Archive for February, 2021

White Mountains Declares $1 Annual Dividend

At its regular meeting held on February 25, 2021, the Board of Directors of White Mountains Insurance Group, Ltd. declared a $1.00 per share annual dividend, payable in cash on March 24, 2021, to holders of record of Common Shares as of the close of business on March 15, 2021. Related Stories Compre Redomiciles To Bermuda Alex Smith Named Carrick... Read more of this article

Public Thanked After Missing Dog Found

Rico — a dog that went missing last week — has been found, with his owners thanking the public for their assistance and encouragement during the eight days that the canine was missing. The dog’s owners said, “Our baby boy, Rico, has finally been found after a long eight days of non-stop searching. Although we started to lose hope at times, members... Read more of this article

Photos: US Military Aircraft Visits Island

A United States Air Force [USAF] C-130 was recently spotted at the LF Wade International Airport, with the American military aircraft making a quick visit to the Island.To view our past coverage of military aircraft, click here. Related Stories Photos & Video: Military Aircraft In Bermuda Photos & Video: Military Aircraft In Bermuda Photos:... Read more of this article

Budget Does Not Ask For 10% Pay Reduction

“We are most proud to recognize the sacrifice of public sector workers by presenting a budget that does not ask them for an additional year of the 10% pay reduction,” the Premier said. Last night, Premier David Burt tweeted, “Looking forward to tomorrow’s budget statement where Bermuda’s Min. of Finance will present the 2021... Read more of this article

Hopkins Finishes 11th In Dominican Republic

Kaden Hopkins was recently back in action competing in Stage Four of the National Independence Cyclistic Vuelta 2021. A day after riding to victory, Hopkins covered the 120km fourth stage distance in a time of 3:00.57, crossing the line in eleventh place. Hopkins finished 5 minutes and 53 seconds behind stage winner Klesmas Yurgen Ramirez. The defending... Read more of this article

Football: Jannis Roberts Scores In IMG U15 Win

Jannis Roberts, Michael Outerbridge, and their IMG Under 15 Premier Boys teammates defeated South Florida 3 – 0. IMG got single strikes from Tison Hall, Kaplan Walsh, and Roberts in the win. Chase Ballentine, Javier Carbajal, and Noah Zukosky all recorded an assist, while Tristian D’Adamo, and Andrew Thompson combined for the shutout. Related... Read more of this article

DeRosa Finishes 3rd In SWAC Championships

Tiara DeRosa concluded competing in the 2021 Southwestern Athletic Conference [SWAC] Women’s Indoor Track and Field Championships inside the Birmingham Crossplex in Alabama. DeRosa, representing Mississippi Valley State, competed in the women’s weight throw where she won the bronze medal finishing 3rd with a top toss of 15.88m or 52 feet, 1.25... Read more of this article

Bermuda Festival Celebrates Black Performers

In celebration of Black History Month, the Bermuda Festival of the Performing Arts is inviting people to “take a walk down memory lane to celebrate and remember a few of the phenomenal black performers that have graced their stage in recent years.” A spokesperson said, “Black History Month began as a way of remembering important people... Read more of this article

Video: February 26 Bernews Morning Newsflash

Stabbing victim in serious but stable condition, Minister urges anyone with information to contact BPS, the Finance Minister will deliver the budget today, Brownies & Guides take part in KBB clean up, temporary changes to Post Office hours, Endeavour Maritime Programme fourth cohort and two new confirmed Covid-19 cases in Bermuda are some of the... Read more of this article

AM Best: London & Bermuda Attract Capital

Expectations of a broad hardening in market conditions, as well as the desire to bolster balance sheets in the face of uncertainty around Covid-19-related losses, underpinned much of the capital raising activity seen in 2020, according to a new AM Best report. “A new Best’s Special Report, “London and Bermuda Attract Capital as Insurance Market... Read more of this article

PartnerRe Reports Q4 & Full Year 2020 Results

Bermuda-based PartnerRe Ltd. reported net income available to common shareholder of $204 million for the fourth quarter of 2020 and net income available to common shareholder was $206 million for the full year 2020. The company said, “PartnerRe Ltd. today reported net income available to common shareholder of $204 million for the fourth quarter of... Read more of this article

Everest Re Group Announces $1.55 Dividend

Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.55 per share payable on or before March 31, 2021 to all shareholders of record as of March 17, 2021. Related Stories Everest Completes Everest Canada Sale Everest To Sell Mexico Business To Fairfax Everest Group Appoints Lisa Davis Everest Group Appoints Darryl... Read more of this article