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Premier & Arch CEO To Speak At Risk Summit
A keynote conversation between Premier David Burt and Marc Grandisson, CEO, Arch Capital Group Ltd. [Arch] will kick off the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency [BDA], in partnership with the Association of Bermuda Insurers and Reinsurers [ABIR] and EY. In 2021, Arch celebrated its 20th anniversary as a Bermuda... Read more of this article
Govt: Brookfield Project Is A ‘Major Investment’
“The development of Brookfield Place is a real and tangible demonstration of the significant confidence that investors have in Bermuda as a premier business centre,” said the Minister for the Cabinet Office, Vance Campbell “following the Brookfield Place planning approval decision.” A Government spokesperson said, “The... Read more of this article
BTA: ‘Excited To Partner With Both Organisations’
“We were excited to partner with both organisations to showcase Bermuda’s national pride and introduce our Carnival to international guests, including Bermudians,” the BTA said regarding the upcoming Ubersoca Cruise. The Ubersoca Cruise — which is billed as the “world’s largest Soca festival at sea” —... Read more of this article
Furniture Giveaway Cancelled At Last Minute
[Updated] Crowds of people were left disappointed today [Jan 23] after the furniture giveaway at the Fairmont Southampton was cancelled at the last minute. In advance of the previously announced starting time, there were large crowds of people at the property and at the door, and cars were lined up outside the property even extending to the road. Fairmont... Read more of this article
Milan Butterfield Joins Stourbridge FC
Stourbridge FC announced that they have signed Bermudian footballer Milan Butterfield. In a post on X/Twitter, the club said, “Stourbridge FC said, “We’re pleased to have signed midfielder Kacy Milan Butterfield from Nuneaton Borough. The 25 year old lists Kidderminster Harriers, Chesterfield and Alfreton amongst his former clubs and... Read more of this article
Swainson Carving A Niche With Paintz
[Written by Stephen Wright] Bermudian entrepreneur Zea Swainson only launched her face paint and body art business in April, but she is already carving a niche for herself and winning awards. The 17-year-old set up Paintz after spotting a gap in the market and has been increasingly busy over the past six months, receiving a steady stream of bookings... Read more of this article
CariGenetics Achieves Service Lab Certification
CariGenetics has reached a significant milestone by obtaining service lab certification, “making it the first Oxford Nanopore Technologies [ONT] PromethION account in the LATAM & Caribbean region to achieve this status.” A spokesperson said, “This certification, featured on ONT’s Service Provider list, marks a transformative... Read more of this article
OpenMat Athletes Win 11 Medals In Toronto
[Written by Stephen Wright] OpenMat Bermuda will return to the island with 11 medals from the Grappling Industries Toronto Gi & No Gi Round Robin Tournament. The island’s Brazilian jiu-jitsu academy won four gold, three silver, and four bronze medals at the competition at the weekend. It was a marked improvement on their medal haul last year when... Read more of this article
Sancho Smith Breaks 600m School Record
Sancho Smith and his Clayton State University track & field teammates competed at the KMS Invitational at the CrossPlex in Birmingham, with Smith making an excellent showing for his team. He emerged victorious in the 600m run, shattering his previous school record with a time of 1:22.23, with the university’s report noting that the “time... Read more of this article
Fitch Ratings Statement On Bermuda Re/Insurers
“Bermuda [re]insurers’ underwriting profitability is likely peaking at current levels, as price increases moderate and loss-cost inflation persists,” Fitch Ratings says. The ratings agency said, “However, returns will continue to be favorable as market conditions remain attractive, with the negative effect of natural disasters on... Read more of this article
Video: Jan 23rd Bernews Morning Newsflash
Raheem Wray has been found not guilty of the murder of Osagi Bascome, Monetary Authority releases Business Plan, 15-year-old Raquel Sofia Sousa-Sequeira has now been located, 29 abandoned boats to be removed, Whitney students create Bermuda Fitted Dinghy, Philharmonic Society holds Student Competition and Bermuda Smash Invitational to be held in May... Read more of this article
Lombard Rebrands To Axcelus Financial
Lombard International US & Bermuda, a leading provider of private placement life insurance and annuities, announced its rebranding to Axcelus Financial. A spokesperson said, “The new name and full rebrand follows the November 2023 acquisition of the company by an affiliate of BroadRiver Asset Management L.P., a specialized asset management... Read more of this article
