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Reinsurance

"XL estimates up to $185m in Thai flood losses"

XL Group plc expects to take a hit of between approximately $135 million and $185 million from the Thailand floods in the fourth quarter of 2011 Approximately two-thirds of these losses relate to the company’s insurance segment. In addition, the comp...
Jan 12, 2012
Letters to the Editor

"Bermuda needs a casino "

January 10, 2012 Dear Sir, I see that Ministers are considering allowing cruise ships to open their casinos in port, and I am almost certain that there is an international law which states that all cruise ships must close their shops and casinos in p...
Jan 12, 2012
Running-Triathlon

"Local boy Estwanik favourite for Triangle Challenge title"

Top local runner Chris Estwanik will be the overwhelming favourite for the Bermuda Triangle Half Challenge. Estwanik, who missed the Fairmont to Fairmonth Road race last weekend as he was off Island, has opted for the three race series rather than co...
Jan 12, 2012
Bermuda Stock Exchange

"KeyTech down 1.78%"

KeyTech Ltd dipped 10 cents (1.78 percent), with 500 shares trading, closing at $5.50 on The Bermuda Stock Exchange (BSX). Argus traded 3,000 shares with no change in share price, closing at $4.20. Overall, the BSX dipped 1.24 points (0.12 percent) ...
Jan 12, 2012
Local Business

"Argus responds to shareholder concerns"

Argus Group, which has suffered a total of $144 million in losses over three years, took the unusual step of replying to a series of questions levelled by a concerned shareholder during the company’s Annual General Meeting. The insurer and pension pr...
Jan 12, 2012
Football

"There’s more to come from Wells, says Parkinson"

Bradford City manager Phil Parkinson has hailed Nahki Wells’ desire to listen learn and believes it’s one of the main reasons behind his goalscoring form. The 21-year-old has started City’s last five matches alongside top scorer James Hansen – scorin...
Jan 12, 2012
Football

"Bean ready for international return"

Keishen Bean has paved the way for an international return by making himself available for Bermuda’s proposed friendly fixture next month. Bean took no part in his country’s World Cup qualifying campaign due to personal reasons, but is ready for a re...
Jan 12, 2012
Local Business

"Argus’ $144 million in losses since 2009; A closer look"

Argus Group lost a total of $144 million in the past three years, mainly on its Butterfield Bank stake and soured non-core investments. CEO Alison Hill and Chief Financial Officer David Pugh, who sat down yesterday with The Royal Gazette to talk abou...
Jan 12, 2012
Running-Triathlon

"Minors v Mouchette is too tough to call"

Bermuda Track and Field Association president Donna Watson takes a look at her ones to watch in Friday night’s KPMG Front Street Mile. Primary School Girls This is a very wide open division. I am going to put my neck out and say that Ashley Irby will...
Jan 12, 2012
Other

"Tributes paid as last Talbot Brothers band member dies"

With the death on January 5 of Rodney Harrisford Hilton Tucker, Bermuda bade farewell to another of its well-known and gifted musicians. Born on July 11, 1930, into a musical family both his mother and grandmother were organists, and his uncles were...
Jan 12, 2012
Running-Triathlon

"Training in Kenya would help Marshall reach the top"

Olympic hopeful Lamont Marshall has the makings of a world-class athlete. That’s the opinion of past World Marathon Champion, Douglas Wakiihuri, who has personally offered his services and expertise to help the top local distance runner take his game...
Jan 12, 2012
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