Darag Group announced that it has “agreed to sell, subject to regulatory approvals, its North American and Bermuda business entities to the RiverStone Group.” A spokesperson said, “The sale is expected to close by year end. Darag’s North American and Bermuda business has built a reputation as the leading player in its niche market. Darag and […]

Fidelis Insurance Group declared a dividend and announced a new share repurchase authorization. A spokesperson said, “Fidelis Insurance Holdings Limited, a global specialty insurer, announced today that its Board of Directors has approved and declared a dividend of $0.10 per share, payable on September 30, 2024, to common shareholders of record on September 16, 2024. “In addition, […]

International General Insurance Holdings declared an ordinary common share dividend of $0.025 per share. A spokesperson said, “International General Insurance Holdings Ltd. today announced that its Board of Directors has declared an ordinary common share dividend of $0.025 per share for the period April 1, 2024 – June 30, 2024. The dividend is payable on […]

Freisenbruch Insurance will close its office at 2:00 p.m. today due to Hurricane Ernesto. A spokesperson said, “As we prepare for the impacts of Hurricane Ernesto, we remain mindful of our obligations to keep our clients, our staff and our families safe. “Today [Friday] our office will close at 2:00pm and is scheduled to reopen […]

Skyah Walker and Charlie Thorpe completed internships at Wilton Re Bermuda Limited, gaining practical experience in actuarial and accounting tasks through the BILTIR program. A spokesperson said, “Skyah Walker and Charlie Thorpe were selected from a field of nearly two dozen applicants as this year’s summer interns at Wilton Reinsurance Bermuda Limited. Wilton Re has […]

The 17th annual PwC insurance and reinsurance forum is set to convene more than 300 industry leaders and professionals to discuss the pivotal trends and strategies shaping the industry landscape. A spokesperson said, “The PwC Insurance Summit, presented with the Financial Times, known for its comprehensive insights and thought-provoking discussions, will take place on 12 […]

Enstar Group Limited  has completed the previously announced transaction between one of its wholly owned subsidiaries with Insurance Australia Limited, on behalf of Insurance Australia Group [IAG], following receipt of the relevant regulatory approvals and satisfaction of the final closing conditions. A spokesperson said, “Under the terms of the adverse development cover [ADC] agreement, Enstar will […]

Enstar Group Limited announced that its 35-day “go-shop” period ended without receiving any alternative acquisition proposals, as part of its $5.1 billion merger agreement with Sixth Street. A spokesperson said, “Enstar Group Limited Today announced the expiration of the 35-day “go-shop” period as provided in the previously announced definitive merger agreement, pursuant to which Sixth […]

MultiStrat, the specialty reinsurance and capital advisory firm, has announced two senior promotions in its underwriting team as the company continues to build out its expertise, talent, capital, brokers, investors, and carrier partners in 2024 and 2025. A spokesperson said, “Kier James has stepped up from Vice President, Underwriting, to the role of Chief Underwriting […]

Minister of Labour Jason Hayward gave a keynote address to help open the Bermuda Captive Conference yesterday [Sept 9], wishing attendees “a successful and productive conference.” Minister Jason Hayward said, “Good morning, everyone. I want to extend a warm welcome to all of you, especially our guests who have traveled from overseas to join us […]

Mosaic has added 13 leading US environmental risk specialists to its team as the company drives a strategic buildout of business across the Americas A spokesperson said, “The expansion marks the next stage of rapid growth for Mosaic’s Environmental Liability division which the company launched as its seventh line of business less than two years […]

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 […]

AM Best affirmed Golden Tree Reinsurance Limited’s B++ [Good] Financial Strength Rating and “bbb” [Good] Long-Term Issuer Credit Rating, both with a stable outlook. A statement from the ratings agency said, “AM Best has affirmed the Financial Strength Rating of B++ [Good] and the Long-Term Issuer Credit Rating of “bbb” [Good] of Golden Tree Reinsurance […]

