News | Bermuda News Updates

Cycling: V.T. Construction Crit Results

October 2, 2023

Will Drea, Caitlin Conyers, Panzy Olander, Skye Ferguson, Makao Butterfield and Jens Drea all won their Division in the V.T Construction Crit in Hamilton. Will Drea won the Adult A Division with a time of 29:58.511, Conyers clocked a time of 29:54.723 on her way to winning the Adult B Division, Kavin Smith finished second […]

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Youth Climate Summit To Take Place In November

October 2, 2023

The Bermuda Underwater Exploration Institute [BUEI] will be hosting the 3rd Annual Youth Climate Summit from November 10th to 18th. A spokesperson said, “The Youth Climate Summit [YCS], a weeklong event for students ages 13-22, engages and educates young people on global climate issues and is the foundation for a year of youth-led activities focused […]

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Mia Fishel Scores In Chelsea Women Debut

October 2, 2023

[Written by Stephen Wright] Mia Fishel has described her debut for Chelsea Women as a “dream come true” after scoring against Tottenham Hotspur Women on the opening day of the Women’s Super League season. Fishel, whose father Patrick is Bermudian, is related to the Bascome’s, the island’s famous football family, including former Bermuda players Andrew […]

Tre Manders fifty helps rampant Bermuda ease past Panama

October 2, 2023

White Hill Field (Panama won toss): Bermuda (2pts) beat Panama (0) by seven wickets

Bermuda moved another step closer to qualifying for the T20 Cricket World Cup with a second successive victory …

Canada captain confident of reversing opening-day form

October 2, 2023

White Hill Field (Canada won toss): Canada (2pts) beat Cayman Islands (0) by 108 runs

Saad Zafar, the Canada captain, has declared that his team still stands a great chance of qualifying for the…

Local Vesttoo hearing awaits liquidators’ report

October 2, 2023

Lawyers for the Vesttoo case in the United States Bankruptcy Court in the District of Delaware are back for the next hearing today.
The Zoom hearing requires them to register at least two hours in adv…

Government rating agency fined $4m for SEC violations

October 2, 2023

An agency hired by the Government to provide credit ratings has admitted Securities and Exchange Commission violations and has been fined millions of dollars in penalties.
The offences are related to …

Industry will need help to cover cyber-risks, panel told

October 2, 2023

Insurance provides a safety net to the world but there are some risks that the industry cannot finance on its own.
Albert Benchimol, former president and chief executive at Axis Capital, made this poi…

Survey: global insurers favour asset flexibility

October 2, 2023

Global insurers are adapting to this year’s challenging macro environment by adopting a strategic asset allocation that favours flexibility, a new report has revealed.
BlackRock’s 12th annual Global I…

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Joseph Scores Twice In Thomas College Win

October 2, 2023

Joshua Joseph, Tre Burgess, Shane Robinson and their Thomas College Men’s Soccer teammates defeated the University of Maine Presque Isle by score of 4 – 0. In the 9th minute, Joseph capitalized on a pass from Julen Zuidervaart to take a 1 – 0 lead, and in the 46th minute, Joseph converted a penalty kick […]

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Travel Weekly Features Crystal & Fantasy Caves

October 2, 2023

Bermuda’s Crystal and Fantasy caves have been featured in a Travel Weekly story. The Travel Weekly story said, “Bermuda’s beaches are often praised as must-see destinations when visiting the island, and rightfully so. But there are other natural attractions that aren’t quite so visible — unless you go 120 feet beneath the surface. “It took […]

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Charities Encouraged To Apply For Funding

October 2, 2023

Charities in Bermuda are invited to apply for funding from the 2024 Convex End-to-End event, and all applications must be submitted electronically by 5pm on October 31st, 2023. A spokesperson said, “The focus of the End-to-End remains steadfast on addressing the pressing needs of the Bermuda community. The proceeds generated from the 2024 End-to-End event […]

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AM Best Assigns Ratings To Athene Affiliates

October 2, 2023

AM Best has assigned Financial Strength Ratings of A [Excellent] and Long-Term Issuer Credit Ratings of “a+” [Excellent] to Athene Co-Invest Reinsurance Affiliate 2A Ltd. and Athene Co-Invest Reinsurance Affiliate 2B Ltd, both domiciled in Bermuda. The ratings agency said, “These two entities will be subsidiaries of Athene Holding Ltd. and collectively referred to as […]

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AM Best Affirms Credit Ratings Of Ascot Group

October 2, 2023

AM Best has affirmed the Financial Strength Ratings [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a+” [Excellent] of Ascot Bermuda Limited [Ascot Bermuda] [Bermuda], as well as certain members of the Ascot Insurance U.S. The credit ratings agency said, “Concurrently, AM Best has affirmed the Long-Term Issue Credit Rating […]