Hashtag: #Australia
Olympic Basketball: Australia Defeats Great Britain
[Updated] Bermuda’s Jenaya Wade-Fray will be part of Great Britain’s team for their Olympic game vs Australia, which will begin at 6.15pm Bermuda time this evening [July 28]. Wade-Fray — who will be wearing #9 –Â is believed to be the first Bermudian basketball player to make an Olympic appearance. Â At 5ft 9in Wade Fray is one... Read more of this article
BIOS Scientists Present At Australian Event
Last week three BIOS scientists – Tim Noyes and Dr. Eric Hochberg in the Coral Reef Ecology and Optics Lab [CREOL] and Andrew Collins in the Bermuda Ocean Acidification and Coral Reef Investigation [BEACON] Lab – presented their research at the 12th International Coral Reef Symposium [ICRS] in Cairns, Queensland, Australia. Held every four years,... Read more of this article
Gosling’s Bermuda Day Events In Australia
Gosling’s Rum is taking Bermuda Day to Australia by encouraging Australians to wear Bermuda shorts to work from May 21 to 27, and getting bars to host parties throughout the week. Think Spirits, the local distributor of Gosling’s Rum, has teamed up with several bars across the country to encourage people to celebrate the day with plenty of Gosling... Read more of this article
Butterfield & Duffy In Australia Triathlon
Bermudian athletes Tyler Butterfield and Flora Duffy both took part in the 2012 Dextro Energy Triathlon in Sydney, Australia earlier today [Apr.14]. In the elite men’s division, Tyler Butterfield finished with a time of 01:52:49 placing 28th. Flora Duffy finished with a time of 02:06:01 ranking 48th in the elite women’s division. The elite... Read more of this article
Video: Nikki Butterfield Interviewed In Australia
Having won her first major professional race at the Abu Dhabi International Triathlon recently, Nikki Butterfield is now preparing for the Ironman World Championships in Kona, Hawaii. Mrs Butterfield – the wife of top local triathlete Tyler Butterfield – was interviewed by a Sydney, Australia news station recently and spoke of her love of... Read more of this article
Catlin Sponsors Great Barrier Reef Study
Bermuda-based Catlin Group Limited is sponsoring a major scientific expedition that will document the composition and health of sections of Australia’s Great Barrier Reef across an unprecedented range of depths before turning its attention to the Bermudian reef line. The scientific data gathered by the Catlin Seaview Survey will strengthen the... Read more of this article
Sailing: Day #2 in Australia Abandoned
Day Two of the Etchells World Championship 2012 being held offshore of Sydney Heads in Australia, has been abandoned for the 74-boat fleet due to large seas and heavy wind conditions. Bermuda sailors Tim Patton and Mark Watson were both looking to improve on their 40th and 44th placing’s after Day One of racing in the 2012 Etchells World Championship. PRO... Read more of this article
Patton & Watson Compete In Australia
Tim Patton finds himself in 40th and Mark Watson is in 44th after Day One of racing in the 2012 Etchells World Championship. The Royal Sydney Yacht Squadron and Sydney Etchells Fleet are hosting Etchells sailors from around the world. In the 74 boat Fleet, Patton and his crew have 85 points, while Watson – the Argo Group CEO – finished the... Read more of this article
Spike In LSE Entities Based Here
Bermuda is home to the fourth largest number of non-UK entities listed on the London Stock Exchange [LSE] than any other jurisdiction globally, according to figures from the market authority. LSE data shows that at the end of December 2011 there were 45 Bermuda-incorporated entities listed on either the Main Market, the Alternative Investment Market,... Read more of this article
Ironshore’s New Australia Executive
The Australian operation of Bermuda re/insurer Ironshore has announced the appointment of Katherine Simmonds as Executive Director, who was also named to serve on the Board of Directors for Ironshore Australia. Ms Simmonds will be responsible for Ironshore Australia’s Mergers & Acquisitions [M&A] insurance programme offerings throughout... Read more of this article
Triathlete Butterfield’s Juggling Act
Nikki Butterfield – the wife of top local triathlete Tyler Butterfield – won a Half Ironman competition in Syracuse last year and placed a respectable fourth in the HyVee 5i50 Championships — another US endurance event combining bicycling, swimming and running. And her itinerary for 2012 is far more ambitious, with Mrs. Butterfield hoping... Read more of this article
AXIS Capital Appoints David Smith
Bermuda-based AXIS Capital Holdings Limited today [Jan. 6] announced that it has appointed David Smith as CEO and Country Manager of Australian Operations. He is based in Sydney and reports to Mark Gregory, CEO International Division, AXIS Insurance, who welcomed Mr. Smith to AXIS, and noted that he “has over 30 years experience in the financial services... Read more of this article
Catastrophes Failed To Drive Prices
Reinsurance brokers say despite the fact 2011 was the most expensive year ever for natural disasters, the back-to-back series of catastrophes didn’t drive coverage prices higher across the Bermuda industry or other key players in the global market when policies were renewed on January 1. Reinsurers’ strong capital base meant only insurance policies... Read more of this article
IAG Reinsurance Costs Balloon
Leading Australian insurer IAG has seen its reinsurance costs balloon for 2012 following pay-outs for a series of costly catastrophes last year — and the beleagured firm reportedly received a cool reception from the Bermuda industry during its recent roadshow presentation here. The “Sydney Morning Herald” reports today [Jan.4] that... Read more of this article
Disaster Areas Exposure Reduced
Global reinsurers — including some based in Bermuda — are now reducing exposure to some catastrophe-hit areas of Asia and Australasia after years of pursuing business in those locations for diversification benefits and not properly assessing risks. According to a report in “The Financial Times” today [Jan. 3] exposures in Australia,... Read more of this article
2011 Disasters Failed To Lift Pricing
Despite more than $100 billion in disaster losses around the world this year, catastrophe and property re/insurers in Bermuda and elsewhere are not yet experiencing a broad and sustained increase in pricing power — defying predictions from a year ago that even half those losses would be sufficient to turn the global industry around. While 2011... Read more of this article