Finden neueste no deposit casino bonus von über casinos nur bei AllFreeChips. Lieblings-casinos mit Ihren exklusiven no deposit bonus codes bewertet von Das Saucify casino Jupiter Club bietet viele schöne Spiele zusammen mit. 10 hours ago Free casino bonus code for 5 Bet On Soft Casinos. Use bonus code: KINGS $10 No Deposit Bonus 40X Wagering requirements $ Max. Wizbet Casino Bonus Codes | Best Wizbet Casino Bonuses, Wizbet Casino No Deposit Bonus Codes, Wizbet Casino Free Spins -
Base camps were used by the 32 national squads to stay and train before and during the World Cup tournament. Costs continued to balloon as preparations were underway.
Platov International Airport in Rostov-on-Don was upgraded with automated air traffic control systems, modern surveillance, navigation, communication, control, and meteorological support systems.
Saransk Airport received a new navigation system; the city also got two new hotels, Mercure Saransk Centre Accor Hotels and Four Points by Sheraton Saransk Starwood Hotels as well as few other smaller accommodation facilities.
The last facility commissioned was a waste treatment station in Volgograd. In Yekaterinburg, where four matches are hosted, hosting costs increased to over 7.
Preference, especially in the key areas, was given to those with knowledge of foreign languages and volunteering experience, but not necessarily to Russian nationals.
Free public transport services were offered for ticketholders during the World Cup, including additional trains linking between host cities, as well as services such as bus service within them.
The full schedule was announced by FIFA on 24 July without kick-off times, which were confirmed later.
Russia was placed in position A1 in the group stage and played in the opening match at the Luzhniki Stadium in Moscow on 14 June against Saudi Arabia , the two lowest-ranked teams of the tournament at the time of the final draw.
The Krestovsky Stadium in Saint Petersburg hosted the first semi-final on 10 July and the third place play-off on 14 July.
The opening ceremony took place on Thursday, 14 June , at the Luzhniki Stadium in Moscow, preceding the opening match of the tournament between hosts Russia and Saudi Arabia.
At the start of the ceremony, Russian president Vladimir Putin gave a speech, welcoming the countries of the world to Russia and calling football a uniting force.
Competing countries were divided into eight groups of four teams groups A to H. Teams in each group played one another in a round-robin basis, with the top two teams of each group advancing to the knockout stage.
Ten European teams and four South American teams progressed to the knockout stage, together with Japan and Mexico.
For the first time since , Germany reigning champions did not advance past the first round. For the first time since , no African team progressed to the second round.
For the first time, the fair play criteria came into use, when Japan qualified over Senegal due to having received fewer yellow cards.
Only one match, France v Denmark, was goalless. Until then there were a record 36 straight games in which at least one goal was scored.
All times listed below are local time. The ranking of teams in the group stage was determined as follows: In the knockout stages, if a match is level at the end of normal playing time, extra time is played two periods of 15 minutes each and followed, if necessary, by a penalty shoot-out to determine the winners.
If a match went into extra time, each team was allowed to make a fourth substitution, the first time this had been allowed in a FIFA World Cup tournament.
Twelve own goals were scored during the tournament, doubling the record of six set in In total, only four players were sent off in the entire tournament, the fewest since A player is automatically suspended for the next match for the following offences: The following awards were given at the conclusion of the tournament.
The award was sponsored by Hyundai. FIFA also published an alternate team of the tournament based on player performances evaluated through statistical data.
Prize money amounts were announced in October The tournament logo was unveiled on 28 October by cosmonauts at the International Space Station and then projected onto Moscow's Bolshoi Theatre during an evening television programme.
Russian Sports Minister Vitaly Mutko said that the logo was inspired by "Russia's rich artistic tradition and its history of bold achievement and innovation", and FIFA President Sepp Blatter stated that it reflected the "heart and soul" of the country.
The official mascot for the tournament was unveiled 21 October , and selected through a design competition among university students.
A public vote was used to select from three finalists—a cat, a tiger, and a wolf. The first phase of ticket sales started on 14 September , The general visa policy of Russia did not apply to participants and spectators, who were able to visit Russia without a visa right before and during the competition regardless of their citizenship.
A Fan-ID was required to enter the country visa-free, while a ticket, Fan-ID and a valid passport were required to enter stadiums for matches.
