Author Archive: Bernews3

Health Council’s ‘Non-Compliant’ Employers’ List

The Bermuda Health Council has released the list of “Non-Compliant Employers” on their website, with the Health Council reminding “employers of shared responsibility for health insurance coverage.” A spokesperson said, “Since June 2015, the Bermuda Health Council [the “Health Council”] was granted the right to publish... Read more of this article

Fitch On Bermuda, 15% Global Tax Rate & More

“The overall benefits of maintaining a Bermuda market domicile and operations will likely endure, but the net profitability gap between Bermuda and non-Bermuda incorporated companies is expected to narrow over time,” Fitch Ratings said. A statement from the ratings agency said, “Fitch does not expect to take any near-term rating actions on... Read more of this article

BNG & Goslings Holiday Wrapping Paper Contest

The Bermuda National Gallery and Goslings Rum will be holding their second annual Holiday Wrapping Paper Design Competition, with the winners of each category to receive a cash prize of $500. A spokesperson said, “Artists and designers – both professional and amateur – are invited to submit designs for a holiday inspired wrapping paper which... Read more of this article

Property Treaty Reinsurance Consolidation

Hamilton Insurance Group, Ltd. today announced its decision to “cease writing property treaty reinsurance through Syndicate 4000 in London. “We regularly review our book to ensure that we continue to drive underwriting profitability in line with Hamilton’s strategy of building a global, diversified specialty insurance and reinsurance... Read more of this article

Almost 20 More Schools Have Re-Opened

The Government confirmed that almost 20 more schools have re-opened for in person learning. A Government spokesperson said, “Please be advised of the following schools that opened successfully on Friday, October 15, 2021: 1. Elliot Primary 2. Northlands Primary 3. Lyceum Preschool 4. Prospect Preschool “Please be advised of the following... Read more of this article

Suspect Arrested Following Sexual Assault

A 36-year-old suspect has been arrested in relation to the aggravated burglary and sexual assault at a Smiths Parish residence yesterday [Oct 19], the police have confirmed, adding that the investigation continues and anyone with any information should contact them. A police spokesperson said, “A 36-year-old suspect has been arrested in relation... Read more of this article

Colin Powell: U.S. Consulate’s Condolences

The U.S. Consulate General in Hamilton has extended condolences following the passing of General Colin Powell, noting that the “United States lost a great American hero in former Secretary of State, General Colin Powell.” U.S. Consulate General in Hamilton tweeted, “The United States lost a great American hero in former Secretary of... Read more of this article

Single-Use Plastics Public Consultation Deadline

The Ministry of Home Affairs reminds the public that the deadline for submitting any comments on the Regulating Single-Use Plastics in Bermuda Policy Paper is on Saturday, October 31st. A Government spokesperson said, “The Ministry is pleased to advise that a summarised version is also available for review in addition to the complete policy document.... Read more of this article

198 Professionals Sign Letter Supporting Vaccine

Another 96 medical professionals have now signed a letter in support of the Covid-19 vaccine, with the open letter now having close to 200 signatories. A spokesperson said, “Another 96 medical professionals have now signed a letter in support of the Covid-19 vaccine. The open letter, first released on September 23, now has close to 200 signatures,... Read more of this article

Cole Simons: Who Is Kroll Bond Rating Agency?

[Updated] “It costs the Government a lot of money to obtain an international credit rating” and “what made KBRA so attractive to the PLP Government that it would spend even more money for its rating,” Opposition Leader Cole Simons said. Mr Simons, who is also the Shadow Finance Minister, said, “Last week the Minister of... Read more of this article

Golf: 125 Additional Tickets Now Available

The Butterfield Bermuda Championship announced the addition of 125 general admission tickets per day for Friday, October 29, Saturday, October 30, and Sunday, October 31. The previously sold-out rounds will now welcome additional spectators as the Championship has been granted an exemption extension by the Minister of Youth, Culture and Sport for the... Read more of this article

Daniel Augustus Begins Competing In Georgia

Daniel Augustus began playing in the APGA Tour Farmers Insurance at White Oak Golf Club in Georgia where he shot an opening-round 6-over par 78. Augustus started out with back-to-back pars, which was followed by a birdie before he recorded a quintuple bogey on the fourth hole. He recovered to hit back-to-back pars, but that was followed by a double... Read more of this article