Category: All
Senator Woolridge: “Very Encouraging Signs”
“In the One Bermuda Alliance, we were pleased with the results of the latest Business Confidence Survey. It contained some very, very encouraging signs,” OBA Chair Senator Lynne Woolridge said. “For example, positive GDP growth and rebounding retail sales fuelled both improved consumer confidence in the direction Bermuda is taking,... Read more of this article
Entrepreneur Networks At “Awesome” Summit
For a young Bermudian entrepreneur looking to expand his business, it doesn’t get much better than networking and getting advice at a summit that featured President Barack Obama and the leaders of some of the world’s most successful high-tech companies. “It was awesome to take part,” said Connor Burns, who attended the U.S. Government’s... Read more of this article
Video: Preview Of America’s Cup Portsmouth
The Louis Vuitton America’s Cup World Series is set to take place from July 21 to July 24 in Portsmouth, with a video preview highlighting the action to come. The video’s narrator says, “The America’s Cup returns to Europe – Portsmouth, south of England. It was precisely here 165 years ago in 1851 that the first race was... Read more of this article
‘Bermuda’s Candidacy Has Taken Step Forward’
Bermuda’s candidacy for a European “passport” to facilitate business for Bermuda-based fund managers has taken a step forward, the Bermuda Monetary Authority said. “The European Securities and Markets Authority [ESMA] announced that Bermuda had met three of the five criteria it assessed in order to issue advice on the extension of Alternative... Read more of this article
Allied World Reports Net Income Of $153.4M
Allied World Assurance Company Holdings reported net income of $153.4 million, or $1.70 per diluted share, for the second quarter of 2016, compared to net income of $9.5 million, or $0.10 per diluted share, for the second quarter of 2015. The company reported operating income of $82.7 million, or $0.91 per diluted share, for the second quarter of 2016,... Read more of this article
Video: Katrina Williams Leads Sailing Program
After training close to 1,000 M1 students over the past school year, the America’s Cup Endeavour Programme recently launched its summer programme with special two-week camps operating both East and West. Those that took part in the STEAM Curriculum programme were given the opportunity to sail for free this summer, provided they passed a performance... Read more of this article
AXIS Provides Q2 Preliminary Loss Estimates
Bermuda-based AXIS Capital Holdings Limited announced that its preliminary estimate of second quarter 2016 catastrophe and weather-related pre-tax losses is $104 million, net of estimated recoveries from reinsurance and including the impact of estimated reinstatement premiums. Of this amount, $71 million is from major natural catastrophes and $33... Read more of this article
PwC To Host Student Networking Reception
PwC Bermuda will be hosting their annual HeadStart Student Networking reception on Tuesday, July 26 at the Royal Bermuda Yacht Club from 5:30pm – 7:30pm. The evening will enable students to connect with PwC associates and partners and learn about the accounting and actuarial opportunities available at PwC. At the networking event students will also... Read more of this article
30 Minute Video: ZBM Evening News For July 19
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 30 minute replay will be available. The live video will begin at 7.00pm,... Read more of this article
Firefighters Extinguish Brush Fire In Warwick
At approximately 1.56pm today [July 19], the Bermuda Fire and Rescue Service responded to a report of a brush fire near Farm Lane in Warwick. Fire Service spokesperson, Acting Sergeant Delton White, reports, “The Bermuda Fire and Rescue Service responded with two fire vehicles and eight firefighters Read more of this article Related Stories Photos:... Read more of this article
Bermuda Stock Exchange Report: July 19 2016
Today [July 19] saw 1,500 shares trade on the Bermuda Stock Exchange, valued at $6,075.00 BD. All 1,500 shares were traded by Argus Group Holdings Ltd, closing up 3.8% at $4.05 per share. The BSX finished at 1,206.75, up 0.25% on the day. There were 1 advances, 0 declines, and 58 remained unchanged. The full report for the day is available Read More →
Weather Forecast For Wednesday July 20
Wednesday, July 20 is expected to see thunderstorms likely in the morning, then the chance of scattered thunderstorms in the afternoon, with the high to be near 28°C/82°F and the low to be near 26°C/79°F, according to Weather Underground. Winds are expected to be SSW. The relative humidity is expected to be near 78%. Sunrise will be at 6.25am and... Read more of this article
