Author Archive: Bernews1

Tucker & Bather Help Darton Win

An article in the Albany Herald highlighted Bermudian footballers Troy Tucker and Jaylon Bather, who helped their school win a soocer championship. The article starts by saying, “Darton freshman Troy Tucker had scored only two goals all season coming into Sunday’s Region XVII Championship game. But No. 3 sure was a big one.” “Tucker... Read more of this article

Bermuda Firm’s Ties To DC Ethics Scandal

The outgoing Nabors Industries CEO became a lavish donor to causes supported by New York Congressman Charles Rangel after the Democratic legislator “protected” a corporate tax loophole allowing the oil driller to remain a Bermuda company, a leading US pollster and political commentator is reporting. Scott Rasmussen’s “Rasmussen... Read more of this article

Alterra Merges Irish Companies

Bermuda based Alterra Capital Holdings Limited today [Nov.1] announced the merger of its Irish underwriting companies, Alterra Europe plc (“Alterra Europe”) and Alterra Reinsurance Europe plc. Alterra Europe, the surviving entity, will underwrite business from its head office in Dublin, as well as from its branch offices in London and Zurich. W.... Read more of this article

Photos/Video: 2011 MSA Halloween Parade

Double, double toil and trouble, fires burned and cauldrons bubbled at a Hamilton school yesterday — but all in the name of holiday fun [Oct.31]. Dozens of young witches, goblins, princesses and fairies brought smiles to the faces of young and old alike as they paraded at Mount Saint Agnes Academy, keeping alive a longtime Halloween tradition. Costumed... Read more of this article

Team Tuned Motorcycle Racing Review

Team Tuned Motorcycle Racing’s Youth Development Program has completed its fifth consecutive season in Bermuda’s local motorcycle racing championship organized by the Bermuda Motorcycle Racing Club. A statement issued by Team Tuned said, “The dedication shown by both the program’s participants and its sponsors has enabled the... Read more of this article

OneBeacon Unveils New Physicians Policy

OneBeacon Professional Insurance, a member of Bermuda-domiciled OneBeacon Insurance Group, today [Nov. 1] announced that it is expanding its health care offerings to include a stand-alone extended reporting period [ERP] policy for physicians who require claims-made professional liability coverage due to changing employment status or moving from one... Read more of this article

Lancashire Insurance Promotes Fascione

Lancashire Holdings has promoted Simon Fascione to be chief underwriting officer of the company’s Bermuda operation, Lancashire Insurance Company [LICL]. Mr. Fascione has played an instrumental role in the development of LICL’s reinsurance business, and more recently in the launch of Accordion Reinsurance, Lancashire group’s fully... Read more of this article

Analysts Downgrade Endurance Speciality

Bermuda’s Endurance Specialty Holdings was downgraded today [Nov.1] by equities research analysts at Zacks Investment Research from a “neutral” rating to an “underperform” rating in a research note issued to investors. Endurance Specialty Holdings Ltd. is a holding company. Through its operating subsidiaries based in Bermuda, the United... Read more of this article

Bermudian Named Top Aussie Entrepreneur

Transplanted Bermudian Will Young — who took the poet’s advice to heart and is measuring out his life and career in coffee spoons — has been named as one of Australia’s leading entrepreneurs by communications giant Nokia. His Campos Coffee, a now-legendary cafe Mr. Young opened nine years ago, draws connoisseur crowds from all over... Read more of this article

Second Screening For “The Interrupters”

A second screening has been added for “The Interrupters”, an award-winning film about the crime prevention programme, CeaseFire Chicago. The film will screen on Saturday [Nov. 5] at 6 p.m. in the Tradewinds Auditorium of the Bermuda Underwater Exploration Institute. It screened to a sold-out audience at the Bermuda Documentary Film Festival... Read more of this article

Zacks Reaffirms Everest’s Neutral Rating

Bermuda’s Everest Re Groups stock had its “neutral” rating reaffirmed by equities research analysts at Zacks Investment Research in a research note issued to investors on Monday [Oct. 31]. The analysts currently have a $95.00 price target on the stock. Zacks’ analyst wrote, “Everest Re’s third quarter 2011 earnings came substantially... Read more of this article

College Addresses The Education Gender Gap

The Bermuda College is pondering the gender gap in local education with an art show and student forum this week. With Bermudian females continuing to far outpace males when it comes to pursuing higher education, the Bermuda College Art Gallery concludes its series of fall 2011 art exhibitions with an opening this Thursday [Nov. 3] of an exhibition entitled:... Read more of this article