Author Archive: Bernews1

Guerillas Kill Oil Firm’s Employees

The Kurdistan Workers’ Party, or PKK, killed three employees of Bermuda’s TransAtlantic Petroleum Ltd. in southeast Turkey late last week. TransAtlantic Petroleum, based in Hamilton, said the attack “appears to be an isolated event” in a statement issued today [Nov 28]. The incident took place at its Selmo field in southeast Turkey, said... Read more of this article

Aquatic Centre To Be Completed In 2012

Speaking on Friday [Nov.25] in the House of Assembly, Sport Minister Glenn Blakeney said over $8 million has been spent on the Aquatic Centre thus far, out of the estimated total cost of approximately $18 – 19 million. Minister Blakeney said ground was broken in November 2010, and progress to date has seen “several key milestones achieved.”... Read more of this article

Football: First & Premier Division Results

First Division: Somerset Eagles 0 X’Road’s 1 At the White Hill Field, Mikael Ming scored the only goal of the game for X’Road’s as they defeated the Somerset Eagles 1 – 0. First Division: Ireland Rangers 0 Hamilton Parish 5 At Malabar, visiting Hamilton Parish got goals from Calvin Hansey, Kaiya Darrell, Donovan Thompson, Dejon Simmons and... Read more of this article

Validus Withdraws Its Transatlantic Offer

After a six month-long hostile takeover battle, reinsurer Bermuda’s Validus Holdings today [Nov. 28] said that it has withdrawn its $3.5-billion cash and stock offer for rival Transatlantic Holdings. In a filing with the US Securities and Exchange Commission, Hamilton-headquartered Validus said it would return about 7.7 million Transatlantic shares,... Read more of this article

BTFA Half Marathon & 10K Results

Gideon Kigotho and Deon Breary won the 2011 BTFA Half Marathon Male and Female Champions yesterday morning [Nov.27] Kigotho crossed the line clocking a time of 1:22:41, while Simon Ashby finished second clocking 1:23:59 and Giuseppe Guglielmucci finished 3rd in a time of 1:31:03. Breary finished 5th overall with a time of 1:33:51, with Sharlene Sousa... Read more of this article

Day #2: Inwood Hunter Jumper Results

The second day of the Inwood Hunter Jumper Show took place at the National Equestrian Center on Vesey Street yesterday [Nov.28]. The judge was Stacia Madden from New Jersey as well as our local jumping judge Judy Hagen and the course designer for all disciplines during the weekend was Ian Truran. Khaleb Tota and Hey Dude won the Horse Jumping FEI Art... Read more of this article

‘Bermuda’ Book’s Local Launch Party

The official local launch of the new photography book “Bermuda” — which paints an intimate portrait of the island, its people and its culture — will be held next Monday [Dec. 5] at the Coral Beach Club. Bermuda architect Georgia Crowe Benevides and her her photographer/writer friend Kathryn M. Deane — a life-long visitor... Read more of this article

Photos & Results: Karting Club Racing

Things heated up at the Southside Motor Sports Park as drivers took to the Race Track for Bermuda Karting Association Racing yesterday afternoon [Nov.28]. Young Amber Lopes won two of the three races in the Junior In-Clone 12 – 15 Year Old Class racing, with Al Seymour Jr. winning the other. Ryan Lopes won two of the three Junior In-Clone 7 – 12... Read more of this article

Chewstick: New Ricki Lake Childbirth Film

As part of Chewstick’s BlockDocs movie nights, the Doulas of Bermuda are proud to present a screening of “Down on The Farm: Conversations with Legendary Midwife Ina May Gaskin.” The film will be screened on Thursday [Dec. 1] at 6.30pm at Chewstick’s Neo-Griot Lounge & Cafe’ on the corner of Court and Elliot Streets This documentary... Read more of this article

Former Premier Encourages Jamaica Students

Former Bermuda Premier Dr Ewart Brown presented the keynote address at the prize-giving of his alma mater, St. Jago High School in Spanish Town, Jamaica this past weekend [Nov.24]. Dr. Brown reminded the students that they should heed the words of his aunt with whom he lived in Spanish Town. He recalled: “She told me, when I began to critique... Read more of this article

Analysts Issue Frontline Research Notes

Bermuda’s Frontline – which announced last week it would seek new funding to help the company through an industry-wide slump — had its stock’s “hold” rating reaffirmed by equities research analysts at Jefferies in a research note issued to investors on Wednesday [Nov. 23]. Separately, analysts at Evercore Partners cut... Read more of this article

Catalina Appoints Kauer To Glacier Roles

Bermuda’s Catalina Holdings Ltd. has appointed Martin Kauer to the joint roles of Chief Financial Officer and Chief Operating Officer [CFO/COO] of Glacier Re, its Swiss-based reinsurance company in run-off, which it acquired this year. Mr. Kauer has more than 25 years of experience as CFO/COO in the financial services industry and as an investment... Read more of this article