Author Archive: Bernews1

BTA: Experiences Investment Date Pushed Back

The notification date for successful applications in the Tourism Experiences Investment process has been pushed back one week from November 28, 2014 to December 5, 2014, the Bermuda Tourism Authority announced today. The new date aligns with a one-week deadline extension given to applicants in October as a result of Tropical Storm Fay and Hurricane... Read more of this article

33 Year Old Denies Uttering Threatening Words

Appearing in Magistrates Court today [Nov 27], a 33-year-old man denied using threatening words to another man in October. Shomari Virgil pleaded not guilty to using threatening words in Hamilton Parish, on 26 October with the Court hearing he allegedly told another man: “Hey, you better stay away from my girl. I should f— you up. I can... Read more of this article

Fitch: RenRe Deal Could Spark Further M&A

RenaissanceRe’s agreement to acquire Platinum Underwriters Holdings could spur merger and acquisition activity among reinsurers, Fitch Ratings says. RenaissanceRe recently announced it will acquire Platinum in a deal worth approximately $1.9 billion, with the transaction between the two Bermuda-based re/insurers expected to close in the first... Read more of this article

Line Begins Outside Digicel On Church Street

People have already started lining up in order to take advantage of tomorrow’s Black Friday sales, with two shoppers securing their place in line this morning [Nov 27] in order to be the first at the door when Digicel’s Church Street location opens at 4.00am tomorrow. Digicel will be matched in their 4.00am opening time by Annex Toys, Brown... Read more of this article

2014 Black Friday Sales, Store Opening Hours

[Updated] A slew of the island’s retailers are gearing up to offer deeply discounted rates for Black Friday, an American shopping tradition which has gained popularity in Bermuda in recent years. We will update this article throughout the day with additional information, and if you would like your store listed, please email your opening hours and/or... Read more of this article

Lloyd Fray Re-Elected: Cricket Board President

The Bermuda Cricket Board confirmed the results and decisions of their AGM held at Charities House this evening [Nov 26], saying that Lloyd Fray was re-elected as President, while Gershon Gibbons was elected as Treasurer. They will hold office until the AGM of 2017. In addition, the following Club Representatives will hold office until the AGM of 2015:... Read more of this article

Situation At Warwick School, No Serious Injuries

[Updated with statements + photos] The police said there was an explosion this morning [Nov 26] at the Warwick Academy science department, with one student receiving minor injuries. A police spokesperson said, “At 10:30am police and other first responders received a report of explosion at the Science Department of Warwick Academy School. As... Read more of this article

2000lb Great White Shark Passes By Again

Lydia — a 2000lb 14ft 6in great white shark — recently passed in the vicinity of Bermuda, according to a tracking system run by the non-profit organization ocean research group OCEARCH. Lydia, who has passed by Bermuda’s waters before, traveled from the east coast of the USA, making her way to the general outskirts of Bermuda’s... Read more of this article

PLP Calls For Delay Of New Work Permit Policy

[Updated] Shadow Minister for Immigration, Walton Brown, is today calling on Minister Michael Fahy to delay the December 1 start date for the new work permit policy. Mr. Brown said, “We are making this call so that a number of issues can be addressed to ensure Bermudians have genuine opportunities for jobs. In its current state, this new policy will... Read more of this article

Video: Police Offer Holiday Shopping, Safety Tips

[Updated] The Bermuda Police Service held a press conference today [Nov 26] to provide safety and shopping tips for the upcoming holiday season and Black Friday sales. Acting Superintendent Calvin Smith said, “Today we are here to bring your attention to holiday shopping safety tips. As of tomorrow, Thursday November 27th, the Thanksgiving holiday... Read more of this article

Bermuda To Feature On “House Hunters” Show

Bermuda will be featured on the House Hunters International television show airing this week, following the real estate ventures of two Canadians who moved to the island. House Hunters International, a spin-off from House Hunters, airs on HGTV, which shows on CableVision channel 46 and WOW channel 207. The official episode description said, “Canadians... Read more of this article

Platinum & RenRe Ratings Placed Under Review

Following the announcement that RenaissanceRe will purchase Platinum Underwriters, A.M. Best has placed RenaissanceRe under review with “negative implications,” and placed Platinum under review with “developing implications.” The aggregate consideration for the transaction between the two Bermuda-based re/insurers is $1.9 billion,... Read more of this article