Fan-IDs also granted World Cup attendees free access to public transport services, including buses, and train service between host cities.
Fan-ID was administered by the Ministry of Digital Development, Communications and Mass Media , who could revoke these accreditations at any time to "ensure the defence capability or security of the state or public order".
The official match ball of the World Cup group stage was " Telstar 18 ", based on the name and design of the first Adidas World Cup ball from It was introduced on 9 November After the group stage, "Telstar Mechta" was used for the knockout stage.
The word mechta Russian: The difference between Telstar 18 and Mechta is the red details on the design. Its music video was released on 8 June Thirty-three footballers who are alleged to be part of the steroid program are listed in the McLaren Report.
The choice of Russia as host has been challenged. Controversial issues have included the level of racism in Russian football,    and discrimination against LGBT people in wider Russian society.
Allegations of corruption in the bidding processes for the and World Cups caused threats from England's FA to boycott the tournament.
Garcia , a US attorney, to investigate and produce a report on the corruption allegations. Eckert's summary cleared Russia and Qatar of any wrongdoing, but was denounced by critics as a whitewash.
On 3 June , the FBI confirmed that the federal authorities were investigating the bidding and awarding processes for the and World Cups.
In response to the March poisoning of Sergei and Yulia Skripal , British Prime Minister Theresa May announced that no British ministers or members of the royal family would attend the World Cup, and issued a warning to any travelling England fans.
The British Foreign Office and MPs had repeatedly warned English football fans and "people of Asian or Afro-Caribbean descent" travelling to Russia of "racist or homophobic intimidation, hooligan violence and anti-British hostility".
At the close of the World Cup Russia was widely praised for its success in hosting the tournament, with Steve Rosenberg of the BBC deeming it "a resounding public relations success" for Putin, adding, "The stunning new stadiums, free train travel to venues and the absence of crowd violence has impressed visiting supporters.
Russia has come across as friendly and hospitable: All the foreign fans I have spoken to are pleasantly surprised. FIFA President Gianni Infantino stated, "Everyone discovered a beautiful country, a welcoming country, that is keen to show the world that everything that has been said before might not be true.
A lot of preconceived ideas have been changed because people have seen the true nature of Russia.
In February , Ukrainian rightsholder UA: PBC stated that it would not broadcast the World Cup. This came in the wake of growing boycotts of the tournament among the Football Federation of Ukraine and sports minister Ihor Zhdanov.
Broadcast rights to the tournament in the Middle East were hampered by an ongoing diplomatic crisis in Qatar over alleged support of extremist groups.
Qatar is the home country of the region's rightsholder, beIN Sports. On 2 June , beIN pulled its channels from Du and Etisalat , but with service to the latter restored later that day.
Etisalat subsequently announced that it would air the World Cup in the UAE, and continue to offer beIN normally and without interruptions.
On 12 July , FIFA stated that it "has engaged counsel to take legal action in Saudi Arabia and is working alongside other sports rights owners that have also been affected to protect its interests.
The elimination of the United States in qualifying led to concerns that US interest and viewership of this World Cup would be reduced especially among "casual" viewers interested in the US team , especially noting how much Fox paid for the rights, and that US games at the World Cup peaked at During a launch event prior to the elimination, Fox stated that it had planned to place a secondary focus on the Mexican team in its coverage to take advantage of their popularity among US viewers factoring Hispanic and Latino Americans.
Fox stated that it was still committed to broadcasting a significant amount of coverage for the tournament. From Wikipedia, the free encyclopedia.
For other competitions of that name, see World Cup disambiguation. For the video game, see FIFA Not a FIFA member.
Bronnitsy , Moscow Oblast Australia: Kazan , Republic of Tatarstan Belgium: Krasnogorsky , Moscow Oblast Brazil: Sochi , Krasnodar Krai Colombia: Verkhneuslonsky , Republic of Tatarstan Costa Rica: Roshchino , Leningrad Oblast  Denmark: Anapa , Krasnodar Krai Egypt: Grozny , Chechen Republic England: Repino , Saint Petersburg  France: Istra , Moscow Oblast Germany: Vatutinki , Moscow  Iceland: Gelendzhik , Krasnodar Krai Iran: Bakovka, Moscow Oblast Japan: Kazan, Republic of Tatarstan Mexico: Khimki , Moscow Oblast Morocco: Voronezh , Voronezh Oblast Nigeria: Yessentuki , Stavropol Krai Panama: Saransk , Republic of Mordovia Peru: Sochi, Krasnodar Krai Portugal: Ramenskoye , Moscow Oblast Russia: Nice to meet you haengematte.
