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Letters to the Editor

"Baffled by our desire to keep people out"

September 5, 2013 Dear Sir, I really can’t understand why we in Bermuda are so anxious to keep people out. Bermudians are leaving the country in droves, and yet it is almost impossible to get permission to live here. When foreigner buys a home or con...
Sep 09, 2013
International Business

"Brit Group to open branch office in Bermuda, hires executives"

Brit Group, a global specialty re/insurer, has announced that it is looking to expand its distribution network by opening a branch office in Bermuda. The move is subject to final regulatory approval from the Bermuda Monetary Authority and Lloyd’s, s...
Sep 09, 2013
Local Business

"Reinsurance executives see struggle to boost rates"

Bermuda reinsurance executives gathering for their annual get-together in Monte Carlo this weekend will be considering their response to increasingly popular alternative insurance-linked investments that are driving down prices in the industry. Inves...
Sep 09, 2013
Politics

"Premier to attend Overseas Territories meeting in Gibraltar"

By Gareth Finighan Premier Craig Cannonier will be in Gibraltar this week to attend meetings with other Overseas Territories leaders. The talks will focus on a Joint Ministerial Council meeting, which will be held in London in November. Premier Cann...
Sep 09, 2013
Other

"Mirrors graduates are honoured"

A group of young people were honoured this weekend as they graduated the Mirrors Programme’s six-day Residential Intensive course. In a ceremony at the Grotto Bay Hotel on Saturday, the 16 graduates were praised for their progress and urged to contin...
Sep 09, 2013
Bermuda Stock Exchange

"KeyTech up 6%"

The Bermuda Stock Exchange closed the week up 14.01, or 1.21 percent, at 1,155.30. Butterfield Bank rose 1.5 percent to $1.39 as 21,100 of the shares traded. Bermuda National closed unchanged at $12.10 as 3,088 shares changed hands. West Hamilton was...
Sep 09, 2013
Other

"Stevenson’s whale research is a big hit"

Andrew Stevenson immediately clicks delete when he receives e-mails from businesses asking to help promote his website. He hardly needs any help as www.whalesbermuda.com just had its two millionth hit this week. Mr Stevenson is the author of numerou...
Sep 09, 2013
Letters to the Editor

"The more things change...."

September 8, 2013 Dear Sir, The more things change, the more they remain the same. Here’s a shot of GP1 illegally parked on double yellow lines at 5:15pm on a Friday when everybody is trying to get out of town. With JetGate, hiring friends at consu...
Sep 09, 2013
Crime

"Bermudian jailed in Trinidad for drug importation"

A Bermudian man has been jailed for five years in Trinidad after attempting to smuggle drugs out of the country. Che Pennyman, formerly of Hamilton Parish, was stopped by narcotics officers at Piarco International Airport attempting to board a Britis...
Sep 09, 2013
Opinion Writer

"Bond yields on a leash"

How high will bond yields rise and where does the rout in US Treasury securities cease in the short term? This question has been on bond investors’ minds for some time now. Much of the recent rise in yields is likely related to investor concerns ...
Sep 09, 2013
International Business

"Montpelier Re launches Risk Institute"

Bermuda’s Montpelier Reinsurance has announced the launch of the Montpelier Risk Institute (MRI). The partnership with research institutions will target new methods for quantifying risk. The re/insurer said in a statement that the virtual risk instit...
Sep 09, 2013
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