ACE Tempest Reinsurance Ltd., the ACE Group's Bermuda-based property and specialty catastrophe reinsurer, has appointed Guy Swayne to the position of Chief Underwriting Officer, International.

Mr. Swayne will assume responsibility for the day-to-day management of ACE Tempest Re's international catastrophe business and will report to Andreas Lewin, president of ACE Tempest Re.

Mr. Lewin said: “I am delighted to welcome Guy to ACE Tempest Re. His wealth of experience in both the conventional and non-traditional reinsurance market will be a great asset to our international underwriting team as we continue to deliver consistent, value-added reinsurance products to our clients.”

Previously Mr. Swayne was executive vice-president, ACE Financial Solutions International (ACE FSI) with responsibility for managing the ACE FSI business in Europe and Australia. ACE FSI, the Bermuda-based subsidiary of ACE Bermuda Insurance Ltd., provides non-traditional insurance and reinsurance solutions for international companies.

The Bermuda International Business Association has named Jamela Daniels its new Local Events Coordinator. She will be responsible for organising local events such as the College Student Networking Event and International Business Week.

Ms Daniels has a Bachelor of Fine Arts Degree in Communications and a background in radio as well as sales and marketing.

BIBA CEO, Deborah Middleton said: “We are delighted that Jamela has accepted the position at BIBA as it takes a unique person with a combination of talents and a maturity beyond their years to undertake this role. Jamela will be speaking in schools, on radio and TV as well as organising high profile local events to raise awareness of the opportunities in international business to our youth and community as a whole.”

Kentucky Fried Chicken (Bermuda) Ltd. intends to repurchase up to 50,000 shares from existing shareholders, which represents 8.39 percent of its outstanding shares. The reason for the securities repurchase programme is to reduce the number of outstanding shares of the Company to under 500,000 shares. During the first quarter of 2005 the company did not repurchase any of its shares.

Masters Limited will commence a repurchase programme for its Common Shares. Up to 100,000 shares may be repurchased, which represents 7.46 percent of its outstanding shares. During the first quarter of 2005 the company did not repurchase any of its shares.