Author Archive: Bernews1

Upcoming: E-Waste Recycling Day

The Waste Management Section of the Ministry of Public Works will be holding their second e-Waste Recycling Day for 2012 on Saturday 14th July from 9 a.m. to 5 p.m. at the Tynes Bay Waste to Energy Facility located on Palmetto Road, Devonshire. Residents are encouraged to bring their old, worn out electronics to be recycled – everything from battery... Read more of this article

Photo Set #3: 2012 Evolution Fashion Show

Crowds made their way to Hamilton on Saturday [July 7] to watch the 2012 Evolution Fashion Show, which was hosted by the City of Hamilton. The fashion extravaganza featured some 150 models strutting up and down the 80 foot runway, local entertainers, clothes from 23 retailers and hair by four salons. View our first set of videos here, our second set... Read more of this article

Bermuda Powerboats National Championships

The Bermuda Power Boat Association held their National Championship racing off the Spanish Point Boat Club on Sunday [July 8]. Jody and Tony Carreiro won both A Class races, while Mark Selley and Jordan Fletcher drove to victory in both B Class races. Tonka Simpson and his crew Seth Chetty raced to victory twice in the FB Class, while Ryan and Steven... Read more of this article

Dr Castanho On Bermuda/Azores Connection

Dr Maria Da Graca Castanho — the Regional Director of the Communities for the Azores — recently visited Bermuda and spoke of the special connection between the two islands. Dr Castanho’s position means that she has special responsibility for Azorean people who either live or work in other countries; USA, Canada, Brazil, Portuguese... Read more of this article

Debate On GEHI Dental Coverage Continues

[Updated] Debate continues over dental insurance coverage for Government employees, with the OBA saying it appears coverage was suspended because the Government has failed to pay the premium, while the Government insists that coverage was not suspended. The One Bermuda Alliance provided documents that appear to indicate that Government workers insurance... Read more of this article

Endurance Promotes David Bigley To Senior VP

Bermuda-based Endurance Specialty Holdings Ltd. has promoted David Bigley to Senior Vice President, Head of U.S. Property Catastrophe Reinsurance. Mr. Bigley, who joined Endurance in 2003, now reports to Stephen Young, Executive Vice President, Chief Underwriting Officer and Head of Global Catastrophe Reinsurance. “In addition, Rene Lamer and... Read more of this article

Bermuda Motocross Sunday Racing Results

The 2012 Bermuda Motocross Racing Season continued at the Moto Sports Park in Southside on Sunday [July 8]. Jayden Simmons, Keegan Jones, and Szaine Williams finished one, two and three in the Pee-Wee Class, with Zano Tucker winning the 50cc Class on the day, Moses Johnson finished second and J’auza James finished third. The 65cc Class was won by... Read more of this article

Videos Set #2: 2012 Evolution Fashion Show

On Saturday night [July 7] the 2012 Evolution Fashion Show was hosted by the City of Hamilton, with the three hour show featuring 150 models, local entertainers, clothes from 23 retailers and hair by four salons. View our first set of videos here, first set of photos here, our second set here, and all Evolution Fashion Show coverage here. City of Hamilton’s... Read more of this article

Three People Charged With Defrauding BF&M

In Magistrates Court this morning [July 9] three Filipino nationals pleaded not guilty to a series of charges of defrauding BF&M Insurance Co Ltd of approximately $75,000. The slew of charges covered the period April 2011 to March 2012. Camille Canillas Orteza, 25, pleaded not guilty to eleven charges of obtaining money and attempting to money.... Read more of this article

51-Yr-Old Man Flown Overseas After Accident

[Updated] An accident occurred around 6.15pm on Saturday [July 7] in Sandys which involved a truck towing a trailer with a jet ski, a car and a motorcycle. Unofficial reports indicate that the trailer broke free from the truck, smashing into the car and a man riding a motorcycle. At around 6:15pm on Saturday, police and first responders attended a... Read more of this article

Government Provides $120K Summer Job Funding

Government is allocating an additional $120,000 to a summer employment programme which will provide jobs for 120 young people. Twenty university students started their jobs today [July 9], and Government anticipates that they can assist roughly 100 more young people find employment for the latter part of this summer. The funds for the programme will... Read more of this article

S.A.C. Re Begins Operations With $500M Capital

S.A.C. Re, Ltd. has commenced operations with $500m of contributed capital, raised in a private placement of the equity securities of its parent, S.A.C. Re Holdings, Ltd. S.A.C. Re Holdings’ founding investors include Steven A. Cohen and Capital Z Partners III, L.P. (“Cap Z”). Mr. Cohen is Chief Executive Officer and Chairman of S.A.C. Capital... Read more of this article