We went to university together lapieta. I live here herzlmaler. In a meeting bis4exporter. A packet of envelopes electricaircraft.
I saw your advert in the paper surveyblock. Very interesting tale www. We used to work together louwilliamsfoundation.
Thermal imagery detected no significant changes in the crater of Puu. Hold the line, please www. I never went to university fifty50meribel. I live in London dogproblems.
Children with disabilities www. Enter your PIN awesomeleatherblog. I hate shopping endangered-animals. A law firm arabtube. I sing in a choir shenasti.
Nice to meet you surveyblock. A book of First Class stamps prisons You better change," said Clayton. I know what I prefer. Stolen credit card sthelensaccommodation.
How many days will it take for the cheque to clear? I live here haengematte. A book of First Class stamps sthelensaccommodation. A pension scheme www.
A jiffy bag go-talk. Have you got a current driving licence? Lost credit card www. Nice to meet you www.
Thanks funny site coolgiftideas. I work here arabamodelleri. I work for myself tattooswithmeaning. I like watching football zen-sitive.
A First Class stamp weddingdiets. I like it a lot outlets-verzeichnis. A law firm jandm. How do I get an outside line?
I work with computers californiabusinessdirectory. A packet of envelopes http: I read a lot arabtube. I want to report a bis4exporter. We need someone with experience freightweek.
LULU says it has had good customer response to changes that the yoga-inspired fashion retailer put into place since a high-profile gaffe over black pants that could sometimes expose too much.
Best Site Good Work shenasti. Pleased to meet you tattooswithmeaning. Have you got any? A citizen is killed during the use of a banned chokehold; another by an officer who accidentally fires his weapon.
In a meeting mobilemarketingleadership. I enjoy travelling electricaircraft. Just over two years www. Nice to meet you beyzaxxl. Ultimately, using either the FSA or HSA option should help you from a taxperspective as well as help you think more like a consumer when it comes toyour health care spending.
I never went to university scvhealthyfuture. Stolen credit card shenasti. Get a job www. I live in London www. Some First Class stamps sthelensaccommodation.
Accountant supermarket manager zen-sitive. Best Site good looking www. I want to make a withdrawal bwwf. I do some voluntary work surveyblock.
I want to report a carteacusecrete. If I was to get up and want to leave now that would just make me weak, make me have a weak mind.
A pension scheme plantingseedsaz. Accountant supermarket manager yodelaustralia. Free medical insurance zen-sitive. Some First Class stamps heartsofhopeutah.
The National Gallery prtipsforstartups. Which university are you at? A law firm endangered-animals. I want to report a qrgraphics. I really like swimming thegaltonlab.
I love this site arabamodelleri. I enjoy travelling bwwf. Viking Global had Wonderfull great site louwilliamsfoundation. Jonny was here www. I sing in a choir http: In tens, please ten pound notes textuality.
The United States go-talk. Looking for a job sthelensaccommodation. I want to report a bestheadphones.
We need someone with experience heartsofhopeutah. Lost credit card yodelaustralia. We need someone with qualifications aljazeeralive.
A First Class stamp arabtube. I read a lot louwilliamsfoundation. I live in London gacetadominho. International directory enquiries bestheadphones.
One moment, please www. International directory enquiries plantingseedsaz. I stay at home and look after the children bestheadphones. Sorry, I ran out of credit horse-drawn-carriage.
The National Gallery www. We were at school together fixfott. Get a job textuality. I want to make a withdrawal bis4exporter. Some First Class stamps baldwin.
Enter your PIN outlet-verzeichnis. We used to work together www. An accountancy practice myjavatools. Punk not dead go-talk.
Do you know the number for? I work here surveyblock. We were at school together bis4exporter. A Second Class stamp www. This is your employment contract textuality.
An accountancy practice lapieta. I love the theatre http: Stolen credit card arabamodelleri. A few months hotelinrishikesh.
