Author Archive: Bernews1

National Trust Talk On Bermuda Quarrying

A Bermuda historian once summed up the island’s quarrying tradition as well as anyone when he said “it is a great advantage when you can dig your house out of your own backyard.” And last Sunday [Apr. 27] the Bermuda National Trust hosted an open air “Trust Talk” at the new Vesey Nature Reserve in Southampton on the subject... Read more of this article

AXIS Capital Declares Quarterly Dividend

AXIS Capital Holdings Limited has declared a quarterly dividend of $0.25 per common share. The common dividend will be payable on July 15, 2013 to the shareholders of record at the close of business on June 28, 2013. In addition, the Board declared a dividend of $0.453125 per Series A 7.25% Preferred Share, a dividend of $1.875 per Series B 7.50% Preferred... Read more of this article

Fitch Affirms AXIS Ratings: Stable Outlook

Fitch Ratings affirmed ’A’ Issuer Default Rating [IDR] and ‘A-’ senior debt rating of Bermuda-based AXIS Capital Holdings, Ltd. Additionally, Fitch has affirmed the ‘A+’ Insurer Financial Strength (IFS) ratings of AXIS Capital’s operating subsidiaries. The Rating Outlook is Stable. The ratings agency said,... Read more of this article

Nova Offering Free SharePoint Training Session

Local software development company Nova Limited is offering either a free SharePoint training session or SharePoint Roadmap workshop to help local businesses get the most of their investment in the technology. Nova offers a range of SharePoint services but sees significant importance in the training and planning side of any engagement which is why they’ve... Read more of this article

Minister Moniz: “Confident” Dock Will Be Ready

The Minister of Public Works Trevor Moniz said that Heritage Wharf work is are proceeding well despite early setbacks ans they are “confident” that we will be ready for the Norwegian Breakaway to dock at Heritage Wharf on May 15th. The $22.36 million project is scheduled to be completed in time for the arrival of the 4,000-passenger Norwegian... Read more of this article

Photos/Video: Pastors Launch “Bermuda Prays”

[Updated with photos] Pastors from St. Georges to Somerset are uniting around an initiative called “Bermuda Prays” and have planned various events this month to call the nation to seek God as the answer to our national problems. A statement from the group said, “As our nation faces some dire issues – economic and social [i.e. gang violence,... Read more of this article

Photos: Warwick Academy International Day

Warwick Academy Senior School students celebrated International Day last week, which is designed to help the students learn about different countries and their various cultures. Classes took turns rotating among the different cultural learning areas set up throughout the school. Video of students’ activities & Head of Languages Teacher Abena... Read more of this article

PaddleBoarders To Raise Funds In End-to-End

A group of paddleboarders will be taking part in tomorrow’s [May 3] Catlin End-To-End Event, joining walkers, cyclists and swimmers in raising money for Bermuda charities. Around 10-15 people are expected to take part and the course will be decided this evening [May 3], with the route to be posted on the Island Winds Bermuda and Bermuda Standup... Read more of this article

LOM’s 2012 Financial Results: “Difficult Times”

LOM [Holdings] Limited — an international financial services company which offers a complete range of investment services and products through its subsidiaries based in Bermuda, the Bahamas, and the UK — today [May 3] announced the financial results to fiscal year end 31 December, 2012. In a letter to shareholders, chief executive officer... Read more of this article

Photos/Video: Clyde Best Centre Of Excellence

Yesterday [May 2] the Bermuda Football Association held a ground breaking ceremony for the planned Clyde Best Centre of Excellence at the BFA field in Devonshire. The Centre is named after Bermuda’s own Clyde Best, a world class athlete who helped pave the way for the black footballers of today. One of the first black players of the modern era... Read more of this article

TBi Now Offering Residential Internet Service

TBi is now offering residential internet service starting from $49.95 per month for 4MB, with the service available effective today [May 3]. TBi CEO Gregory Swan said, “We are excited to be able to launch what we believe is a great product for Bermuda. Obviously the price point is attractive, and also included with that is complimentary wifi... Read more of this article

Legendary Sports Photographer’s Show Opens

Yesterday [May 2] saw American iconic sports photographer Neil Leifer displaying some of his most famous images — including heavyweight world champ boxer Mohammad Ali knocking out Sonny Liston and, “The Miracle on Ice”-US Hockey Team winning the Olympic Gold Medal — at the Masterworks Museum. . The new Bermuda exhibit also features... Read more of this article