Author Archive: Bernews1

Upcoming: 2012 Earth Hour Essay Contest

BELCO is now accepting entries for the 2012 Earth Hour Essay Competition, which has a theme of “Five Ways that I Keep My Bermuda Green.” Students in each of the following Age Categories are invited to submit essays. Entries will be judged on content, ideas and creativity, as well as grammar, spelling, punctuation and how well the essay is written. Ages... Read more of this article

Net Loss For Endurance Speciality

Endurance Specialty Holdings Ltd. yesterday [Feb. 9] reported a net loss of $27.4 million and $0.88 per diluted common share for the fourth quarter of 2011 versus net income of $111.2 million and $2.09 per diluted common share for the fourth quarter of 2010. For the year ended December 31, 2011, the net loss was $93.7 million and $2.95 per diluted common... Read more of this article

Pearman & Jones Join Conyers Bermuda

Conyers Dill & Pearman announced the hiring of litigation lawyer Scott Pearman and the addition of corporate lawyer Niel Jones [pictured] in the firm’s Bermuda office as it continues to strengthen its Bermuda offering. Mr Pearman joins Conyers from Ely Place Chambers in London, where he was a barrister for 13 years specialising in commercial litigation. He... Read more of this article

Dame Jennifer Talk Show Appearance

Education Minister Dame Jennifer Smith will discuss the state of the island’s public schools when she is the featured guest on Bermuda Broadcasting’s “Let’s Talk” TV news programme this Monday [Feb. 13] The Minister [pictured] will be joined by the Commissioner of Education, Mrs. Wendy McDonald and educator Dr. Avis Glaze. Education... Read more of this article

Eight Pacers Off To Philadelphia

Eight Bermuda Pacers Track club athletes will compete in the United Age Group Track Coaches Association’s Indoor Track Meet this Saturday [Feb.11] The event will take place at Widener University in Philadelphia. This is the club’s first appearance at this meet, the eight athletes include: Kyle Webb – 200m, 400m – High School Division Juma... Read more of this article

28-Yr-Old Thief Remanded In Custody

Jamel Nesbitt, 28-years-old and said to be of no fixed abode, pleaded guilty to five charges in Magistrates Court yesterday morning [Feb.9]. One involving the theft of a motorcycle and four related to the theft and use of cheques that he had stolen from a person who was known to him. The evidence was that Mr Nesbitt had taken the motorcycle from a Pembroke... Read more of this article

XL: ‘View Results In Broader Context’

Headquartered in Ireland with executive offices in Bermuda, XL Group plc yesterday reported its fourth quarter and full year results from 2011 — a year marked by a costly series of natural disasters for the global insurer and reinsurer. Commenting on the company’s performance, Chief Executive Officer Mike McGavick [pictured] said: “XL was... Read more of this article

Validus Announces Quarterly Dividend

Bermuda-based Validus Holdings, Ltd. announced yesterday [Feb.9] that its Board of Directors has declared a quarterly dividend of $0.25 per common share and $0.25 per common share equivalent for which each outstanding warrant is exercisable. The dividend is payable on March 30, 2012 to shareholders and warrant holders of record on March 15, 2012. Related... Read more of this article

Fairmont’s Three New Appointments

The Fairmont Southampton today announced three new appointments; Kimberley Webb, C.C. Gail Callender and Jacqueline Washington. Fairmont Southampton’s Regional Director of Human Resources Nelda Simons said, “The Fairmont Southampton is committed to recruiting, hiring and promoting Bermudians at all levels within the resort. “These appointments... Read more of this article

Tyrone Smith Finishes 2nd In Finland

Competing in his second Track and Field Meet in Finland, Bermuda’s Tyrone Smith finished second in an Indoor Track Meet in Vaasa. Facing a competitive field of eight jumpers, Smith finished with a top leap of 7.76m, which was 0.21 of a meter further than he leaped in Tampere. Michel Torneus from Sweden won the Men’s Long Jump event with a top... Read more of this article

Ministers/MPs On Pay Cuts, OBA Reply

[Updated with OBA's counter offer & UBP response] Premier and Finance Minister Paula Cox said that Ministers and Government MPs are prepared to accept a one year cessation of pension contributions, as well as a 5% salary decrease. This afternoon [Feb.9] the Premier wrote to Opposition Leader Craig Cannonier to ask if Opposition MPs would be willing... Read more of this article

Two Men Deny Robbing Disabled Man

Two men were remanded in custody this morning [Feb.9] after pleading not guilty in Magistrates Court to robbing a man who was said to be partially disabled. 30-year-old Andre Tucker and 25-year-old Treadwell Smith both pleaded not guilty to a charge of using force to carry out the robbery, with the victim said to be an unemployed partially disabled... Read more of this article