Axis Capital Reports 2020 Third Quarter Results

AXIS Capital Holdings Limited announced financial results for the third quarter ended September 30, 2020. Commenting on the third quarter 2020 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “This was a quarter in which the world and our industry were impacted by exceptional levels of cat loss activity. First and foremost, […]

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PLP Congratulate New OBA Leader Cole Simons

The PLP has issued a statement saying they congratulate “23-year parliamentary veteran Cole Simons on his elevation to leader.” Mr. Simons was elected by acclamation as the new OBA Leader, replacing former OBA Leader Craig Cannonier who resigned from the position. The OBA now hold 6 seats in the 36-seat House of Assembly, and in […]

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Teams Advance To Gold Cup Quarterfinals

Teams from Denmark and Sweden have advanced to the quarterfinal round of the 70th Bermuda Gold Cup and 2020 Open Match Racing World Championship. A spokesperson said, “A pair of Scandinavian crews, Jeppe Borch’s Borch Racing Team from Denmark and Johnie Berntsson’s Berntsson Racing Team from Sweden, advanced to the quarterfinal round of the 70th […]

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Somers Share Repurchases For September 2020

In a filing with the Bermuda Stock Exchange [BSX], Somers Limited announced their recent share repurchases. The filing stated: “Somers Limited, a financial services investment holding company, announces that during the month of September 2020, Somers purchased 4,800 of its own common shares at an average cost of $13.56 per share. These Shares have been […]

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Apex & Banco Modal Acquisition Transaction

Apex Group Ltd. has entered into an agreement to acquire Banco Modal’s Alternative Fund Administration business in Brazil. A spokesperson said, “Apex Group Ltd. [Apex], a global financial services provider, and Banco Modal S.A., a Brazilian financial institution [Banco Modal], announced jointly today that Apex will acquire Banco Modal’s Alternative Fund Administration business in Brazil […]

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RA Issues Bulk Generation Procurement Rules

The Regulatory Authority of Bermuda has today issued an “Order detailing the Bulk Generation Procurement Rules to be followed for the procurement of all bulk generation projects in Bermuda.” A spokesperson said, “The procurement rules are intended to be efficient, transparent, simple to use and lead to the implementation of bulk generation projects that best meet the […]

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Butterfield Reports Third Quarter 2020 Results

The Bank of N.T. Butterfield & Son Limited today announced financial results for the third quarter ended September 30, 2020. “Net income for the third quarter was $30.5 million, or $0.61 per diluted common share, compared to $34.3 million, or $0.67 per diluted common share for the previous quarter, and $42.4 million, or $0.79 per diluted common […]

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Official Govt & Legal Notices For Oct 28 2020

The official Government and Legal notices for today [Oct 28] include tribunal agenda. Draft Bermuda Plan 2018 Tribunal Agenda – November 5, 2020 Notice Type: Government Notice Notice Sub Type: Public Notification Notice ID: GN0972/2020 Public Authorities / Department: Planning Publication Date: 28 October 2020 The Development And Planning [Tribunal Procedure] Rules 1992 The Draft […]

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Covid-19: Over 44 Million Cases Worldwide

With the Covid-19 pandemic continuing to affect countries around the globe, the number of confirmed cases worldwide has now surpassed 44 million, with over 1,168,000 deaths worldwide, and the United States having the most confirmed cases and deaths in the world, with India and Brazil following close behind on each count, respectively. A BBC story […]

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OBA Announce New Leader & Shadow Cabinet

The OBA has confirmed that Cole Simons is their new Party Leader and also announced their Shadow Cabinet, adding that their Senate team “will be revealed shortly.” This follows after the 2020 General Election, which saw the OBA maintain just 6 seats in the 36-seat House of Assembly. A spokesperson said, “The One Bermuda Alliance is […]

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Live Video: Education Minister Press Conference

Minister of Education Diallo Rabain is holding a press conference this afternoon [Oct 28] to share updates on the School Redesign plans and meetings. We will have additional coverage later on and in the meantime the live video is below. Related Stories Video: Teachers Day Proclamation Ceremony Video: Press Conference On School Reopening Video: Minister […]

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CP Sports Group Offers Advisory Service

CP Sports Group is offering a personalized advisory service, which aims to help student-athletes in selecting a boarding school or university, with their UK office “providing a direct connection between schools and prospective student-athletes.” A spokesperson said, “Parents who may be struggling with making a decision on sending their children abroad to boarding school or […]

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‘First Period Of Negative Inflation Since 1965′

July 2020 marks the first period of negative inflation since March 1965, according to the newly released Consumer Price Index [CPI]. Minister for the Cabinet Office Wayne Furbert said, “In July 2020 consumers paid 1.4 percent less than they did for the CPI basket of goods and services in July 2019. Between June 2020 and July […]

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“An App Specifically Designed For The Island”

“Bermuda has been fortunate to work with the developers to create WeHealth Bermuda, an app specifically designed for the island,” Premier David Burt said, adding that “we will be running public pilot programmes as early as next week.” Speaking at last night’s [Oct 27] press briefing, Premier Burt said, “As we work tirelessly to safely […]

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BHB Appoints Dr Fosker As Director Of Oncology

Bermuda Hospitals Board today announced that Dr Christopher Fosker has been appointed to the position of Director of Oncology at BHB, taking over from Dr Sein Aung. Dr Aung will continue at BHB as a Consultant Oncologist. As Director of Oncology, Dr Fosker will be the medical lead for cancer services at BHB. His responsibilities […]

