Author Archive: Bernews1

Thunderstorm Advisory In Effect For Good Friday

[Updated] Good Friday has started off with cold, windy and sometimes wet conditions, and the Bermuda Weather Service issued a Thunderstorm Advisory valid from this morning [Mar 29] through tonight. However some people are braving the weather conditions and making their way to various Good Friday events being held around the island. Horseshoe Bay, where... Read more of this article

Bermuda On Show At 1924 London Exhibition

The British Empire Exhibition which opened in 1924 in north London was a huge trade and travel spectacle which included such attractions as an amusement park, a stadium for mass entertainments — and a full-scale reproduction of the Bermuda house “Walsingham”, now the site of Tom Moore’s Tavern. The idea of a great exhibition... Read more of this article

44-Yr-Old Man Being Treated For Head Injuries

[Updated] A motorcyclist was taken to hospital via ambulance at approximately 10.45am this morning [Mar 29] after a collision which appeared to involve a motorcycle and car in South Shore Road near The Reefs Hotel. The police presently have the road blocked off while they investigate the scene. Update 12.26pm: The motorcyclist, a 44-year-old man, is... Read more of this article

Mark Twain: “Our Friends The Bermudians”

Along with such works as Marco Polo’s account of his journey to China, Mark Twain’s “Innocents Abroad” — among the first publications to introduce Bermuda to Americans as a holiday destination — has been named as one of the top travel books ever written by a Smithsonian Institution writer. “Smithsonian Magazine”... Read more of this article

Results: Second Spring Seniors Bowling League

Second Spring Seniors Bowling League action continued on Wednesday [Mar 27] at the Warwick Bowl with Tigers going down 1 – 3 to the Pinsplitters. Old ‘n Kickin lost their game with Blue Angels 1 – 3 while New Comers defeated Go Get It 3 – 1. Drifters shut out Last Pin in their 4 – 0 match up and Last Minutes went down 0... Read more of this article

Study: $77 Billion In Total Insured Claims In 2012

Swiss Re’s latest study reveals that natural catastrophes and man-made disasters in 2012 caused economic losses of USD $186 billion with approximately 14, 000 lives lost. Large scale weather events in the US pushed the total insured claims for the year to USD 77 billion, which is the third most expensive year on record. This amount is still significantly... Read more of this article

Bermuda And The “Challenger” Expedition

It was one of the greatest voyages of scientific discovery undertaken in the 19th century — and the two visits of HMS “Challenger” to Bermuda between April and June, 1873 are commemorated in the name of the shoal which lies southwest of the island, subsequently known as Challenger Bank. The “Challenger” expedition of 1872–76... Read more of this article

AXIS To Release First Quarter Results

Bermuda-based AXIS Capital Holdings Limited today [Mar. 29] announced that it expects to release financial results for the first quarter ended March 31, 2013 on Thursday, April 25, 2013, after the close of the financial markets. Albert Benchimol, CEO and President, and Joseph C. Henry, CFO, will host an investor teleconference, including a question... Read more of this article

10% Duty Increase For Cigarettes & Alcohol

Effective 1st April 2013, the Customs Tariff Amendment Act 2013 will usher in an across the board 10% increase in the import duty rate for cigarettes and alcoholic beverages. In the 2013 -14 Budget in February, Government said, “The duty on cigarettes and tobacco and beer, wines and other spirits will be raised in April 2013 to achieve additional... Read more of this article

Standard & Poor’s Lowers Outlook On Bermuda

[Updated] Ratings agency Standard & Poor’s [S&P] has lowered its outlook on Bermuda from stable to negative and affirmed its ‘AA-/A-1+’ long- and short-term issuer credit ratings [ICR] on the island. “In our view, Bermuda is experiencing a prolonged economic downturn; deteriorating fiscal performance; and deteriorating loan... Read more of this article

33-Yr-Old Man Arrested, Firearm Recovered

Yesterday [Mar 27] a a 33-year-old Hamilton Parish man was arrested in connection with the seizure of a firearm and a quantity of ammunition. A police spokesperson said, “On Wednesday, March 27th 2013 a 33 year old Hamilton Parish man was arrested in connection with the seizure of a firearm and a quantity of ammunition. The suspect remains in... Read more of this article

PLP Question Premier On Minister’s Salaries

In response to remarks given earlier today [Mar 28] by Premier Craig Cannonier, the PLP said the Premier “once again missed a chance to speak honestly to the Bermudian people.” “When asked about Ministerial paycuts, the Premier again told Bermuda that it was “not possible” to make them effective immediately, so they couldn’t... Read more of this article