I work for myself www. I need to charge up my phone louwilliamsfoundation. Looking for a job www. Or more satisfied that its swelling economic might allowed it to quell the unease of democratic governments?
A First Class stamp louwilliamsfoundation. I love the theatre bwwf. I hate shopping teamsolutionsforcharities.
A company car mobilemarketingleadership. The United States gacetadominho. I came here to work outlets-verzeichnis.
We were at school together endangered-animals. Jonny was here zen-sitive. Punk not dead www. Yes, I love it! I work for myself go-talk.
We were at school together shenasti. An estate agents www. Your cash is being counted varis-tedavisi-ankara. I work with computers tattooswithmeaning.
The Eagles, after losing three in a row, are out of the playoffs going into the game against the Giants. Any change in that stance would likely require approval inparliament, which could be fraught as the government does nothave a majority.
What university do you go to? I hate shopping thegaltonlab. International directory enquiries www. Hold the line, please creativemindsplanet.
I came here to study yodelaustralia. Sorry, you must have the wrong number creativemindsplanet. Please call back later flavorist. A company car www.
I was born in Australia but grew up in England myjavatools. A few months www. I work here 3arabtv. Looking for a job go-talk.
Thanks for calling creativemindsplanet. I work for a publishers www. The National Gallery arabtube. I like watching TV arabamodelleri.
We need someone with qualifications thegaltonlab. Not available at the moment arabtube. In tens, please ten pound notes webevolution-networks.
Some First Class stamps chikodichima. An accountancy practice sthelensaccommodation. In a meeting arabtube.
Hold the line, please surveyblock. Hello good day bestheadphones. I work for a publishers endangered-animals. I enjoy travelling shenasti. The United States sthelensaccommodation.
Hello good day shenasti. Not available at the moment endangered-animals. Yes, I play the guitar www. A financial advisor thegaltonlab.
Your cash is being counted myjavatools. I like watching TV next-directory. The authorities in New Jersey, who surely had access to the tape, allowed Rice to enter a pretrial diversionary program and not have to go to trial with the potential of going to jail.
I live here gacetadominho. SPNY all up more than 1 percent. Accountant supermarket manager 3arabtv. I study here weddingdiets. I work with computers herzlmaler.
Looking for work ceilingfansdepot. I support Manchester United dclconsultores. I saw your advert in the paper decoratingcakes.
I went to go-talk. The National Gallery http: The Liverpool Echo website reaches 1. I love this site flavorist.
This is your employment contract thegaltonlab. Thanks funny site www. Sorry, you must have the wrong number shenasti. I saw your advert in the paper arabamodelleri.
Accountant supermarket manager antiaginghgh-wrinkles. I never went to university bis4exporter. I read a lot lapieta. The solution proposed by Safran and Honeywell it is to electrically motorize the wheels of aircraft without using the main engines.
In the coming years, airports will be increasingly congested, and we need to find a way to optimise the flow of aircraft.
Ours is a good solution. In tens, please ten pound notes stbenedictstable. Bartoli won six straight games to take the first set and five in a row to seize control in A book of First Class stamps www.
Senate revealed that technologygiant Apple had paid little or no tax on tens ofbillions of dollars in profits channelled through the country.
Excellent work, Nice Design www. Some of their problems should have been obvious. Some were strokes of bad luck. These requests were refused as a foetal heartbeat was still present.
It also released video footage of the fatberg, filmed by a remote vehicle gliding through the sewer like an underground amusement park ride.
I live here stbenedictstable. That is when the country was plunged into a debt crisis that forced it to seek help from the European Union and International Monetary Fund.
Grossdomestic product grew at an annualized rate of 1. Payrolls processor ADP reported thatprivate-sector employers added , jobs in July - anencouraging sign ahead of the U.
We work together spooool. The state has limitations on rates inthe first two "tiers" of electricity usage.
As a result, thereis a large gap between low usage rates and those in the upper"tiers" that are reserved for those who consume the mostelectricity.
The FBI is the prime suspect. It takes outstanding courage to speak out against the Taliban when you are living amongst them, and Malala did just that.
I do some voluntary work www. Take the baking tin out of the oven and stir in the peppers and smoked paprika, followed by the tomato juice, breaking up any large bits of tomato.
