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PartnerRe Ltd has announced loss estimates of approximately $500 million from the earthquake and tsunami that struck Japan last month the biggest loss posted by any Bermuda-based insurer so far for the event.
The net loss for the event, which will be...
DATE: Apr 13, 2011
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Bermuda re/insurer Alterra Capital Holdings Ltd expects losses of up to $100 million from last month’s Japanese earthquake and tsunami.
The company said in a statement today that its preliminary loss estimate of between $60 million and $100 million, ...
DATE: Apr 13, 2011
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A 35-year-old man has been charged with sexually assaulting a minor, as well assaulting two people who tried to intervene.
The man, who cannot be named for legal reasons, made no plea in Magistrates’ Court, as his case must be dealt with by the Supre...
DATE: Apr 13, 2011
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AUTHOR:
Jonathan Bell
Flatts village is not as flat as it used to be, thanks to two speed bumps that were officially launched by Minister of Public Works Derrick Burgess this morning.
The first hump, outside Indigo restaurant, caused some controversy when it was installe...
DATE: Apr 13, 2011
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Environmental pressure group BEST today said it had 'serious concerns' about combining planning and housing into one Ministry.
Earlier this week it was announced that Walter Roban, the Environment Minister with responsibility for planning, would be t...
DATE: Apr 13, 2011
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Education Minister Dame Jennifer Smith today praised the efforts of school children who won the 2011 Earth Hour essay competition.
Earth Hour was held last month and is aimed at getting people to cut power use for one hour.
The competition was sponso...
DATE: Apr 13, 2011
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Alcohol is a $100 million dollar industry “largely un-policed” in Bermuda, according to the anti-drinking and driving organisation CADA.
Chairman Anthony Santucci told Hamilton Rotary Club yesterday that the group has successfully lobbied for changes...
DATE: Apr 13, 2011
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AUTHOR:
Jonathan Bell
Bermuda’s summer ferry service cuts were the result of “tough decisions” by Marine and Ports, Government announced today.
“It was a difficult decision to completely eliminate the commuter service from the East End,” acting Transport Minister Michael ...
DATE: Apr 12, 2011
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AUTHOR:
Jonathan Bell
A 43-year-old tourist received a hefty fine for importation after cannabis was found in his cruise ship cabin.
Edward John Molinari, from New York, admitted in Magistrates’ Court to the April 11 offence of importing drugs and drug possession.
The cou...
DATE: Apr 12, 2011
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AUTHOR:
Jonathan Bell
By Jonathan Kent
Bermuda-based Omega Insurance Holdings Ltd expects losses of around $23.6 million from last month’s Japanese earthquake and tsunami.
The company also gave updated estimates of its losses from January’s Queensland floods of $7.6 milli...
DATE: Apr 12, 2011
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