Author Archive: Bernews1

XL Group Announce First Quarter 2014 Results

XL Group reported its first quarter 2014 results, posting a net income of $255.7 million, or $0.91 per share, for the quarter on a fully diluted basis. Commenting on the Company’s performance, Chief Executive Officer Mike McGavick said: “In the first quarter of 2014, XL produced one of the best quarters since the end of 2008. “These results... Read more of this article

Female Student Arrested After Alleged Assault

Yesterday [May 1] police officers responded to an incident at the Berkeley Institute High School, with the situation alleged to have involved an assault of a teacher[s] by a student. A police spokesperson confirmed that the police responded to an incident at the school reported to have involved an assault of a teacher[s] by a student, and also confirmed... Read more of this article

Allied World Approve 35% Dividend Increase

Allied World Assurance Company Holdings, AG confirmed that its shareholders approved the following proposals at the Annual Shareholder Meeting: An annual dividend increase of 35%, from $2.00 per share to $2.70 per share (pre-split). The new $2.70 dividend amount is on a pre-split basis and the annual amount after the stock split takes place will be... Read more of this article

Video: CARIFTA Athletes Receive Certificates

Minister of Community, Culture and Sports Wayne Scott met with the 2014 CARIFTA athletes today [May 1], and presented them with certificates and congratulated them for their outstanding performances in Aruba and Martinique. Minister Scott said, “On behalf of the Ministry of Community, Culture and Sports and the Department of Youth, Sport and Recreation,... Read more of this article

Census Pre-Test To Be Available Online

The Department of Statistics is advising that in anticipation of the 2015 Census, they will be conducting a Census pre-test from May 20th – October 8th, 2014, and for the first time households will have the option of completing the questionnaire online “However, the e-Census or the online first phase of the pre-test will be conducted from May... Read more of this article

Man Denies Murder Of Garry ‘Fingas’ Cann

In this morning’s [May 1] Supreme Court Monthly Arraignment Session, Jermaine Simmons, 38, pleaded not guilty to the premeditated murder of Garry “Fingas” Cann on 15th December 2009 and to using a firearm to commit an indictable offence on the same date. The Crown indicated that they intend to join this case with the case against Zikai Cann, who... Read more of this article

Eight People Deny Cannabis Importation Charge

Eight people appeared in the Supreme Court Monthly Arraignment Session today [May 1] where they denied conspiracy to import cannabis said to be worth some $5.9 million. Iman Gibbons, Corte Gibbons, Shannon Trott, Damon Edwards, Brian Anderson, Dina Tucker, John Bernell Jefferies, and Darrin Virgil had all been charged back in August 2013. At that time... Read more of this article

CellOne Announce New Roaming ‘Travel Pass’

CellOne announced today its customers can now take advantage of lower roaming rates while travelling to Canada, the UK and Ireland in addition to the US. With the new ‘Travel Pass’ customers can subscribe to the $25 monthly plan for travel in any of the four locations. Usage rates are as low as 25 cents per minute for voice and 35 cents per megabyte... Read more of this article

BHB Celebrate International Day Of The Midwife

Midwives from the maternity unit at King Edward VII Memorial Hospital will join a worldwide campaign marking International Day of the Midwife for the first time this year. The global theme, “Midwives changing the world one family at a time” reflects the role midwives play in providing care that saves the lives of mothers and babies. Celebrated... Read more of this article

Local Companies Named: Grand Atlantic Project

OBMI and Coldwell Banker Bermuda Realty have been named as the local companies that will work with international firm MacLellan and Associates to assist in the repurposing of the Grand Atlantic development into a new tourism product to be known as the “Bermudiana Beach Resort”. A statement from Government said, “OBMI is a global leader in... Read more of this article

Keith Bernhard Joins Hamilton Insurance Group

Hamilton Insurance Group today announced that Keith Bernhard has joined the organisation as Head of Internal Audit. In this newly-created position, Mr. Bernhard is responsible for developing and executing a risk-based internal audit plan for Hamilton Insurance Group and its subsidiaries. He will also lead the organisation’s Sarbanes-Oxley compliance... Read more of this article

Live Blog: People’s Campaign March Underway

[Updated] The “People’s Campaign for Equality, Jobs and Justice” March & Rally is getting underway today [May 1], with people gathering at Victoria Park. The Campaign was launched last month, with flyer being passed out at the launch saying, “The People’s Campaign for Equality, Jobs, and Justice is a coalition of concerned people of goodwill... Read more of this article