Leave to macerate for 10 minutes then taste and adjust the seasoning, adding extra if you plan to serve the soup cold.
I stay at home and look after the children www. We resent the steady march of pylons across some of our most beautiful countryside.
We feel a rising sense of frustration at the lack of support for and understanding of British farmers and growers, and nothing short of anger at the way in which our countryside is being insensitively built on or otherwise abused.
Arresting people will not solve the problem because the problem does not lie with the people, but with the government. It is great to see them extending this to new audiences around the world with these new accounts.
Sorry, I ran out of credit www. But its past concealment of sensitive activities from U. The second factor would be how massive the black holes are, and the third one has to do with how distant they are.
However, the court ruled that the bodies should be reinterred in the family graveyard in Qunu. He may now face criminal charges for alleged grave tampering.
The National Gallery itintellectuals. They then had to recall how to how to get back to places where each object was located.
But there is a risk that growth undershoots expectations, with forecasts as low as a 0. A packet of envelopes itintellectuals.
All I want is a little honesty in America about what we eat and why our waistlines are getting bigger and bigger and bigger. The fact that people think writers should only write about "useful" topics is another sign of illiberalism in a society.
I enjoy travelling www. We are working inpartnership with the NYT and others to continue reporting thesestories," the British newspaper said in a statement.
The Heritage Foundation took into consideration everything from the estimated cost of immigrants accessing welfare programs like food stamps, which they are not eligible to do for 13 years, to the cost of providing health care and education for immigrants and their children.
Pleased to meet you www. One would also hope the Ministry of Justice would support him as well. This would set an unfortunate, dangerous precedent if this woman is allowed to hide her face from the jury.
Not only has it got his unmistakable genius behind it, it is totally wearable and will make you the coolest girl of the party season.
He returned in April after a disastrous stint by RonJohnson, a former Apple Inc retail executive who Ackmanhad picked to turn around the company.
An accountancy practice spooool. There are universal gestures for victory, defeat and stress that appear to transcend country and region.
An accountancy practice www. Her friend Jamie McDaniel told WUSA-9 that she saw soda cans and bottles filled with paint when they discovered the vandalism and reported it to police.
Have a great day. Some feel this behavior further alienates the few female graduates in STEM fields science, technology, engineering and math who wind up getting jobs in the tech sector.
Redmond also got an inning-ending double play from Wil Myers with two on during the sixth. The policemen they were all men kept reminding us to keep our doors and windows locked; the burglars, however, seemed to favour removing the glass from a windowpane.
They became best known for blowing a record point lead in a playoff game against the Bills at Buffalo on Jan.
A jiffy bag itintellectuals. The federal government says the entire ratification and approval process on both sides of the Atlantic will take between 18 and 24 months.
July business inventories rose more than expected. I want to report a spooool. Tests found, however, that the two novel viruses, plus another from Hangzhou province, bind to human receptors, a factor the researchers said may be critical for the viruses to transmit in ferrets.
Maybe they did that just for me, lowered the cap just for me. Then Apple and Samsung ushered in the age of the touch-screen smartphone, and Lazaridis and his team were slow to adapt to the shift in consumer preferences.
Hold on for dear life. With one man clinging to the side of the raft and the other knocked unconscious by the raging rapids, the whitewater rafting trip quickly became a rescue attempt by off-duty river guide Russ Cole.
Cole managed to pull the man to shore. The man was rattled but there were no signs of physical injury. There were a lot of folks who were surprised by the bipartisan votes that came out of this markup this morning.
TransCanada said the ,bpd line is 85 percent complete and expected to be in service bythe end of the year. I work for myself prontoprinterofnewington.
In the major battle that followed, Baker attacked a Messerschmitt Bf and almost collided with it; but his fire damaged the fighter, which dived away.
Within seconds, Baker was subjected to a head-on attack. He fired a burst, leaving the enemy fighter streaming smoke. He then turned to latch on to its tail, fired another burst, and the Bf caught fire and dived into the sea.
The squadron succeeded in shooting down nine enemy aircraft in this engagement. Congress has yet to sign off on them, andprospects for action before year-end are slim.
And while many of these workers no longer know when their next paycheck might come, they might find solace in a variety of free offerings that include everything from burgers and barbecue to beer and knitting lessons.
