Author Archive: Bernews1

Arch Capital Group’s 2012 Q2 Results

Bermuda-based Arch Capital Group Ltd. reports that net income available to common shareholders for the 2012 second quarter was $212.6 million, or $1.54 per share, compared to $90.1 million, or $0.65 per share, for the 2011 second quarter. The Company also reported after-tax operating income available to common shareholders of $141.4 million, or $1.02... Read more of this article

Everest Re Reports $214.6M Net Income

Bermuda-based Everest Re Group, Ltd. reported second quarter 2012 net income of $214.6 million, or $4.08 per diluted common share, compared to net income of $131.3 million, or $2.41 per diluted common share, for the second quarter of 2011. After-tax operating income1, excluding realized capital gains and losses, was $223.0 million, or $4.25 per diluted... Read more of this article

Bean/Burrows Sentenced To 6/8 Years In Prison

[Updated] The sentencing of Kyril Burrows and his wife Delcina Bean-Burrows started at 9:50am this morning [July 25] in Supreme Court before Justice Charles-Etta Simmons. Following a lengthy trial that ended in May 2012, the pair was convicted of stealing over $500,000 from the Government. Mr Burrows — an architect — used his Government position... Read more of this article

Live Stream Replay: Bermuda vs Haiti Football

[Stream over] Tune in below to watch the Bermuda vs Haiti match which is presently being live streamed from Puerto Rico. Bermuda’s Under 20 National team is playing Haiti in the CONCACAF Under-20 Championships in Puerto Rico. Bermuda’s team consists of Robert Rawlins, Daniel Andrade, Marco Warren, Demetre Daniels, Rico Wells, Dunte Albuoy,... Read more of this article

Emancipation Sunday At St. Paul AME Church

On Sunday, 29th July St. Paul AME Church, Hamilton will celebrate Emancipation Sunday. Cup Match week will begin with a 10.55am Service of Praise and Thanksgiving with special music from the Senior Choir, and a congregation dressed in Cup Match colours. Strong Christian men who have made contributions to the Annual Classic will be honoured: Maj. Randall... Read more of this article

Section Of Middle Road To Be Made Wider

The Public Works Ministry will undertake a $400,000 road widening and wall reinforcement scheme along the area of Middle Road, Southampton between the Waterlot Inn and Riviera Road, Minister of Public Works Michael Weeks said today [July 25]. Minister Weeks said: “This area of Middle Road, Southampton between the Waterlot Inn and Riviera Road... Read more of this article

Douglas & Campbell Cricket Players Of Week

Logic and the Bermuda Cricket Board announced that the Logic Premier Division Player of the Week is Allan Douglas Jnr of Cleveland County CC. In the game against Willow Cuts, Mr Douglas scored 113 runs off 97 balls at a strike rate of 116.25 and he hit 10 fours and 8 sixes. The Logic 1st Division ‘Player of the Week’ is 17 year-old Seth Campbell... Read more of this article

Premier Cox Expresses Condolences To Ghana

Premier Paula Cox has extended condolence to the Government and people of Ghana on the passing of President John Atta Mills. Mr Atta Mills had ruled the West African country since 2009 and died yesterday [July 24] at age 68. His Vice-President John Dramani Mahama has been sworn in as his replacement. In her message, Premier Cox stated: “On behalf... Read more of this article

BFIS Awards 13 Scholarships Worth $451,000

Over 70 students, parents and Bermuda Foundation For Insurance [BFIS] alumni, trustees and committee members attended the BFIS Studies 2012 Scholarship Reception last night [July 24], where 13 students were awarded with BFIS scholarships ranging from $5,000 per year to $30,000 per year, representing a total of $451,000. The recipients [L-R] Ashley... Read more of this article

Health Dept. Measles Immunization Advisory

The Department of Health would like to remind residents travelling overseas this summer to events such as the Olympic Games in London to make preparations to be vaccinated against measles before travelling abroad. A spokesperson said: “Measles may cause serious complications such as pneumonia or encephalitis and is still common in many parts of... Read more of this article

Two Arrested, Gun Seized After Armed Burglary

Two men have been arrested and a gun was seized after an armed burglary at Pembroke residence early yesterday morning [July 24]. Reports indicate that a man armed with a bladed article and a gun broke into the dwelling and assaulted one of the occupants, who was subsequently treated at KEMH and later released. A police spokesperson said: “Around... Read more of this article

Woman Passes Away On Cruise To Bermuda

An elderly American woman passed away from natural causes on board the Veendam cruise ship while the ship was on route to Bermuda this week. The Veendam docked in Hamilton yesterday [July 24] and was met by local authorities, with the woman’s body being transferred ashore. This marks the second person passing away in recent days on the seas... Read more of this article