said, “Although... Read more of this article
Volleyball Association Beach Tournament Results
The Bermuda Volleyball Association held its 2nd BDA Spirits Same-Sex Tournament at Horseshoe Beach. The HamSquad won the Men’s 4 A-Side Division, with the Ace Girls team claiming the Women’s 4 A-Side Division. Men’s 4 aside 1. HamSquad 2. Underdawgs 3. Son of a Beach Women’s 4 A-Side 1. Ace Girls 2. Chicks 3. Designated Drinkers Men’s... Read more of this article
Men With ‘Bladed Articles’ Fight At Soup Kitchen
Two men with “bladed articles” sustained injuries after fighting at a weekly soup kitchen charity event at a church. A police spokesperson said, “Shortly before 9:00 a.m. on Saturday, 29th August, police received a report of two males fighting, at the weekly soup kitchen charity event held at Christ Church in Warwick. “Reports... Read more of this article
Robinson To Speak At Transcontinental Trusts
Carey Olsen Bermuda partner Keith Robinson is a panellist on the global litigation session on day one of the Transcontinental Trusts International Bermuda Conference. A spokesperson said, “Carey Olsen Bermuda partner Keith Robinson is a panellist on the global litigation session on day one of the Transcontinental Trusts International Bermuda Conference. “The... Read more of this article
Video: Sunday August 30th ‘Good News’ Spotlight
News that the Hamilton Princess officially welcomed guests back to the hotel, Blue Waters Anglers Club held a back to school give away, Allied World Bermuda worked with 11 small businesses across the island to create over 225 gift bags full of unique local products, and an art display of blue butterflies by local artist Nicky Gurret was featured at... Read more of this article
Dr Paula Estwick Returns To Northshore Medical
Back in March, Dr Paula Estwick flew home to Barbados for a short visit to see family and friends; she had no idea at the time how quickly and drastically the world would change due to Covid-19. Dr Estwick just recently completed her mandatory quarantine period after arriving back to the Island in mid August; she is eager to start seeing patients again... Read more of this article
Premier: ’60% Of Hotel Inventory Available’
“Another important development for the tourism industry and for Bermuda as a whole, is the reopening of the Hamilton Princess,” Premier David Burt said, adding that, “once it reopens, Bermuda will be at just over 60% of our available hotel inventory with many more Bermudians going back to work.” Speaking at Thursday’s [Aug... Read more of this article
Global Indemnity Completes Redomestication
Global Indemnity Group, LLC announced the “completion of the redomestication of Global Indemnity Limited and its Bermuda subsidiary, Global Indemnity Reinsurance Company, Ltd., to the United States.” A spokesperson said, “The Company, a Delaware limited liability company classified as a partnership for federal income tax purposes,... Read more of this article
AgriSompo Global Platform Expands Reach
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that their global agriculture platform, AgriSompo, has entered into a strategic broking relationship with InVivo Group, a national union of 201 member cooperatives representing more than half of all farmers in France. “Working... Read more of this article
