Author Archive: Bernews5

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Enstar Agrees Cover Transaction With IAG

Enstar Agrees Cover Transaction With IAG

Enstar Group Limited announced that one of its wholly owned subsidiaries has signed an adverse development cover agreement with Insurance Australia Limited, on behalf of Insurance Australia Group [IAG]. A spokesperson said, “Under the terms of the agreement Enstar will provide approximately the equivalent of US$430 million [AU$650m] of excess... Read more of this article

Bermuda Stock Exchange Report: June 27 2024

Bermuda Stock Exchange Report: June 27 2024

June 27 saw 1,400 shares trade on the Bermuda Stock Exchange, valued at $42,700.00 BD. 1,000 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.6% at $33.50 per share, while another 400 shares were traded by BF&M Ltd, closing up 4.5% at $23.00 per share. The BSX finished at 2,413.29, up 0.83% on the day. There were 2 advances, 0... Read more of this article

Traffic: Emergency Lane Closure On Stowe Hill

Traffic: Emergency Lane Closure On Stowe Hill

The Ministry of Public Works advised that there is “an emergency single-lane closure on the eastbound turning lane of Stowe Hill at The Lane junction in Paget Parish.” A Government spokesperson said, “This closure is necessitated by BELCO trench works and takes effect immediately, continuing through Saturday, 29 June 2024. “The lane... Read more of this article

Police Appeal To Help Locate Two Teenagers

Police Appeal To Help Locate Two Teenagers

The police continue to appeal for the public’s assistance in locating 15-year-old Raquel Sequeria and 16-year old Marseille Williams. A police spokesperson said, “The Bermuda Police Service is once again appealing to the public to assist us in locating, 15-year-old, Raquel Sequeria and 16-year old Marseille Williams. “Ms. Sequeria, a... Read more of this article

Official Govt & Legal Notices For June 27 2024

Official Govt & Legal Notices For June 27 2024

The official Government and Legal notices for today [June 27] include appointment of marriage officer, acting appointments and notification of planning applications registered. Marriage Officer: Gary Simons Notice type: Government Notice Notice sub type: Appointment of Marriage Officer Notice ID: GN0629/2024 Public Authorities / Department: Registry... Read more of this article

FC Bascome Potluck Fundraiser On June 28

FC Bascome Potluck Fundraiser On June 28

FC Bascome will hold a Potluck Fundraiser to help pay for the medical expenses of their coach Darren Whitehead at BAA from 5 to 7.30 pm tomorrow [June 28]. A GoFundMe page has been launched to assist in the medical expenses for Mr Whitehead, So far, the page has raised $71,093 of the $100,000 target. The page, established by his daughter Trinity Basden,... Read more of this article

Robin Tucker On Health Council Amendment Act

Robin Tucker On Health Council Amendment Act

“While the Government made one amendment to the Health Council Amendment Act 2024, they have done so without genuine consultation with and buy-in from a valuable segment of the health community,” Opposition Senate Leader Robin Tucker said. Senator Tucker said, “During the Senate session the Government put forward an amendment removing... Read more of this article

Khano Smith Named USL Coach Of Week

Khano Smith Named USL Coach Of Week

Khano Smith has been named the USL Championship Coach of the Week, marking the second time this year the Bermudian coach has earned the honour. A spokesperson said, “Rhode Island FC Head Coach and General Manager Khano Smith has been named USL Championship Coach of the Week after the Ocean State club’s 5-2 win at Louisville City FC on Saturday. “For... Read more of this article

Minister Hayward Celebrates World MSME Day

Minister Hayward Celebrates World MSME Day

“Micro, Small, and Medium-Sized Enterprises [MSMEs] are the backbone of our economy, showcasing resilience, creativity, and innovation,” Minister of Economy and Labour Jason Hayward said. Minister Hayward said, “Moreover, they are crucial to our economic vitality and sustainability. And so, as the Minister of Economy and Labour, I... Read more of this article

Minister Owen Darrell On Summer Day Camps

Minister Owen Darrell On Summer Day Camps

“as the 2023-2024 school year concludes today for many students across the island, the Department of Sport and Recreation is prepared to welcome participants to this year’s Camp Connect initiative,” Minister of Tourism, Culture and Sport Owen Darrell said in the Senate. The Minister said, “On Monday, July 1st, 2024, over one... Read more of this article

Beyond Inclusion & Pay-A-Kid In Charlotte

Beyond Inclusion & Pay-A-Kid In Charlotte

Four young professionals representing Beyond Inclusion and Pay-A-Kid attended an employment conference recently in Charlotte, North Carolina. The event was hosted by the Association of People Supporting Employment [APSE], an organisation that promotes Employment First – a movement prioritising meaningful employment, living wages and career advancement... Read more of this article

Bermuda Stock Exchange Report: June 26 2024

Bermuda Stock Exchange Report: June 26 2024

June 26 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,393.43, even on the day. There were 0 advances, 0 declines, and 51 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: April 22 2026 Bermuda Stock Exchange Report: April 21 2026 Bermuda Stock Exchange... Read more of this article