Arch Capital Group Ltd. announced a $1.9 billion special dividend and also announced executive promotions. A spokesperson said, “Arch Capital Group Ltd. [NASDAQ: ACGL, Arch or the Company] today announced that its Board of Directors [Board] has declared a special cash dividend [special dividend] of $1.9 billion to common shareholders, representing $5.00 per outstanding common share. […]

Enstar  announced that one of its wholly-owned subsidiaries has entered into an adverse development cover [ADC] reinsurance agreement with certain subsidiaries of James River Group Holdings, Ltd. A spokesperson said, “Under the terms of the agreement, Enstar’s subsidiary will provide $75 million of limit in excess of the existing $160 million ADC reinsurance coverage provided to […]

McKenzie Bean — a Bermudian who lives in Colorado — recently competed in the NPC Colorado Cup Bodybuilding Show, winning first place in the true novice category, and placing second in the heavyweight class, and fourth in overall novice. “Mr Bean, who has been training for 9 years, told Bernews, “My coach and I went […]

Over one hundred pro hopeful bodybuilders and fitness athletes, both local and international are gearing up for this year’s Caribbean Grand Prix, to be held at the Ruth Seaton James Auditorium on Saturday, March 26th. “The competition is back after proving to be a major success in 2019 and gives athletes from anywhere in the […]

[Written by Stephen Wright] Alexis Richens has always felt at home on stage and credits her dance background for giving her the tools needed to navigate the challenges of bodybuilding. The 31-year-old made her competition debut last summer at the NPC Worldwide Royal Grand Prix Bermuda, held at CedarBridge Academy, where she claimed the overall […]

Physique athlete Alexis Richens achieved a second-place finish in the bikini class at the NPC Worldwide Royal Grand Prix Bahamas Pro Qualifier in Nassau at the weekend. Richens said she made significant improvements from her competition debut last summer at the NPC Worldwide Royal Grand Prix Bermuda, where she won the overall bikini class title. […]

Beyond Inclusion hosted its Trunk or Treat event this weekend, creating an inclusive Halloween celebration for families to enjoy, with over 25 different organizations and individuals hosting trunks. “Trunk or Treat is an inclusive and accessible alternative to traditional trick-or-treating. This year, we’ve opened the event for members of the general public to attend, in […]

The International Fellowship of Christian Churches Bermuda held a three-day ONE Conference from October 25 to 27 at Whitney Institute, with the organization previously saying “this free event features an exciting lineup of activities, including inspiring speakers, delicious food, and engaging fun for all ages.” Related Stories Photos & Video: Blessing Of The Boats Photos: Dedication […]

Somerset Primary School students recently hosted an International Dinner for students and parents, where the students highlighted the culture and cuisine of countries, including Japan, Mexico, India, and Bermuda. The event offered a variety of dishes for attendees to sample, celebrating the diversity within the school community. In honor of Diwali, the PTA also organized […]

The Convening of Parliament took place this morning [Nov 8], with the 2024 Throne Speech outlining the Government’s legislative agenda for the year ahead. Senators, Ministers, Members of Parliament, and other dignitaries attended the proceedings. Related Stories Convening Of The Legislature This Friday Looking Back On 2013: The Year In Photos Photos: The Sunset Before […]

“Bermuda’s marine environment and its inhabitants are used to major storms, including hurricanes. There will inevitably be some acute damage as well as some ongoing negative effects in the short to medium term, but overall our marine ecosystems tend to recover well,” the Department of Environmental Protection said. Having found both a sea fan and […]

The 2014 Reef Watch Report was formally presented by the BZS to Minister for Health, Seniors and Environment Jeanne Atherden and the Ministry’s Permanent Secretary Kevin Monkman, today [Dec 17]. The report is a culmination of the data collected during Reef Watch 2014, which was held on Saturday, June 28, and supported by lead sponsor, Hiscox. […]

Warwick Academy’s Year 3 Jabour and Vallis recently had a live Skype lesson courtesy of the Catlin Education outreach programme, which offered the opportunity for students to speak to a member of the Catlin Seaview Survey expedition in the Southeast Asian “Coral Triangle” via Skype in the classroom. Jamie Buchanan-Dunlop and members of the Catlin Seaview Survey […]

