U.S. SEC Fines Mark Watson $450,000

The U.S. Securities and Exchange Commission [SEC] has imposed a $450,000 fine on Mark E. Watson III for his role in Bermuda-based insurer Argo Group International’s “failure to disclose” over $5.3 million in “additional perquisites and personal benefits” while he was the company’s CEO. The document states, “Respondent Mark E. Watson III was the Chief […]

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Resolution Re Donates $10,000 To LCCA

Resolution Re has donated $10,000 to the Lady Cubbit Compassionate Association [LCCA] to provide additional funding to their General Assistance Program. The funds will be used to provide food vouchers during this Christmas period. Veronica Harvey, Executive Director at LLC said “Covid-19 has depressed all of us! We are experiencing unparalleled requests from families who […]

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Somers Reports Quarterly Net Income: $51.3M

In a filing with the Bermuda Stock Exchange [BSX], Somers Limited reported their latest financial results, saying that “despite the far-reaching consequences of Covid-19,” they are “delighted to be able to report that the year ended September 30, 2020 was an excellent year for Somers. ” The filing stated: Somers Limited [Somers], a financial services […]

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BHB: Hospital Current Maternity Guidelines

Bermuda Hospitals Board [BHB] confirmed that the “guidelines for designated support people attending births and visiting mothers in Maternity are not currently changing.” A spokesperson said, “However, in order to minimize the number of people from the community in the maternity department, BHB is returning to the guidance earlier this year relating to doulas not attending […]

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Minister Congratulates Course Participants

Minister of Labour Jason Hayward congratulated the participants of the Cleaning Technician Course, saying he was “pleased to see the commitment to gain knowledge and experience.” Minister Hayward posted the photos below on Instagram and said, “I had the pleasure of congratulating the 12 participants of the Cleaning Technician Course which was facilitated by the […]

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‘Annual Rate Of Inflation Remained Unchanged’

“The annual rate of inflation remained unchanged from the previous month,” according to the newly released Consumer Price Index [CPI] from the Department of Statistics. A Government spokesperson said, “Minister for the Cabinet Office the Hon. Wayne L. Furbert, JP, MP, released the September 2020 Consumer Price Index [CPI] publication from the Department of Statistics.” […]

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Shipping Schedule: Week Starting December 12

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday December 12th. On Wednesday the Somers Isles container ship is expected, on Thursday the Bermuda Islander container ship will arrive, and  the Oleander container ship is scheduled to arrive. The weekly shipping schedule, which is subject to change, follows […]

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Richard Lightowler Appointed To Aspen Board

Aspen Insurance Holdings Limited announced that Richard Lightowler has been appointed to its Board as a Non Executive Director effective December 10, 2020. A spokesperson said, “Mr. Lightowler is currently a Non-Executive Director of Oakley Capital Investments Limited and Hansa Investment Company Limited. Richard has over 25 years in public accounting and was notably Partner […]

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Concacaf: Women’s National Team Competitions

Concacaf announced the structure of a new senior women’s national teams football calendar which will begin in 2021 and include major centralized summer tournaments in 2022 and 2024. The organisation said, “The Concacaf Council approved this structure of new competitions with the aim of transforming women’s national team football across the entire confederation. “The new […]

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Government: Unemployment Benefits Available

The Minister of Finance Curtis Dickinson has “authorised unemployment benefit payments to individuals whose ability to earn an income has been directly impacted by the recent measures the government has taken to reduce the spread of COVID-19.” A spokesperson said, “These benefit payments pertain to verified full-time employees of bars and nightclubs who have had […]

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Covid-19: 27 New Cases, 391 Total, 149 Active

There were 27 new positive Covid-19 results — 13 classified as local transmission with known contact/source as they are associated with known cases and clusters and 14 under investigation — Bermuda now has 391 total confirmed positive cases to date, with 149 active. “The average age of all active cases is 35 years [median: 31 years] and the age range is 0 to […]

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Aquarium To Close For Visits Until January

The Bermuda Aquarium, Museum and Zoo [BAMZ] will be closing to the general public from Saturday, December 12th 2020 until January 1st 2021 to “limit potential exposure .” A Government spokesperson said, “The Bermuda Aquarium, Museum and Zoo [BAMZ] will be closing to the general public from Saturday, December 12th 2020 until January 1st 2021 […]

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Official Govt & Legal Notices For Dec 11 2020

The official Government and Legal notices for today [Dec 11] include PATI notice and acting appointments. PATI [Information Statement] Ministry Of Youth, Culture & Sports HQ Notice 2020 Notice Type: Government Notice Notice Sub Type: PATI Notice Notice ID: GN1147/2020 Public Authorities / Department: Youth, Sport And Recreation Publication Date: 11 December 2020 GN/2020 The […]