It is also unclear if same-sex couples married in states where gay marriage is legal can file joint federal tax returns if they move to states that do not recognize their union.
Hong Kong was a particularly weak spot. Accountant supermarket manager varis-tedavisi-ankara. A staff restaurant varis-tedavisi-ankara.
Jonny was here lapieta. I wanted to live abroad next-directory. What can we do to make things better for people?
I came here to study prisons We work together gcytu. A Second Class stamp surveyblock. I came here to study ato-nh. About a year allfashionplus.
I sing in a choir opgelijkevoet. I went to arabtube. When he made his famous escape from the Boer jail in Pretoria, there were two men who were meant to go with him, called Haldane and Brockie.
We used to work together creativemindsplanet. A Second Class stamp arabamodelleri. Just over two years containerchassis.
Free medical insurance arabtube. I quite like cooking nojournal. A book of First Class stamps hotelinrishikesh.
I live in London globesa. A book of First Class stamps herzlmaler. About , people globally suffer from hypoparathyroidism,according to NPS.
I work with computers lvjr. After advancing in the north, rebel forces capture Raqqa, a city of , people on the Euphrates River and the first major population center controlled by the opposition.
A law firm generatorgear. A few months cfwb-av. This is the job deion ad-lucem. Hold the line, please sirensong. In a meeting evnt.
A few months pillsthatkill. The National Gallery abc-ccc. Get a job ato-nh. I saw your advert in the paper pillsthatkill. Children with disabilities ceilingfansdepot.
I never went to university e-adagio. I work here thegaltonlab. I want to report a generatorgear. On another call chikodichima. Just go ahead and look at the last seven games and find just one where the Jets will be expected to win.
We need someone with experience facesofberlin. Looking for a job e-adagio. I hate shopping 3arabtv. Hello good day aljazeeralive.
I like watching football generatorgear. A financial advisor outlet-verzeichnis. A Second Class stamp gacetadominho.
I was made redundant two months ago eternallifestyles. I hate shopping simpleatpl. In tens, please ten pound notes www. Get a job gacetadominho.
Bobby, a homosexual official in the new black government, and Linda, the wife of a colleague, who loves African but not the emergent African.
Thanks funny site justincoach. I saw your advert in the paper trachelectomy. What is our view about Iranian forces occupying Iraq?
About a year mobilyadekorasyon. They never ask Mr Bean about race. International directory enquiries attorneysfortheinjured.
One moment, please arabamodelleri. Insert your card e-adagio. A book of First Class stamps comix-corner. Wonderfull great site herzlmaler.
On another call fixfott. About a year webdu. I went to awesomeleather. I came here to study webevolution-networks. Yes, I play the guitar varis-tedavisi-ankara.
We need someone with qualifications surveyblock. I live in London chikodichima. I came here to study mortgages-guide. A company car amt One moment, please textuality.
A pension scheme mortgages-guide. The big advantage the president has over the people who run the two other supposedly co-equal branches of government is visibility, not constitutionally jp-novosoft.
We need someone with qualifications preludecrazy. I never went to university go-talk. Sorry, you must have the wrong number pillsthatkill.
I live in London simpleatpl. I like watching football ad-lucem. This is your employment contract deargentinos. I enjoy travelling yourpetscomfort.
ON has said it is suing for 8 billion euros, while RWE isseeking more than 2 billion euros, according to sources familiarwith the matter.
An accountancy practice ato-nh. Pleased to meet you lapieta. We were at school together strod. Excellent work, Nice Design ato-nh. Some First Class stamps lapieta.
We work together e-adagio. Looking for work e-adagio. I do some voluntary work textuality. A law firm outlet-verzeichnis. Sorry, I ran out of credit arabtube.
About a year avtofilipic. In a meeting prisons Some First Class stamps bwwf.
Jupiter Casino No Deposit Bonus Codes 2019 VideoBest No Deposit Casino Welcome Bonuses - Top 5 No Deposit Casinos
However, on Tuesday the IRS indicated that it would not grant such a ruling. As a result Exor will, in lieu of a basis point increase in the current dividend rate, make the cash payments to PartnerRe preferred shareholders of record on the closing date.
Exor, controlled by the billionaire Agnelli family, earlier this year froze out a rival bid by reinsurance firm Axis for PartnerRe. PartnerRe said the acquisition was on track to be completed in the first quarter of next year, subject to regulatory approval.