Polar explorer and environmentalist, Robert Swan OBE, once said: “The greatest threat to our planet is the belief that someone else will save it.” “Bermuda remains on the precipice when it comes to protecting its natural resources, particularly its coral reef system, which provides us with provision, protection and pleasure. Therefore, it is vital that […]

Thanks to a partnership between the Bermuda Zoological Society and the I Am Water Conservation Trust, which is sponsored by XL Catlin, Bermuda’s students are being exposed to our underwater frontiers through a unique programme called Kids on the Reef. A spokesperson said, “Since Bermuda’s formation, the ocean has run through its veins and served […]

Although the weather may not have fully cooperated on Saturday, June 27th, the Bermuda Zoological Society’s annual REEF Watch citizen science initiative, sponsored by Hiscox, has proven to be another successful year. The event supports the work of the Bermuda Reef Ecosystem Analysis and Monitoring [BREAM] programme led by chief scientist Dr. Thaddeus Murdoch. In […]

A recently published video is showcasing the work that the Living Reefs Foundation is doing with the help of 11th Hour Racing to help protect Bermuda’s coral reefs. The Foundation’s website says, “Living Reefs, a Bermuda Registered Charity, was formed in 2014 to help implement some of the measures needed to keep Bermuda’s reefs and […]

The Bermuda Zoological Society has announced that due to the possibility of Karl impacting Bermuda over the weekend, the Reef Watch event will be postponed until Saturday, 8th October. “Due to inclement weather, we are extending our Reef Watch teams’ survey opportunities for anytime in the next two weeks to ensure that they have a […]

The Bermuda’s Living Reefs Foundation will host a ‘Coral Garden Party’ on May 19 at 6.30pm at the Rosewood Tucker’s Point Resort. A spokesperson said, “Have you ever heard of Coral Gardening? This relatively new approach to restoring coral reefs is now launched in Bermuda. Since August 2016, Bermuda’s Living Reefs Foundation has installed two […]

For the fifth consecutive year, the Bermuda Zoological Society event REEF Watch trained teams of corporate professionals, teenagers and families to conduct coral reef surveys, fish counts and assessments of our reef ecosystem. Scientists collecting dive slates Nineteen teams set out on Saturday, 23 September to sample reefs across the northern platform. With ID sheets, […]

CariGenetics — in partnership with The 2 Frontiers Project and BIOS — led and funded a local study that could help save coral reefs around the world which are being affected by climate change. A spokesperson said, “Since its launch last October, CariGenetics continues to conduct ground-breaking research which will have a positive impact, not […]

In celebration of World Oceans Day, BioQuest announced it has “officially completed the draft reference genome of the Grooved Brain Coral, marking the first-time whole genome sequencing of a coral reef has been accomplished in the Caribbean by the Caribbean.” A spokesperson said, “This groundbreaking work was conducted locally in Bermuda in collaboration with the […]

The LBFA hosted its inaugural golf tournament at Port Royal Golf Course, aiming to raise funds to support youth travel expenses for skill showcases in England and Spain. Related Stories Photos: Cancer Awareness Golf Tournament Photos & Video: Closest To The Pin Charity Golf Photos/Video/360: Butterfield Championship Photos: Summerhaven Trust Golf Tournament Photos/Video: WindReach Adaptive […]

The Marc of Excellence Memorial Football Kick, in honour of the late Marco Warren, was held at TN Tatem Middle School in Warwick yesterday [June 2]. It was organised by Warren’s family and marked the first anniversary of his funeral after being killed in a hit-and-run incident in Hamilton Parish aged 29. Warren was respected […]

On June 9, 2024, fans gathered at the Flora Duffy Stadium in Devonshire for a CONCACAF football match between Bermuda and Honduras, with the match seeing Honduras claim a 6-1 victory. Related Stories Photos: Spectators Supporting Bermuda Team Photos: Devonshire Cougars vs Somerset Photos, Video: Bermuda Fans At Football Match Photos: Bermuda Football Association Awards […]

