Author Archive: Bernews1

Thanksgiving NFL Football At Fairmont

For one day only, The Jasmine Lounge will be transformed into a ‘sports bar’ to join in the Thanksgiving tradition of afternoon football. “We are pleased to offer guests and locals alike, the opportunity to mark the Thanksgiving holiday American style, with an afternoon of delicious snacks, icy cold beverages and the NFL on the big screen,”... Read more of this article

New Bermuda Catastrophe Bond Launched

Bermuda based Dunamis Holdings Ltd. today [Nov. 17] announced the launch of Kalista, a cost-effective and efficient catastrophe bond issuance platform. The Kalista product is a result of the combined efforts of Limestone Law, a recognised Bermuda law firm, the Bermuda Stock Exchange and a partner reinsurance company. Kalista is an innovative product... Read more of this article

Fitch: Bermuda’s Clean Bill Of Fiscal Health

[Updated] Bermuda’s finances received a guardedly clean bill of health from one of the world’s top ratings agencies today [Nov. 17]. Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) and Country Ceiling for Bermuda as follows: Foreign currency IDR at ‘AA+’; Local currency IDR at ‘AAA’; Foreign currency... Read more of this article

Black Hyundai Car Reported Stolen

Earlier today [Nov.17] the police received a report of a stolen car, which appears to have been taken four days ago from outside a Devonshire residence A police spokesperson said, “On Thursday November 17th, Police received a report of a vehicle taken without its owner’s consent.” “It appears that between 1:30am and 5:10am on Sunday... Read more of this article

Royal Wedding Singers Performing Here

Acts associated with President Barack Obama’s historic inauguration, the Royal wedding, and even “Forrest Gump” are among the performances in the 2012 line-up of the Bermuda Festival of the Performing Arts. Ticket sales for the 37th festival will begin at 10 am on Monday, November 21. The Festival runs from January 17, 2012 – February... Read more of this article

Men Charged: ‘Loitering’ At Bus Stop

Two Sandy’s Parish residents, Burnell Cross and Edward Simons, appeared together in this morning’s [Nov.17] Plea Court. Both men, who had been held in overnight custody, were charged with the offence of loitering, which was said to have occurred at a bus stop layby yesterday [Nov.16]. Both men pleaded not guilty to the charge as read. Senior Magistrate... Read more of this article

Cisco Academy To Open Next Year

Government anticipates a Bermuda Cisco Academy dedicated to training young Bermudians in Information Technology will open no later than next year. In a briefing today [Nov. 17], Information Services Minister Michael Scott said the island was actively pursuing the idea of establishing a Cisco Networking Academy in Bermuda, a global education initiative... Read more of this article

Upcoming: 2011 Recycle Mania Week

The Department of Waste Management within the Ministry of Public Works has announced details of the 2011 Recycle Mania Week. Minister of Public Works Walter Roban said: “Recycling is an important part of creating a sustainable future as well as ensuring the incinerator operates at maximum efficiency. “If recyclables such as glass and metal are... Read more of this article

77 Entries So Far: Christmas Boat Parade

It’s not too late to enter your boat in one of the most spectacular events of the holiday season. The Christmas Boat Parade will set sail from the Royal Bermuda Yacht Club at 6:30 pm on Saturday December 10th. Seventy seven boats have already registered but organisers say that there is space for additional boats and are encouraging interested boat... Read more of this article

Board Approves OneBeacon Dividend

At its regular meeting held on November 16, 2011, the OneBeacon Insurance Group, Ltd. board of directors declared a $0.21 per share quarterly dividend, payable in cash on December 30, 2011, to holders of record of common shares as of the close of business on December 16, 2011. OneBeacon Insurance Group, Ltd. is a Bermuda-domiciled holding company that... Read more of this article

Wingate Recalls Historic Cahow Expedition

Bermuda made ornithological history — and front page news around the world — in 1951 when 18 breeding pairs of Cahows were discovered by an expedition led by American biologist Robert Cushman and Bermuda Museum, Aquarium & Zoo curator Louis Mowbray. A Bermudian schoolboy — 15-year-old David Wingate — accompanied the team... Read more of this article