Archive for August, 2024
AM Best Affirms Ratings Of AXIS Capital
AM Best affirmed the A [Excellent] Financial Strength Rating and “a+” Long-Term ICR for AXIS Capital Holdings’ subsidiaries, with stable outlooks. A statement from the ratings agency said, “AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a+” [Excellent] of... Read more of this article
Smith Continues World Tour Q-School Event
Camiko Smith continued competing in the DP world tour first stage Q-School event at The Players Club in Bristol, England. After the second round, the Bermudian golfer finds is tied 66th at 12-over par. Related Stories Bermuda Golf Association Team Challenge Begins Mosquera Competes At Lehigh Invitational Godwin Wins Moongate Tour Golf Round Golf... Read more of this article
Enstar Group Completes $442M Deal With IAG
Enstar Group Limited has completed the previously announced transaction between one of its wholly owned subsidiaries with Insurance Australia Limited, on behalf of Insurance Australia Group [IAG], following receipt of the relevant regulatory approvals and satisfaction of the final closing conditions. A spokesperson said, “Under the terms of... Read more of this article
BPSU General Secretary Labour Day Message
[Labour Day message from BPSU General Secretary Bro Kevin Grant] Labour Day serves as an acknowledgment and celebration of the tireless efforts made to protect workers’ rights over the years. Those who fought for these rights laid the foundation for the many benefits that are enjoyed by all workers today. Vacation leave, sick leave, maternity... Read more of this article
Video: August 30th Bernews Morning Newsflash
Several changes made to Bermuda Cabinet, PLP announce Owen Darrell as C15 candidate, retail sales decreased 0.2% in March 2024, Officers attend Cybercrime Meeting in Brazil, Southampton Parish Council Scholarships, Women’s Resource Centre Housing Campaign, Yushae DeSilva-Andrade wins first Paralympic match and Kamau Leverock joins Gujrat in Indian... Read more of this article
BUEI Joins “Cash, Trash, Bash” Fundraiser
The Bermuda Underwater Exploration Institute [BUEI] said they are “thrilled to be a part of this year’s ‘Cash Trash Bash’ fundraiser.” A spokesperson said, “In its seventh year, this annual marine clean, led by Karen Plianthos and her family, raises awareness for ocean conservation and has removed close to 15,000 pounds of... Read more of this article
Ministry: 5 Bus Runs Cancelled On Friday
The Ministry released the list of bus cancellations for this morning [Aug 30], with the list indicating that there are five bus runs cancelled so far today. Related Stories Ministry: 4 Bus Runs Cancelled On Monday Ministry: 6 Bus Runs Cancelled On Thursday Ministry: 2 Bus Runs Cancelled On Tuesday Ministry: 2 Bus Runs Cancelled On Monday Ministry:... Read more of this article
Bermuda Stock Exchange Report: August 29 2024
August 29 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,571.89, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Nov 6 2026 Bermuda Stock Exchange Report: Nov 5 2026 Bermuda Stock Exchange Report:... Read more of this article
PLP & OBA Statements On AG, Changes & More
The PLP and OBA both released statements pertaining to the announcement of the Attorney General position, politics and more. OBA’s Scott Pearman’s Statement Scott Pearman — the Shadow Minister for Legal Affairs — said, “Will the last person to leave the Burt Administration please turn off the lights? “There is... Read more of this article
City Releases First Official Annual Report
The City of Hamilton’s first Annual Report highlighted its 2023 achievements in infrastructure, community engagement, and transparency. A spokesperson said, “The City of Hamilton is proud to announce the release of its first official Annual Report, showcasing the city’s many achievements throughout 2023. As one of the world’s smallest... Read more of this article
Southampton Parish Council Scholarships
The Southampton Parish Council awarded scholarships to Southampton Parish students – Nicholas Hendrickson, Tiffany Smith, Denver Tucker, Rickai Lightbourne Jr., Nia Outerbridge, Koa Goodchild, Sanjayah Allwood, and Noah Hayward – to assist with their further education. A spokesperson said, “The Southampton Parish Council recently awarded... Read more of this article
Carl Neblett On PLP Candidate Announcement
[Updated] Carl Neblett — the OBA candidate for the Constituency 36 Sandys North by-election – noted that the by-election is “just over a month away and the island waiting in anticipation of who will run on behalf of the Progressive Labour Party and “it announces that Owen Darrell will be the candidate for Pembroke East.” Carl... Read more of this article
