Author Archive: Bernews1

Roger Hannant Photography Show

Full-time Bermudian boat repairer and part-time amateur photographer Roger Hannant chronicles his work and surroundings in the new exhibit “Photos from the Boatyard” which opened at Rock Island Coffee on Monday [Feb. 27] and will be up for four weeks. “Photography has been my hobby since 1969 when I bought my first 35mm Pentax camera,”... Read more of this article

Syncora Posts 2011 Annual Statements

Bermuda-based Syncora Holdings Ltd. announced today [Feb.29] that it has posted to its website annual statements for the year ended December 31, 2011 for each of Syncora Guarantee Inc. and Syncora Capital Assurance Inc. Syncora Holdings Ltd. is a Bermuda-domiciled holding company whose operating subsidiaries Syncora Guarantee Inc. and Syncora Capital... Read more of this article

Assured Guaranty: ‘Near-Record Results’

Bermuda’s Assured Guaranty Ltd. together with its subsidiaries, announced today [Feb.29] financial results for the year ended December 31, 2011 and for the three-month period ended December 31, 2011. The company reported operating income for fourth quarter 2011 of $173.5 million, or $0.95 per diluted share, which represents a 13.6% increase compared... Read more of this article

Interfaith Seminar On Social Peace

The Ahmadiyya Muslim Community Bermuda, in collaboration with the Anglican Church and CURB [Citizens Uprooting Racism in Bermuda], is organising a faith-based symposium on the subject of “Social Peace” scheduled to take place on Saturday, March 10 from 4.00 pm to 6.00 pm at the Bermuda Underwater Exploration Institute [BUEI]. This faith-based... Read more of this article

Car Crashes Into Devonshire Wall

Early this morning [Feb.29] a car was seen crashed into a low wall just outside the Salvation Army Church on Roberts Avenue in Devonshire. The police attended the scene, and the vehicle was removed at approximately 8am. Details of what occurred are not clear at this time, however we will update with additional information as able. — Related... Read more of this article

Coney Island Park Temporary Closure

The Department of Parks has advised that Coney Island Park will be closed to the general public today [Feb.29] from 8:30 am to approximately 3:30 pm so that “important works can be performed.” “When the works are finished the Park will be reopened to the general public,” said a spokesperson. Related Stories BRSC: “Our Roads... Read more of this article

Lehman’s Settle With Bermuda Reinsurer

Bankrupt Lehman Brothers Holdings Inc., in a settlement with its Bermuda-based Lehman Re life insurance unit, reduced the subsidiary’s $2.3 billion in claims to $1 billion, according to a court filing on Tuesday [Feb. 28]. The Bloomberg financial news service is reporting the settlement between Lehman and two affiliates and Bermuda’s Lehman... Read more of this article

Bermuda Cited In India Corruption Case

India’s Central Bureau of Investigation will soon send judicial requests to Bermuda and the United Kingdom seeking details of money trail in a widening political corruption case in which former Telecom Minister Dayanidhi Maran is an accused. The CBI has alleged the former Cabinet Minister received $118 million as kickbacks from the Indian-Malaysian... Read more of this article

19 Students Head To UN Conference

Nineteen students from seven different high schools set off to New York early this morning [Feb.29] after being invited to attend the United Nations International School Conference. The Bermuda Youth News.com team will attend the Conference, which will be held on March 1 – 2, 2012, in the General Assembly Hall of the United Nations in New York. The... Read more of this article

Bermuda Dogs To Compete At Crufts

For the first time ever the Bermuda Kennel Club [BKC] Championship All Breed Conformation Dog Shows, held in October 2011, were nominated as Qualifying Shows for Crufts 2012. Crufts is one of the largest dog events in the world with nearly 22,000 dogs entered in various disciplines. It is held in the U.K. under the rules of the prestigious Kennel Club,... Read more of this article

ConvergEx Bermuda Woes Spotlighted

The cover story of the February issue of “aiCIO” explains why the Federal Bureau of Investigation, the Securities & Exchange Commission and the US Postal Service have reportedly focused their attention on the transition management practices of ConvergEx Group, an affiliate of leading global custodian BNY Mellon with a major Bermuda presence. Published... Read more of this article

New Collie Buddz Song: ‘I’m Paid’

Bermudian reggae sensation Collie Buddz recently made a previously unreleased track available online for the first time. As he gears up for an appearance at a major reggae festival in Florida next month, his song “I’m Paid” is now available to download. Best known for his chart-topping single single “Come Around”, Collie... Read more of this article