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Students Excel In Public Speaking Competition

The finals for the International Independent School Public Speaking Competition [IISPSC] were held on Sunday, October 25th, with four students from Bermuda performing in After Dinner Speaking, Persuasive Speaking, and Dramatic Interpretation. The competition was due to be hosted by the Mulgrave School in Vancouver, British Columbia, Canada, but, due to the pandemic, Mulgrave decided […]

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Football: Solihull Borough Signs Justin Donawa

The Solihull Moors football team in England has signed Bermudian footballer Justin Donawa on a contract until May 2022. The club’s announcement said, “Solihull Moors are delighted to announce the signing of Bermuda international Justin Donawa. “The 24-year-old attacker signs from Darlington for an undisclosed fee, on a contract until May 2022. “Donawa has quite the background, […]

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BHB Celebrates Stroke Awareness Week

The Bermuda Hospitals Board [BHB] Stroke Centre is recognizing Stroke Awareness Week by highlighting the risks and symptoms of strokes for the public. A spokesperson said, “The Bermuda Hospitals Board Stroke Centre is focusing on stroke awareness for the public this week. Many Bermuda families are impacted by stroke every year. “In recent years the […]

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$40,000 In Receipts For Taste Of Bermuda

The receipts submitted over the three day Taste of Bermuda event came to $40,000, almost 2,500 people attended, 18 gallons of fish chowder were served, and 6.5 gallons of hand sanitizer distributed These were some of the numbers provided by the City of Hamilton following the recent Taste of Bermuda drive in culinary event. A spokesperson […]

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Column: Upcoming U.S. General Elections

[Opinion column written by Glenn Fubler] 2020 has been ‘exceptional’ in many ways; with COVID 19 and the uncommon drama of the upcoming U.S. General Elections The Pandemic spread across the globe, with varied impacts in different jurisdictions. Most countries responded reasonably. However, United State, with less than 5% of the world’s population, has 20% of […]

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One Launches New Data Roaming Packs

One Communications has launched new data roaming packs, with the company saying that an $8 Carry-On Auto Pack provides a “generous, automatic bucket of data on a daily basis in almost any country.” A spokesperson said, “Travelling just became more affordable than ever for One Communications mobile customers with the launch of Carry-On Roaming. “The new roaming […]

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RenaissanceRe Reports Third Quarter Results

RenaissanceRe Holdings reported net income available to RenaissanceRe common shareholders of $47.8 million, or $0.94 per diluted common share, in the third quarter of 2020, compared to $36.7 million, or $0.83 per diluted common share, in the third quarter of 2019. Operating loss attributable to RenaissanceRe common shareholders was $131.7 million, or $2.64 per diluted common share, in the third quarter of 2020, compared to operating income available to RenaissanceRe common […]

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Dynamic Urology To Provide Free Screenings

Dynamic Urology Services [DUS] will be providing free prostate screenings for men ages 40 and up from November 1 to November 30. A spokesperson said, “Dynamic Urology Services [DUS] announce the Movember Free Screening Initiative. Dynamic Urology will be providing free prostate screenings for men ages 40 and up. The screenings consist of a simple […]

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AIG Announces Leadership Transitions

American International Group, Inc. [AIG] announced the appointment of Peter Zaffino as Chief Executive Officer while Brian Duperreault will become Executive Chairman and Douglas M. Steenland will become Lead Independent Director. A spokesperson said, “American International Group, Inc. [AIG] today announced leadership transitions for its executive team and Board of Directors. “The AIG Board of […]

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Third Point Re To Hold Special General Meeting

Third Point Reinsurance will hold a special general meeting on November 23 where shareholders will vote on matters in connection with the previously announced merger transaction with Sirius International Insurance Group. A spokesperson said, “Third Point Reinsurance Ltd. announced today that it will hold a special general meeting of shareholders on November 23, 2020  at 10 […]

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First Day Of 70th Bermuda Gold Cup Action

The 70th Bermuda Gold Cup and 2020 Open Match Racing World Championship has opened with its first day of sailing action, with Phil Robertson’s China One Ningbo and Torvar Mirsky’s Mirsky Racing Team leading their respective groups after day one of the round robin. A spokesperson said, “As Phil Robertson’s China One Ningbo and Torvar […]

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BCHC: New Digital Mammography Equipment

Bermuda Cancer & Health Centre [BCHC] has upgraded their mammography equipment with the Senographe Pristina with Dueta from GE Healthcare, which they said will provide “patients with next-generation 3D digital mammography technology.” A spokesperson said, “Bermuda Cancer and Health Centre continue to be at the forefront of cancer care, providing the latest in breast cancer […]

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Ministry: 8 Bus Runs Cancelled On Tuesday

The Ministry released the list of bus cancellations for this morning [October 27] with the list indicating that there are eight bus runs cancelled so far today. Related Stories Govt: Bus Service Resumes On Wednesday Asphalt Resurfacing At Hamilton Bus Terminal DPT Contracts Eight Minibuses To Assist Update On Bus Service And New Schedule Hamilton […]

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One Communications Ltd Share Repurchase

In a filing with the Bermuda Stock Exchange [BSX], One Communications Ltd. advised that pursuant to BSX Regulation Section IIA 6.14[2][i], on 22 October 2020, 28,236 shares were repurchased at an average price of $4.00 for immediate cancellation. Related Stories One Communications Share Repurchase One Communications Share Repurchase One Communications Share Repurchase One Communications Share […]

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