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Reinsurance

"Gerova shares suspended on NYSE"

Trading in shares of Bermuda-based Gerova Financial Group was yesterday suspended on the New York Stock Exchange (NYSE). Michael Hlavsa, chief financial officer of Gerova, said: “After a discussion with the NYSE, we concur that the best decision was...
Feb 25, 2011
International Business

"Osmium changes name to Revelation"

Bermuda-based investment manager Osmium Capital Management Ltd is changing its name to Revelation Capital Management Ltd. In a statement, the firm said the new name “symbolises our core beliefs and demonstrates the process behind our strong performan...
Feb 25, 2011
International Business

"Kingate adviser FIM to close doors"

The fund firm that provided consultancy services to the Bermuda-based Bernard Madoff feeder fund, Kingate Management, is to wind up its operations. FIM Ltd stated in regulatory filing that it would “will cease activities within the foreseeable future...
Feb 25, 2011
Sailing

"Sailors in desperate straits"

Bermuda Sailing Association president Tim Patton said the sport would be unsustainable in its current form if the funding figures released in last week’s Budget proved correct. According to the Department of Youth and Sport, sailing’s grant is estima...
Feb 25, 2011
Other

"Fay named emedia PR manager"

Michael Fay has been appointed public relations manager at emedia. After completing a six-week internship at emedia almost a year prior, Mr Fay has returned to the company to take on a new challenging new role. With a diverse background including ph...
Feb 25, 2011
Opinion Writer

"Don’t switch to junk in tough times!"

Ok everyone, a quick quiz. Are burgers, fries and sodas suitable for cats and dogs? Would you feed your pet a bag of Doritos and a can of Coke? If you heard that Dunkley’s was feeding its cows Pop Tarts for breakfast, would you approve? No, no, no o...
Feb 25, 2011
Opinion Writer

"Where did Bermuda go wrong?"

What’s goin on Bermuda? I was chatting with some brothers at church the other night, planning our Men’s Day, (quick plug for Marsden First United Methodist Church’s Men’s Day June 26), and we were wondering where we went wrong as a community especial...
Feb 25, 2011
Arts & Entertainment

"Griot Sessions return to Chewstick tonight"

Griot Sessions return to Chewstick tonight. Kombat will perform ‘Hope for the Hood' as part of the show. His interview-style performance will follow a young man on his journey to reacquaint himself with home after leaving the Island to study at Clark...
Feb 25, 2011
Other

"New police officers face ‘great challenges'"

Bermuda's latest police recruits officially joined the ranks at Recruit Foundation Course 73's passing out parade. The one hour ceremony in front of Police Headquarters was distinguished this year by the first ever female leader, Inspector Charlene T...
Feb 25, 2011
Letters to the Editor

"Letters to the Editor, 25 February 2011"

Difficult decision to make February 22, 2011 Dear Sir, I would like to reply to my friend, Allan Marshall’s spirited response to my letter concerning Tucker’s Point. There are a lot of rumours circulating concerning the financial situation with respe...
Feb 25, 2011
Tourism

"Calls for clarity on Tourism ad strategy"

The Minister of Tourism should outline Bermuda's advertising strategy, and its cost, after members of Government made contradictory statements this week. Bermuda Democratic Alliance leader Craig Cannonier said it was important Minister Patrice Minors...
Feb 25, 2011
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