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Reinsurance

"Assured Guaranty in legal battles with Lehman and EMC"

Hundreds of millions of dollars are at stake as Bermuda-based bond insurer Assured Guaranty Ltd fights legal battles on two fronts. The UK unit of folded investment bank Lehman Brothers, which went bankrupt in September 2008, claims it’s owed more t...
Dec 01, 2011
Letters to the Editor

"Why impose dog ban?"

November 24, 2012 Dear Sir, The Government Vet’s recommendation to ban dogs from the UK has forced me to write my first ever letter to the Editor. Bermuda has unique ties with the UK. It has been a major source for many years for residents looking t...
Dec 01, 2011
Bermuda Stock Exchange

"WHH’s big trade"

West Hamilton Holdings Ltd traded 6,000 shares on The Bermuda Stock Exchange (BSX) yesterday. But the company, which is the developer for Belvedere Place, remained unchanged at a share price of $1.20. Overall the Index also opened and closed at 1,081...
Dec 01, 2011
Politics

"Senators’ minds taxed by Custom duty rate rise"

Senators yesterday spent about 40 minutes discussing whether Bermudians understand the “real reasoning” behind the recent increase in Customs duty. Several Senators chose to jump in on the debate about the Island’s residents having to pay ten percen...
Dec 01, 2011
Cricket

"Smith left feeling hurt and betrayed"

Clay Smith said he felt betrayed by his own club who hung him out to dry during Bermuda Cricket Board’s presidential election earlier this week. The ex-national team skipper went into Tuesday night’s AGM confident he had the full backing of St George...
Dec 01, 2011
Reinsurance

"Byrne’s Omega bid hangs in the balance"

Mark Byrne’s attempt to buy a 25 percent stake in Bermuda-based Omega Insurance Holdings was hanging in the balance last night. Early yesterday, the offer of Mr Byrne’s investment vehicle Haverford Bermuda Ltd to acquire a quarter of the insurer’s sh...
Dec 01, 2011
Other

"Highly Accredited"

Dear Sir, I am writing to correct an error in the business column written by Mr Nathan Kowalski in The Royal Gazette on Monday, November 21, who assumed that BHB is not accredited because it is not on the Joint Commission International (JCI) website....
Dec 01, 2011
Letters to the Editor

"Close private schools "

November 24, 2011 Dear Sir, Allow me to discuss the future of a Bermuda that we all speak about but don’t travel the lip service road to get there. I’m talking about the last bastion of the old ways that divided us and continues to be a thorn in all ...
Dec 01, 2011
Young Observer

"How Newton’s Third Law allows human space travel"

Why can’t an aeroplane just fly into space? Why do we need rockets? Most of the time air may not seem like a very real substance. But when the wind blows so hard it nearly knocks you down, air seems very real indeed. Aeroplanes can fly because air m...
Dec 01, 2011
Arts & Entertainment

"Artist Lexy ‘doing what makes me happy’"

A few months ago Lexy Correia walked away from a job as a corporate administrator to become a freelance artist a move some people considered suicidal in the current poor economy. Not only did she survive the leap, she is thriving. Her first solo show...
Dec 01, 2011
Other

"ANNIVERSARY CLUB"

Congratulations to: Samantha Hill of Watlington Road East, Devonshire whose birthday is today. Nyasha Burch of Watlington Road East, Devonshire whose 12th birthday is today. Mr Vincent Glen and Mrs Althea Iris of Curving Avenue, Pembroke whose 20th w...
Dec 01, 2011
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