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Butterfield Moving To Work-From-Home Model

The Bank of Butterfield announced that “effective Monday, 14 December 2020, its corporate offices in Bermuda will operate under a work-from-home model.” A spokesperson said, “All three Butterfield Banking Centres [Reid Street, St. George, and Somerset] will remain open from 9:00 a.m. to 4:00 p.m. Monday through Friday for in-person transactions. “Clients are encouraged to complete […]

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Updates: Premier Announces New Regulations

[Updating] Premier David Burt will be delivering what he said was a “special statement in the House of Assembly” at approximately 3pm today [Dec 11] to “update the Island on Bermuda’s current Covid outbreak.” This is one of three statements/press conferences today, as one was already held at 12.30pm to launch the WeHealth Bermuda app, […]

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Peaceful Art Protest Mural Project Launched

The City of Hamilton has partnered with the Bermuda National Gallery for the Peaceful Art Protest, a mural project conceptualized by Rachel Swinburne in response to the Black Lives Matter [BLM] movement. A spokesperson said, “The City of Hamilton and the Bermuda National Gallery are pleased to announce their partnership on the Peaceful Art Protest […]

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3pm Live Audio: Premier Statement On Covid-19

Premier David Burt will be delivering what he said was a “special statement in the House of Assembly” at approximately 3pm today [Dec 11] to “update the Island on Bermuda’s current Covid outbreak.” This is one of three statements/press conferences today, as one was already held at 12.30pm to launch the WeHealth Bermuda app, and […]

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Minister: BLDC Audited Financial Statements

Minister of Public Works Lt/Col David Burch provided the Bermuda Land Development Company’s [BLDC] Audited Financial Statements and Annual Reports for the years 2012 – 2018 in the House of Assembly today [Dec 11] The Minister said, “The attached audited financial statements reveal that as of 2018, the BLDC had assets of $29.18M, Liabilities of […]

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Audio: AG In Parliament On Cannabis Licensing

Attorney-General & Minister of Legal Affairs Kathy Lynn Simmons delivered remarks in the House of Assembly today [Dec 11] on the “Tabling Of Cannabis Licensing Act 2020.” We will update with the full statement as able, and in the meantime the audio is below. Related Stories Provide Feedback On Cannabis Regulations Meeting On The Decriminalization […]

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People’s Pharmacy Re-Opening At 2pm Today

People’s Pharmacy will re-open at 2.00pm today [Dec 11] “following consecutive deep cleans and a needed pause,” the company said, adding that “there are no assurances with this virus; however, the public can rest assured that the People’s team takes every precaution possible to ensure your safety” and “we ask that you do the same […]

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Bowring Marsh Promotes Roos, Norman & Evans

Bowring Marsh [Bermuda] Ltd. announced the promotions of Lindsay Roos, Laura Norman, and Kyla Evans A spokesperson said, “Bowring Marsh [Bermuda] Ltd., the international placement specialist of Marsh, announced today the promotions of three colleagues. “Lindsay Roos, HealthCare Placement Leader, has been named Managing Director for Healthcare Placement Team. She joined Bowring Marsh [Bermuda] in […]

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Ministry: ‘Potential Exposure’ At Berkeley Institute

The Ministry of Health has “become aware of a potential exposure at The Berkeley Institute to someone confirmed with Covid-19,” and the ESU is “contacting confirmed close contacts who are being advised that they must quarantine [stay home and away from other activities] and be tested for Covid-19.” Ministry’s Statement A spokesperson said, “The Chief […]

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Apex Group Acquires Transfer Agency IASL

Apex Group Ltd. announced the acquisition of transfer agency business, Investor Administration Solutions Limited [IASL]. A spokesperson said, “The acquisition of IASL, from parent company Professional Partners Administration Limited [PPAL], complements Apex’s existing advanced transfer agency platform and integrates an experienced team of transfer agency experts into its UK operation. The addition of the IASL […]

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Heritage Agency Donates $1K To Vision Bermuda

Heritage Agency [Bermuda] Limited recently donated $1,000 to Vision Bermuda, the charity formerly known as the Bermuda Society for the Blind. A spokesperson said, “Heritage Agency [Bermuda] Limited is pleased to support Vision Bermuda through a donation of US $1,000. Vision Bermuda, formerly known as the Bermuda Society for the Blind, offers a wide range […]

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Bus Service Suspended Until Further Notice