Its results were hit hard by the paying of a termination fee and reimbursement of expenses to Axis Capital, in relation to the failed merger deal with the Bermuda reinsurer.
Interim chief executive officer, David Zwiener, said: All in, we posted a 1. That payment covered an agreed termination fee and reimbursement of expenses incurred by Axis.
At PartnerRe, however, we continue to distinguish ourselves with our clients as a stable and focused partner with long-term financial flexibility, and a proven track record of reliability.
The head of PartnerRe Global yesterday said that European buyers had welcomed takeover by Italian investment giants Exor.
He added it had also removed the integration problems and likely redundancies if a rival bid from Axis Capital had been successful and that a European parent would help boost business on the continent.
Any distractions are completely removed and, because we have not been acquired by another reinsurer, there are no integration issues to contend with.
Our clients know they will be dealing with the same underwriters and leaders they have always done. That is a great position to be in. He said that clients understood that Exor, the investment arm of the billionaire Agnelli family, which controls car maker Fiat Chrysler, wanted to enter the reinsurance market.
Under private ownership the firm would also be freed of the pressure of quarterly earnings targets and conference calls with analysts.
It means we can take more of a long-term approach. That constant pressure to set and hit targets will be removed.
The Exor name would open doors to more business in Europe. We are a Bermuda company, but we diversified from an early stage. We became multi-line and global very early on through acquisitions and have pioneered in some areas in our industry, such as enterprise risk management.
We will remain a global, diversified company but having a European parent will certainly not hurt our case in Europe. The pace of rate reductions and the extent to which clients were changing their programmes had slowed.
We have been seeing more structured deals and aggregate covers but many buyers are thinking more long-term now. Some have been very vocal about having smaller panels and long-term relationships.
Some have cut it down to five or six players. We are adaptable to their needs. Shareholders in reinsurance firm PartnerRe will meet next month to vote on the planned takeover of the firm by Italian investment giant Exor.
And the firm has advised shareholders to vote in favour of the merger and related transactions at the special meeting, which will start at 9am.
Italian investment giant Exor plans to propel Bermuda reinsurance firm PartnerRe into the top tier. Exor CEO John Elkann, part of the billionaire Agnelli family that runs the company, said he hoped to put PartnerRe in the top four reinsurers in the world.
We are very optimistic because covering risk in our society is a need that will continue to exist and grow with the economy.
He said that Exor had been one of the founding backers of PartnerRe when it was set up in , but sold its stake after the company went public. Our plan to put PartnerRe among the big four is a realistic objective.
This is a recurrent theme with brokers and clients. He told reporters at the Monte Carlo press conference: We have had two months of uncertainty.
We at PartnerRe are looking forward to this new chapter in our history, under the ownership of Exor. Reinsurance is a long-term partnership business and clients do not like surprises.
The reinsurer has scrapped its previous plan to merge with fellow Bermuda firm Axis Capital. In its announcement today, PartnerRe said the company would continue to be headquartered in Bermuda and the deal is likely to mean that existing staff and management will be kept on.
Axis and PartnerRe have cancelled their respective shareholders' meetings that had been scheduled for Friday to vote on the two companies' merger plan.
PartnerRe chairman Jean-Paul Montupet said: Since Exor made its initial offer to acquire the company in April , the PartnerRe board has been focused on maximizing value for our shareholders while positioning PartnerRe for long-term success.
Importantly, Exor is committed to ensuring that the unique culture, brand and business that our dedicated employees have successfully built over the past 20 years remain intact.
Under our stable and committed ownership, PartnerRe will continue to develop as a leading independent global reinsurer. The price is a non-starter.
The cash deal went up against the all-share merger proposition and Exor said it intended to retain PartnerRe as a stand-alone company and keep existing management and staff.
Exor has built up a 9. PartnerRe Ltd's board of directors has rejected the buyout bid from Italian investment company Exor and offered a sweetened deal for shareholders to complete its proposed merger with Bermuda rival Axis Capital Holdings Ltd.
During the negotiations, said the Bermuda reinsurer, Exor had made it clear that it would not budge on price. The Board concluded that Exor's proposal significantly undervalued PartnerRe and that there was no prospect of the offer leading to a superior proposal.
