Author Archive: Bernews1

Recycled Glass Used As Construction Material

Recycled glass is being used for construction projects around the island after it has been crushed into two different sizes at Bermuda’s Material Recovery Facility [MRF]. “The Ministry of Public Works would like to publically thank those residents who are utilizing Bermuda’s TAG [tin, aluminium and glass] Curb-Side recycling programme”... Read more of this article

UBP Congratulates Bermuda’s Olympians

“Nothing galvanizes people more than sports, music or the arts and in this case the Olympics has kept the people of Bermuda focused on the events in London”, United Bermuda Party leader Kim Swan said. “My colleague Mr. Charlie Swan and I are most pleased with and proud of the efforts by all of our [Bermuda's] Olympic athletes. We see... Read more of this article

Upcoming: Lindo’s T20 Final At Somerset CC

The Lindo’s T20 Final will be held on Friday [Aug 10] when Eastern County rivals Bailey’s Bay and St. David’s battle it out for the coveted T20 Trophy under lights at Somerset CC. The game starts at 6.30pm. Zach Moniz of Lindo’s stated, “Lindo’s is proud to be able to continue to support T20 in conjunction with the BCB. The changing... Read more of this article

Q2: Significant Increase For Alterra’s Net Income

Bermuda-based Alterra Capital Holdings Limited reported [PDF] net income of $78.9 million, or $0.77 per diluted share, for the second quarter of 2012, compared to net income of $32.6 million, or $0.30 per diluted share, for the same quarter of 2011. Net operating income for the second quarter of 2012 was $69.0 million, or $0.68 per diluted share, compared... Read more of this article

Two Charged After Robbery Leaves Man In ICU

In Magistrates Court this morning [Aug 8], a 21-year-old and a 17-year-old were charged with offences relating to the robbery and wounding of a man in the Rambling Lane area this past weekend. Kyle Daniels Smith, 17, and Sergio Woolridge-Robinson, 21, were charged with robbing a man of gold chains and a Blackberry, together worth over $1,300, and using... Read more of this article

One Month Since Rudy Smith’s Disappearance

The disappearance of Rudy Smith remains a mystery with the 40-year-old having not been seen for almost a month. Speaking with his sister this morning, she said right now the family is “as clueless as the public,” and they really want closure. When asked if they were still hopeful, his sister said: “There is always hope, we serve a... Read more of this article

Crime Statistics Show Increase In Sexual Assaults

The crime statistics released yesterday [Aug 7] revealed that reported sexual assaults in the second quarter of 2012 have increased from the first quarter. There were nine in the second quarter as compared to four in the first quarter. The statistics — which cover a three month period from 1 April 2012 to 30 June 2012 — also report that... Read more of this article

Opposition Leader Congratulates Olympians

“On behalf of my colleagues in the One Bermuda Alliance, I want to express the pride we feel in the performance of our Olympic athletes in London,” Opposition Leader Craig Cannonier said. “They carried the flag with pride and enthusiasm and they competed with grit, confidence and character against the best in the world. A great effort!... Read more of this article

2012 BJGA International Classic Underway

The 2012 BJGA International Classic got underway yesterday [Aug 7] at the Tucker’s Point Club. This year’s event sees a smaller than usual field in each age division, however, each division promises to be a competitive affair. The conditions could not have been better for the first round of play and through 15 holes there were some great rounds... Read more of this article

James Few Named CEO Of Aspen Re

Bermuda-based Aspen Insurance Holdings Limited announced changes to the management of its reinsurance segment. Brian Boornazian (CEO, Aspen Re) will assume the position of Chairman of Aspen Re, while James Few (President, Aspen Re) will become CEO of Aspen Re. Emil Issavi will become CUO of Aspen Re. Brian Boornazian has been appointed as Chairman and... Read more of this article

Man In ICU After Motorcycle Accident

[Updated] Commuters are this morning [Aug 8] facing traffic delays in the area of St. John’s Road in Pembroke due to a serious road traffic collision involving two motorcycles. One person has been taken to the hospital with head injuries. Police spokesperson Dwayne Caines said to expect major traffic delays in the area at this time [8.50am], as... Read more of this article

Cayman Drops Plans To Tax Expat’s Income

Cayman Islands Premier McKeeva Bush has dropped the proposed 10% payroll tax for expats, and will be looking at other ways to balance the Cayman budget. The tax — which he referred to as a “community enhancement fee” — had caused great controversy in the Cayman with a Facebook group Caymanians and Expats United Against Taxation attracting... Read more of this article