After a member of staff tested positive for Covid-19, the bus service will be “suspended until further notice,” the Ministry confirmed this morning [Dec 11]. In a statement sent out entitled ‘Public Bus Service Suspended Until Further Notice’ the Ministry said, “The Department of Public Transportation [DPT] wishes to advise the public that the public […]

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Bermuda 2nd In CEA Regional Jumping Event

The 2020 Bermuda Team  — of  Mackenzie James, Tyler James and Lily Butler — placeed second in the 2020 CEA Regional Jumping Challenge. A spokesperson said, “Despite Bermuda having held the team championship for 4 consecutive year, it was Barbados who captured this year’s Team victory in the CEA Regional Jumping Challenge with a very impressive […]

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The MarketPlace “12 Days Of Christmas Deals”

“The MarketPlace announced its 12 Days of Christmas Deals social media promotion, which the company said features “significant daily discounts on some of The MarketPlace’s most popular items for one day only, beginning Sunday 13 December.” “Each day, on the 12 days leading to Christmas, at 6.00am, Santa Clause will unveil the deal of the […]

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West Pembroke P1 & P2 Directed To Quarantine

The Chief Medical Officer has “directed that all West Pembroke P1 and P2 students and associated teachers be quarantined for 14 days,” the Ministry said this evening. Public schools have already had in-class learning suspended and transitioned to remote learning, and this is the latest quarantine directive for a school, following after those for CedarBridge […]

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BEST: Covid Protocol & Shipping Updates

BEST Shipping said they “are taking every precaution to safeguard our customers, employees and business operations” and also asked “customers to be cognizant of some of the other factors that are causing delays in container clearance and delivery to our warehouse.” A spokesperson said, “As the Coronavirus [Covid-19] situation continues to unfold we wish to ensure […]

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Polaris Holding Defers Payment Of Dividends

In a filing with the Bermuda Stock Exchange [BSX], Polaris Holding Company Limited announced the deferment of their dividend. The filing stated, “At a Board of Directors meeting help on 9 December 2020, the Directors of Polaris Holdings Company Ltd., unanimously resolved to defer payment of dividends to the shareholders of record as at 18 […]

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ILS Internship Programme & Education Initiatives

Since 2017, ILS Bermuda have partnered with the Bermuda College as part of an education initiative to provide educational and work experience opportunities for College students, expanding awareness and knowledge of the alternative reinsurance and ILS industry and aiming to further the potential of Bermuda College students entering the job market. ILS Bermuda’s newest education […]

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Parliament: Order Of Business For December 11

The House of Assembly will be in session on Friday [Dec 11] and statements scheduled to be delivered include on the Covid-19 Vaccine for Bermuda, tabling of a Bill entitled Cannabis Licensing Act 2020, annual Report Legal Aid Office 2013-2019, and the Treatment of Offenders Board Report 2018 – 2019. Other statements include the Tabling of […]

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Simmons-Wade: ‘Airport Contract Is A Bad Deal’

“Notwithstanding my personal connection to the airport terminal, the reality is that this new airport contract is a bad deal for Bermudians,” Ianthia Simmons-Wade said Ms Simmons-Wade — the widow of the late L. Frederick Wade and the PLP MP Constituency 25 — said, “Yesterday I attended the opening of the new LF Wade airport […]

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Official Govt & Legal Notices For Dec 10 2020

The official Government and Legal notices for today [Dec 10] include appointments, supplementary provisions to the Air Navigation Regulation, and large group exemption. Appointments Notice Type: Government Notice Notice Sub Type: Appointments Notice ID: GN1143/2020 Public Authorities / Department: Ministry Level Publication Date: 10 December 2020 The Minister of Public Works is pleased to make […]

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BF&M Closing Offices, Employee Tests Positive

A BF&M employee has tested positive for Covid-19, and the company said that the person is “not a customer-facing employee” however “as precaution and to ensure the safety of customers and staff, BF&M is closing its Bermuda offices for enhanced cleaning.” A statement from the company said, “It was brought to our attention today that […]

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NSC Gym Closed After Someone Tests Positive

The National Sports Centre has closed its gym after “someone who used the facility tested positive for Covid-19.” Amy Fox, the NSC’s Aquatics and Fitness Manager, said: “Under the guidance of the Health Department, we will be closing the facility for a short period of time while it is deep cleaned to Covid regulations. “It […]

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People’s Pharmacy Employee Tests Positive

Noting that an employee at their Victoria Street location tested positive for Covid-19, People’s Pharmacy said that “out of an abundance of caution, People’s will take the exceptional step of closing its Victoria Street location at 4:00pm today, Dec 10, to allow all staff to be tested.” This comes as the island is experiencing a […]

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