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Peak Re Complete Lutece Holdings Acquisition

Peak Re Complete Lutece Holdings Acquisition

Peak Reinsurance Company Limited today [May 5] announced that it has completed the 100% acquisition of the capital of Lutece Holdings Ltd. A spokesperson said, “Peak Reinsurance Company Limited, a Hong Kong-based global reinsurer, today announced that it has completed the 100% acquisition of the capital of Lutece Holdings Ltd. [renamed as Peak... Read more of this article

BILTIR Board Cancels 2020 Conference

BILTIR Board Cancels 2020 Conference

The Board of the Bermuda International Long Term Insurers & Reinsurers [BILTIR] has canceled the 2020 Bermuda International Life & Annity Conference due to the ongoing Covid-19 pandemic. A spokesperson said, “The Board of the Bermuda International Long Term Insurers and Reinsurers has made the very difficult decision to cancel its 2020... Read more of this article

BPO’s Front Counter Services Resume Today

BPO’s Front Counter Services Resume Today

The Minister for the Cabinet Office, Wayne Furbert advised that the Bermuda Post Office’s [BPO] front counter services will resume today, May 5. Minister Furbert said, “I want to take this opportunity to thank all our postal staff for their service during this time. They have worked to ensure that critical local mail was delivered around the island... Read more of this article

Open Airways Medication Assistance Fund

Open Airways Medication Assistance Fund

In celebration of the World Asthma Day, Open Airways launched the Medication Assistance Fund, which is aimed at providing financial assistance to anyone with asthma or COPD who is experiencing economic hardship during the Covid-19 pandemic so that they will be able to purchase their prescribed inhalers to control their asthma or COPD. A spokesperson... Read more of this article

Column: Socioeconomic Impacts On Health Care

Column: Socioeconomic Impacts On Health Care

[Column written by Dr. Annabel Fountain] In the Journal of the American Medical Association last week, Dr. Clyde Lancy reported that in Chicago, more than 50% of COVID-19 cases and nearly 70% of COVID-19 deaths involve black individuals. This is particularly notable because black people make up only 30% of the population there. This pattern is repeated... Read more of this article

Tennis: Courtland Boyle Named Bantam Of Week

Tennis: Courtland Boyle Named Bantam Of Week

Courtland Boyle has been selected as one of the Bantam of the Week, Trinity Athletics created the Bantams of the Week award to spotlight two outstanding student-athletes who have performed at an extremely high level while representing the Bantams in varsity sporting competition. The school’s announcement said, “The 25th Bantam of the Week of 2019-20... Read more of this article

Video: May 5th Bernews Morning Newsflash

Video: May 5th Bernews Morning Newsflash

115 confirmed Covid-19 cases in Bermuda, Fairmont Southampton provides free meals for soldiers, ‘Covid Candles’ fundraiser assists charities, phased resumption of services at Immigration Department, protocols for entering Government buildings, Arch Capital Group pledges $1 million for global Covid-19 relief, BPO’s front counter services will... Read more of this article

Butterfield: Share Repurchases For April 2020

Butterfield: Share Repurchases For April 2020

In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of April 2020, the Bank purchased for Treasury 525,000 Common Shares at an average price of $ 18.33 per share. Related Stories Butterfield Announce Leadership Appointments Butterfield Senior Management Appointments Butterfield... Read more of this article

Bermuda Stock Exchange Report: May 4 2020

Bermuda Stock Exchange Report: May 4 2020

May 4 saw 2,500 shares trade on the Bermuda Stock Exchange, valued at $75,625.00 BD. 2,500 shares were traded by Ascendant Group Limited, closing up 0.8% at $30.25 per share. The BSX finished at 1,653.79, up 0.15% on the day. There was 1 advance, 0 declines, and 59 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article

30 Minute Video: May 4 ZBM Evening News

30 Minute Video: May 4 ZBM Evening News

With an aim to expand the way they deliver their news to the community, the Bermuda Broadcasting Company is continuing to live stream their evening news programme online for viewers both on the island and abroad. The live video will begin at 7.00pm, and play to 7.30pm, and then the replay will be available: Related Stories 30 Minute Video: Dec 30... Read more of this article

Weather Forecast For Tuesday May 5

Weather Forecast For Tuesday May 5

Tuesday, May 5 is expected to see sunny skies, with the high to be near 22°C/72°F and the low to be near 18°C/65°F, according to the Bermuda Weather Service. Winds are expected to be WNW. The relative humidity is expected to be near 68%. Sunrise will be at 6.28am and sunset will be at 8.03pm. High tide will be at 7.26am and 7.53pm, while low tide... Read more of this article

Official Govt & Legal Notices For May 4 2020

Official Govt & Legal Notices For May 4 2020

The official Government and Legal notices for today [May 4] include notice of appointment of liquidator. Lighthouse Insurance Company Limited – In Liquidation Notice Type: Legal Notice Notice Sub Type: Notice of appointment of Liquidator Notice ID: LN0169/2020 Public Authorities / Department: Registrar of Companies Publication date: 04 May... Read more of this article