Hashtag: #Australia
Floods May Impact on Reinsurers Earnings
Insured losses from devastating floods in Australia could top $6 billion — and earnings estimates for Bermuda reinsurers might be jeopardised as a result. In an exclusive report today [Jan.18], international news agency Reuter says the catastrophic Queensland floods in December and earlier this week could push reinsurers into losses greater... Read more of this article
Rayney Family Duties Reason For Bail
Despite being branded a flight risk after being charged with murdering his wife, an Australian judge decided to grant former Bermuda prosecutor Lloyd Rayney bail last month so he could help to care for his daughters and aging mother. In court papers released today (Jan.5), Western Australia Supreme Court Justice Robert Anderson said his decision... Read more of this article
Former Prosecutor Bailed on Murder Charge
Former Bermuda prosecutor Lloyd Rayney has been granted bail in Australia where he is charged with killing his wife. Mr. Rayney walked from court today [Dec 23] with his two teenage daughters, and told Australian reporters he was looking forward to defending his innocence as he left Western Australia’s Supreme Court. The barrister, who worked... Read more of this article
Australia Honours Reg Grundy
Bermuda-based TV production magnate Reg Grundy made a rare public appearance in his native country last night (Dec.10), receiving the Raymond Longford award for his services to the industry at the Australian Film Institute’s annual gala awards ceremony in Melbourne. The 87-year-old media mogul was responsible for such internationally successful... Read more of this article
Murder Charge: Former Bermuda Prosecutor
Former Bermuda prosecutor Lloyd Rayney was arrested today [Dec 8] in Australia, and has charged with the murder of his wife Corryn. He is expected to face Perth Magistrates Court tomorrow morning. Mrs Rayney was last seen in August 2007, and her body was found in Kings Park days later. Australian Police named Mr Rayney as a suspect in the murder, but... Read more of this article
Sylvania To Redomicile To Bermuda From Australia
The Directors of Sylvania Resources Limited announced the Company’s intention to redomicile the holding company of the group from Australia to Bermuda. The directors said they “believe that some of the advantages of the proposed Redomicile are a reduction in operational and administrative costs associated with an Australian incorporated entity... Read more of this article
Bermudian Entrepreneur On Aussie Mag Cover
Bermudian Will Young has taken the poet’s advice to heart and is measuring out his life — and career — in coffee spoons. Now based in Australia where he runs the speciality Campos Coffee, a now-legendary cafe he opened seven years ago that draws draws connoisseur crowds from all over Sydney, the young entrepreneur was featured on the... Read more of this article
Bermuda-Based Aussie Tycoon Breaks Silence
Bermuda-based Australian television pioneer Reg Grundy, who had never before given a TV interview, broke his decades long silence this week for an on-air chat at his Tucker’s Town home that made front page news in his native country. The multi-millionaire invited celebrated Australian TV presenter Tracy Grimshaw and her crew from the show “A... Read more of this article
Bermudian Killed In Australian Car Crash
A 25 year old Bermudian has been killed in a car crash in Australia. The crash occurred on Saturday June 5 morning [Friday June 4 evening local time], with the silver late-model Saab crashing into a tree in Nelly Bay, snapping the tree and dragging the stump for several feet before finally stopping. Bermudian Daniel Coyles, who was living in Magnetic... Read more of this article
Prisoner Transfer: Bermuda Has Done it Before
[Written by Larry Burchall] Recent talk of sending Bermudian prisoners overseas to serve their sentences? Bermuda already has a precedent. In fact, many precedents. In 1960, a Bermudian, convicted of murder, was sent to the UK to complete his sentence in a mental institution that could hold convicted prisoners. This decision was made between the... Read more of this article
New Coaches Set to Meet Cricket Squad in Africa
The Bermuda National Cricket team will have two new coaches join them for their upcoming tour of Namibia; David Moore and Julien Fountain. They will both be joining the Bermuda National Team during their South African training sessions, marking the first time they will start officially working with the team. David Moore, the new national coach, takes... Read more of this article
Bermuda Cedar Tree Opposite of the Globe
Bermuda Cedar trees seem to “get around”. This one pictured below is located in the Sydney Botanic Gardens in Australia – which is literally half way across the world from Bermuda. < Photo credit: Tony Rodd on Flickr Photo credit: Andy Kyte on Flickr Related Stories Column: Save Money, Drink Tap Water Minister On Water Resources... Read more of this article
