Author Archive: Bernews1

TBI Completes SOC1 Certification

TeleBermuda International Limited announced they, along with their sister company TeleCayman Limited, have had an examination of Data Center operations in both jurisdictions completed under the SOC1 standards [formerly known as SAS70]. This internationally recognized examination developed by the American Institute of Certified Public Accountants was... Read more of this article

Photos: Wolves Defeat X’Roads 4 – 0

In a First Division football matchup played on Sunday [Feb.26] at the Devonshire Rec, Wolves defeated X’Road’s 4 – 0. The First Division League leaders Wolves got two goals from Troy Tucker and two from Derek Brangman as they defeated visiting X’Road’s 4 – 0. In the other First Division games of the day Young Men Social Club defeated... Read more of this article

Premier/Ministers To Host Town Hall

Premier Paula Cox along with various Government Ministers will host a town hall meeting tomorrow [Feb.28] to discuss the 2012/13 National Budget.The meeting takes place at the Berkeley Institute Auditorium at 7.30 p.m. The Premier will be joined by the following Cabinet Ministers at Tuesday’s meeting: Deputy Premier and Minister of Transport Derrick... Read more of this article

Repeat Offender Jailed: Stealing Liquor

64-year-old habitual offender Sinclair Lewis Fox was this morning [Feb.27] sent to prison for three months after pleading guilty to two counts of trespassing and stealing liquor and wine to a total value of $250. Mr Fox was said to be unemployed and of no fixed abode, and also to have burgled his own lawyer’s office previously. The Prosecutor... Read more of this article

Man Jailed: Swallowing Drug Pellets

20-year-old Zeco Stovell of Middletown Lane Pembroke started a fifteen month prison sentence this morning [Feb.27] after he pleaded guilty and was convicted of two counts; importing and possessing with intent to supply. Mr Stovell had swallowed two pellets before boarding an aircraft to return to Bermuda from a trip to the USA. The Prosecutor told Senior... Read more of this article

Photos: City Of Hamilton’s Car Show

Sleek designs, horsepower and the latest in automotive high-tech gadgetry and accessories were all showcased in Hamilton at the weekend as the island’s car dealerships went into top gear for the City of Hamilton’s car show. Hundreds of people made their way to the event on Saturday afternoon [Feb.25], which was held on the third level of... Read more of this article

Catastrophes Impact On Hiscox Profits

Hiscox, the Bermuda-based reinsurance group, today [Feb.27] reported a reduction in pre-tax profit for the year ended December 31, leading to a significant fall in earnings per share [EPS]. Profit before tax dropped from £211.4 million to £17.3 million, which the firm said was “a good result considering natural catastrophe losses of £270 million”,... Read more of this article

Cayman Newspaper Chides Premier Cox

Premier Paula Cox’s criticisms of claims by Shadow Finance Minister Bob Richards that rival Caribbean jurisdiction Cayman may be stealing a march on Bermuda in the reinsurance field entirely miss the point, says the leading newspaper in that British territory. In an editorial today [Feb.27], the “Caymanian Compass” says the Bermudian... Read more of this article

‘Dream Horse’ Thrives In Bermuda

A former racehorse which seemed destined for the slaughterhouse just a year ago has taken on a second lease of life in Bermuda thanks to a expressive auction photograph which caught the attention of local riding instructor Esther Douglas. Last April, she spotted a picture of the chestnut gelding after he was sent to New Jersey feedlot and listed for... Read more of this article

Ferry Reach Mountain Bike Results

The seventh mountain bike race of The Latter Rain Water Service Race Series took place yesterday [Feb.26] at Ferry Reach Park. Forty–four brave riders came out to despite the blustery and cold conditions on the 2-mile course. This week the course was raced in reverse of previous races, challenging the riders at every turn. In Men’s A Class,... Read more of this article

Upcoming: Jump Rope Workshops

The Argus Group is sponsoring Bermuda Heart Foundation’s ‘Jump 2b Fit’ programme, which encourages people to get into jumping rope as a means of getting fit and looking after their heart health. Bermuda Heart Foundation initially chose jump rope as its heart healthy school initiative as it’s cheap, fun and efficient in strengthening heart and... Read more of this article

AXIS Speciality In Strategic Agreement

Global Clearing & Settlement Advisors [GCSA], a leading US provider of capital solutions for the clearinghouse industry, and AXIS Specialty Ltd., a wholly owned subsidiary of Bermuda’s AXIS Capital Holdings yesterday [Feb.26] announced a Strategic Alliance Agreement in conjunction with their closing of a new transaction for NOS Clearing ASA,... Read more of this article