The Minister of Tourism, Culture, and Sport Owen Darrell visited the Nspire Bermuda Racquets Extravaganza at the W.E.R. Joell Tennis Stadium, where over 200 primary school students participated in tennis and pickleball festivals. The Government said, “Minister of Tourism, Culture and Sport, Sen., the Hon., Owen K. Darrell, JP recently visited the two-day, Nspire Bermuda […]

The Clarien Iron Kids Triathlon took place at Clearwater Beach this weekend, with some of the island’s budding athletes in action. The junior triathlon competition offers a chance to win a $1,000 Clarien Iron Kids Bank account, and the event also has a Tiny Tots Race where little ones aged 3 to 6-years-old can take part, […]

The awards event for the Powerade 5K was held at Butterfield & Vallis in Orange Valley, Devonshire this weekend. The event followed the 5K itself, which saw Sean Trott and Naomi MacGuinness race to victory. Trott crossed the line in a time of 17:29, Thomas Mills was second in 17:33, and Shannon Lawrence finished third […]

The Eastern County Cup cricket competition took place this weekend with crowds of people enjoying the always popular event, which saw Bailey’s Bay claim the victory. You can view all of Bernews coverage of the Eastern County Cricket Association here. Related Stories Photos: Attendees At Eastern County Cup Event Photos: Eastern County Cup Cricket Event […]

The Cup Match 2024 awards presentation was held after the match, which saw Somerset claim yet another victory in the annual Cup Match classic. For all our coverage of Cup Match click here and for comprehensive coverage of all aspects of Cup Match please see our dedicated website BernewsCupMatch.com. For extensive coverage of Cup Match spanning over a decade, visit our […]

Bermuda’s Paralympic team is preparing to take part in the opening ceremony today [Aug 28] in Paris, France, with Jessica Lewis set to proudly carry our flag. Joining her in the opening ceremony will be Bermuda teammate Yushae DeSilva-Andrade as well as coaches and local officials. The opening ceremony is scheduled to get underway at 3.00pm Bermuda […]

The Eastern County Cup cricket competition took place this weekend with crowds of people enjoying the always popular event, with Bailey’s Bay winning the Eastern Counties Cup final after defeating Flatts Victoria. You can view all of Bernews coverage of the Eastern County Cricket Association here. Related Stories Photos: Bailey’s Bay Retain Eastern Counties Cup Bay Defeat Flatts […]

The Bermuda Junior Badminton Tournament was held on Saturday [Oct 12]. A spokesperson said, “Bermuda Junior Badminton organised the first ever national tournament to encourage players across the island to compete in badminton and grow the popularity of the sport. “The 2 day tournament was held at Somersfield Academy and was organised by Emma Moran-Lee […]

The Bermuda Motocross Association held their season opener at the Southside Motorsports Park in St. David’s. A’jahni Foggo won all three races to win the 85cc class, with Azai Burt finishing second three times to finish second, Mikah Alves crossed the line third three times. In the over-30 Class, Lorenzo Burch took the checkered flag […]

[Updated - Officials now say it was part payment] The Bermuda Government received payment on the confiscation order made by the UK courts, the police said today in relation to the theft case which Jeffrey Bevan was convicted for his role in. A police spokesperson said, “In January 2011, Mr. Jeffrey Bevan, [a UK national], […]

The Bermuda Police Service said they stand with other jurisdictions around the world in supporting Anti-Money Laundering Day on 29th October. Acting Assistant Commissioner [Crime] Nicholas Pedro said, “The Bermuda Police Service stands with other jurisdictions around the world in supporting and celebrating Anti-Money Laundering Day on 29th October. “Money laundering presents many dangers, especially […]

Robert Wilson of Gombey Evolution Troupe, Dennis Parsons of Places Gombeys and the late Lawrence “Stickers” Hendrickson Jr and Carolyn “Granny” Hendrickson will be honored at this evening’s Bermuda Gombey Festival, which is set to start at 5pm at the Botanical Gardens. A Government spokesperson said, “The Department of Culture is thrilled to pay tribute to […]