Essent Closes $363.4M Reinsurance Transaction

Essent Group Ltd. announced that its wholly-owned subsidiary, Essent Guaranty, Inc., has obtained $363.4 million of fully collateralized excess of loss reinsurance coverage on mortgage insurance policies written in July 2023 through July 2024 from Radnor Re 2024-1 Ltd., a newly formed Bermuda special purpose insurer. A spokesperson said, “Radnor Re 2024-1 Ltd. is not […]
Essent Closes $363.4M Reinsurance Transaction Read More

BFA: North Village Used An ‘Ineligible Player’

The Bermuda Football Association [BFA] said that “it has been ruled that North Village CC used an ineligible player during the Dudley Eve match on Sunday, September 15, 2024.” A spokesperson said, “In this regard, North Village CC has been adjudged to have breached the BFA Disciplinary Code Article 39: Ineligible Players under Sanctions against […]
BFA: North Village Used An ‘Ineligible Player’ Read More

ZipX Partners BEDC For Discounted Shipping

ZipX and the Bermuda Economic Development Corporation [BEDC] have joined forces to provide Bermudian small business owners and local entrepreneurs with a discount on their shipping costs. A spokesperson said, “Starting September 24th, BEDC-registered businesses are eligible for a discount on ZipX shipping services when they sign up for a free ZipX membership.” Kevin Smith, […]
ZipX Partners BEDC For Discounted Shipping Read More

Official Govt & Legal Notices For Sept 24 2024

The official Government and Legal notices for today [Sept 24] include public notification. Ministers And Responsibalities Assigned 16 September 2024 Notice type: Government Notice Notice sub type: Public Notification Notice ID: GN0876/2024 Public Authorities / Department: Cabinet Headquarters Publication date: 24 September, 2024 Ministers’ and Responsibalities assigned – 16 September 2024 [003] [PDF] The official notices above have […]
Official Govt & Legal Notices For Sept 24 2024 Read More

Govt: ‘Proactive Measures Are Being Taken’

“Given the news of possible strike action by approximately 45,000 port workers on the east coast of the US, the Ministry of National Security wishes to assure the public that proactive measures are being taken to mitigate any potential impact on Bermuda’s supply chain,” the Government said today. Minister of National Security Michael Weeks said, “We […]
Govt: ‘Proactive Measures Are Being Taken’ Read More

Review: Pastoral-Parishioners’ Anniversary

[Written by Dale Butler] The fifth Pastoral-Parishioners’ Anniversary took place on the grounds of the Christ Anglican Church, Devonshire, on Saturday, September 21, 2024 at 6.00pm with a very appetizing dinner by Kenny’s Kitchen and water donated by John Barritt & Son Limited; an exceptional night of entertainment followed. The tent, lighting, and stage backdrop […]
Review: Pastoral-Parishioners’ Anniversary Read More

Tyler Smith To Present Awards At Run Event

Olympian and Somersfield Academy alumnus Tyler Smith will present awards at the 2024 Somersfield Fun Run and Walk, a community fitness event benefiting the school’s Bursary Fund. A spokesperson said, “Somersfield Academy alumnus and Olympian Tyler Smith will be presenting awards at this year’s Somersfield Fun Run and Walk. Smith graduated from the school’s International Baccalaureate […]
Tyler Smith To Present Awards At Run Event Read More

Column: OBA’s Neblett On Seniors, Govt & More

[Opinion column written by the OBA’s Carl Neblett] Life in Bermuda has become increasingly expensive for everyone, but for our elderly population, it is almost agonizing. For many seniors, the combination of inadequate pensions, insufficient healthcare, high costs of living, and widespread neglect forms a perfect storm of suffering that should deeply trouble us all. […]
Column: OBA’s Neblett On Seniors, Govt & More Read More

Nonprofit Alliance Applauds $25M Investment

The Nonprofit Alliance of Bermuda said they “applaud the Bermuda Government on its recent announcement of a $25 million funding package dedicated to social services and supports—the largest such investment in two decades.” A spokesperson said, “This move signals an important commitment to addressing the social and economic challenges faced by many in Bermuda’s community. […]
Nonprofit Alliance Applauds $25M Investment Read More

Bermuda To Compete In Grand Caraibe Int’l

Five Bermudian equestrians are set to participate in the Grand Caraibe International horse jumping competition scheduled for November 22nd and 24th in Suriname. The team will consist of Raishun Burch, Kayla Bardgett, Sierra Wolffe, Emma Kempe, and Kimoy Cruickshank. Cruickshank returns for his second appearance in the Grand Caraibe International, while Burch, Cruickshank, and Bardgett […]
Bermuda To Compete In Grand Caraibe Int’l Read More