Author Archive: Bernews1

Police Report: 12 DUI Arrests Last Week

The Bermuda Police Service reported that during the week of Monday, January 24th – Monday, January 31st 2011 there were 38 accidents, with 10 resulting in injury. In addition there were 12 people arrested on suspicion of impaired driving. During the same week nine vehicles were reported stolen; 1 each in Hamilton parish, Pembroke, Paget, Devonshire;... Read more of this article

Bacardi Donates To Flood Relief

In response to the devastating floods in Australia and Brazil, Bermuda headquartered Bacardi Ltd. has donated $100,000 for immediate relief to aid victims in these countries. Bacardi donated $50,000 to the Premier’s Disaster Relief Appeal fund to provide immediate emergency relief supplies and to aid recovery efforts after the Queensland floods... Read more of this article

Cinema Museum’s Earl Cameron Tribute

London’s Cinema Museum will pay special tribute to Bermudian actor Earl Cameron when the “Thunderball” and “Inception” star appears there in April to discuss his barrier-breaking career. Britain’s first prominent black film actor, Mr.Earl Cameron — who left Bermuda for the UK shortly before the outbreak of World... Read more of this article

Argo Financial Now A Lloyd’s Consortium

Nexus Underwriting Management Ltd. has converted Argo Financial Products Ltd. into a consortium at Lloyd’s of London called Nexus Financial Products. Partners in the consortium are professional liability and medical malpractice syndicate 2526, which is managed by A.G. Doré & Others, and property engineering and marine syndicate 5151, which is... Read more of this article

Bermudian Umpires Get Top Exam Marks

Three Bermudian cricket umpires passed their 2010 WICUA Exams with top marks, with James McKirdy receiving a score of 99%, Oscar Andrade passing with a score of 95% and Sean ‘Bobby’ Smith receiving 90%. Mr. Reginald Pearman, President of the Bermuda Cricket Board stated, “On behalf of the BCB I would like to congratulate James McKirdy... Read more of this article

Cyclone Threatens Huge New Losses

Analysts fear Tropical Cyclone Yasi — now bearing down on flood-ravaged Queensland — could add another $1.6 billion to the multi-billion dollar bill insurers and their Bermuda reinsurers already face in damage claims in the Australian state. Losses experienced by Australia’s leading insurers from recent catastrophic floods have... Read more of this article

Weekend Hockey League Report

[Weekend hockey report from Jan 29/30, written by Kaywell Outerbridge] Women’s A League: Budgies A vs Wildcats A, Final score: 2-3 The Budgies dominated the opening 20 minutes but were held at bay by some great goalkeeping by Anti Williams of the Wildcats. The relentless pressure by the Budgies eventually paid off when Lakae Dill scored a field... Read more of this article

Czech Officials on Island for TIEA Talks

The Premier and Minister of Finance Paula Cox announced today [Feb 1] that Bermuda and the Czech Republic treaty negotiating teams met this week in Bermuda to complete negotiations on the text of a bilateral agreement on Exchange of Information on tax matters [TIEA]. The text of the TIEA now has to be approved by the respective Ministers of Finance... Read more of this article

Tannock Inducted into Business Hall of Fame

Patrick D. Tannock has become the first Bermudian to be inducted into the Hall of Fame at the University of Hartford’s Barney School of Business. Mr Tannock, President of XL Insurance (Bermuda) Ltd [XLIB], was selected from more than 18,000 alumni of the Barney School of Business. In addition to being a graduate of the school, the criteria for this... Read more of this article

Free Training & Summer Job Placement

The Bermuda Hospitality Institute [BHI] is launching a program which will offer free training for 20 high school students, with the participants guaranteed a full-time summer job in the Island’s hospitality industry upon successful completion. The program launches March 2011, and is timed for participants to complete prior to school ending in June,... Read more of this article

Assault Victim Declines to Make Complaint

A 47 year old man declined to make a formal complaint last night [Jan 31] after an incident which saw him taken to the hospital via ambulance after being assaulted by multiple assailants in the North Street, Pembroke area. A Police spokesman said: “Around 11:30pm on Monday, Police and first responders attended a reported assault on North Street... Read more of this article

Knightsbridge Shares Rise on Suez Crisis Fears

Shares of Bermuda-managed Knightsbridge Tankers Limited hit a new 52-week high today [Feb. 1] amid continuing concerns supertanker traffic could be disrupted in Egypt’s Suez Canal. The stock traded as high as $24.85 during mid-day trading on the New York Stock Exchange. The stock previously closed at $24.01. Knightsbridge Tankers Limited is engaged... Read more of this article