Posts made in June, 2013

Argus reports earnings of $12.6 million

Posted by on Jun 24, 2013 in Local News & Alerts | 0 comments

Argus reports earnings of $12.6 million

  Argus records $12.6 million earnings due to the continued strong operational performance. Shareholders’ Equity of $95.5 million, substantially in excess of statutory capital requirements. Payment of dividend reinstated.   Argus Group Holdings Limited (the “Group” or the “Argus Group”) today announced earnings of $12.6 million for the year ended March 31, 2013, compared to $1.7 million in the prior year. These positive earnings represent a year of continued recovery for the Argus Group and were achieved against a backdrop of prolonged economic recession, both locally and...

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Schools, business and a church join CableVision in food drive

Posted by on Jun 20, 2013 in Local News & Alerts | 0 comments

Schools, business and a church join CableVision in food drive

Following on the strong support from the community for its recent food drive in support of The Eliza Dolittle Society’s food bank, Bermuda CableVision today announced that it has expanded the initiative with new community partnerships. Response from the public has been so positive that Bermuda CableVision has decided to make the food drive an ongoing programme, one that can support different charities throughout the year. Named “Open Hands, Loving Hearts,” the Bermuda CableVision food drive now has the support of a growing number of churches, schools and business establishments. It...

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Institute of Directors Bermuda Branch almost doubles membership in first six months

Posted by on Jun 18, 2013 in Local News & Alerts | 0 comments

Institute of Directors Bermuda Branch almost doubles membership in first six months

The Bermuda branch of the Institute of Directors has almost doubled its membership from 46 members to 89 members in the first six months since the organization re-launched. While the organization has added to its membership by 93 per cent, it still continues to welcome new members and this Thursday, June 20, it will hold an awareness event to further educate directors in the Bermuda business community about the benefits of belonging to this well-established UK-based organization and the associated Bermuda branch. Roger Gillett, Chairman, Institute of Directors Bermuda branch, says:...

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CATLIN GROUP LIMITED MAKES $1 MILLION DONATION TOWARDS WHY IT MATTERS CAMPAIGN

Posted by on Jun 11, 2013 in Editor's Choice, Featured Article, Local News & Alerts | 0 comments

CATLIN GROUP LIMITED MAKES $1 MILLION DONATION TOWARDS WHY IT MATTERS CAMPAIGN

This latest donation takes the running total for the campaign to $29 million since its launch in April 2011. BHCT is leading this capital campaign with a target of $40 million to put towards the KEMH Redevelopment Project. The project’s overarching aim is to deliver an enhanced level of hospital care for the benefit of the whole community. Stephen Catlin, Chief Executive of Catlin Group Limited, says, “The new acute care wing will be a state of the art facility that the Island can be very proud of. All of us at Catlin are delighted to provide financial support to this important campaign...

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Polaris Holding Company announces new Chairman and Deputy Chairman

Posted by on Jun 6, 2013 in Local News & Alerts | 0 comments

Polaris Holding Company announces new Chairman and Deputy Chairman

Polaris Holding Company Limited, the parent company of Stevedoring Services Limited; Equipment Sales & Rentals, Ltd; and Mill Reach Holdings Ltd. today announces the appointment of Cheryl Hayward-Chew as Chairman and Wayne Caines as Deputy Chairman, effective immediately. Cheryl Hayward-Chew is President & CEO of the Meyer Group of Companies. She is the first female Chairman of Polaris Holding Company Limited and has been a Board member since 2006. She is also on the Boards of the Meyer Group of Companies; Freisenbruch-Meyer Group; Bermuda International Shipping Ltd; Bermuda Chamber...

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