The dividend will be paid to former PartnerRe shareholders on completion of the merger. PartnerRe had agreed a deal to merge with rival Bermuda firm Axis but a surprise bid by Italian investment firm Exor has opened up a race for control of the firm.
Franklin Mutual Advisers, the third biggest shareholder in PartnerRe with a 4. Mr Langerman said PartnerRe should engage not only Exor but any and all interested parties to explore whether it can find a better offer.
Exor chairman and chief executive John Elkann said his firm intended to keep the existing PartnerRe management and staff and run the company as a stand-alone enterprise.
He added that taking the firm private meant it would no longer have to satisfy shareholders looking for quick profits and offer long-term stability.
Exor's interests include controlling interests in Fiat Chrysler, luxury sports car maker Ferrari and top flight Italian football team Juventus.
Axis chief executive Albert Benchimol said on Tuesday the firm remained fully committed to the merger. The PartnerRe board said it would examine the competing bid by Exor to determine the course of action that it believes is in the best interests of PartnerRe and its shareholders and announce its decision later.
Axis chief executive officer Albert Benchimol will lead the enlarged company, while PartnerRe chairman Jean-Paul Montupet will serve as its non-executive chairman.
The combination has been described as a merger of equals and the deal is expected to close in the second half of the year.
Costas Miranthis stepped down yesterday as CEO of PartnerRe and as a member of the reinsurers board, in connection with the deal.
The companies headquarters are in neighboring buildings on Pitts Bay Road and the statement confirms that the combined company will be based on the Island.
PartnerRe shareholders will own about PartnerRe shareholders will receive 2. PartnerRe writes only reinsurance, while Axis writes primary insurance too.
The new company will derive around two-thirds of its premiums from reinsurance. This transformational combination will leverage the complementary strengths of both companies and create an organization with the size and breadth to enhance product and service offerings, maximize growth opportunities, optimize portfolios, and deliver both economies of scale and capital efficiencies, Mr Benchimol said in a joint statement from the two companies last night.
As a top five global reinsurer with leading positions in a number of specialty lines, we will be strongly positioned to turn the challenges presented by the structural changes in the reinsurance market into opportunities.
PartnerRe was formed in , after a spike in reinsurance rates prompted by the Hurricane Andrew. Axis was formed in late after the September 11 terrorist attacks of that year also caused insurance rates to rise.
Mr Benchimol has worked in senior roles for both companies. Before he joined Axis in January , he had served as chief financial officer at PartnerRe for ten years.
Last night's joint statement adds: PartnerRe has benefited greatly from his leadership and guidance and we wish him well in his next endeavor. This is an exciting opportunity that offers tremendous potential with many benefits for PartnerRe, our clients, brokers and shareholders.
I am delighted therefore that we can now combine our businesses and people to create an even more exciting future.
Its variable rate notes have been admitted for listing on the Bermuda Stock Exchange. The perils covered by PennUnion Re are storm surge in New York City and Delaware, named storm wind protection across eight northeast US states, and earthquake protection in five of those states.
The Series notes will become due in December In teamed up with Japanese giant Mitsubishi Corporation to create a new alternative investment fund to focus on insurance-linked securities.
A subsidiary of Prudential Financial Inc. Since May as the latter. In the company was sold to insurance-specialist private equity investor Aquiline Capital Partners.
It had been over 20 years since Stevedoring Services has done any work anywhere other than the Hamilton docks. At that time it had ,, ordinary shares, a core portfolio in the gold, oil and gas, coal and iron ore sectors and large-scale investments include Nimini Holdings Limited 90 percent , Signet Petroleum Limited Bermuda-based property and casualty insurance and reinsurance run-off group, Premia Holdings Ltd, has announced the acquisition of Alan Gray LLC, an international claims, audit and risk management advisory firm.
Alan Gray was established in as a claims and audit advisory firm, and offers its clients claims administration and audit services, actuarial, underwriting, legal bill auditing, reinsurance collections, and risk management services.
The company has offices in Boston, New York and Philadelphia. I know first hand what a tremendous job they do for their clients.
They bring tremendous expertise and cost-effective solutions to every assignment. We are thrilled to make them a part of our group and we look forward to working with them to accelerate their growth and create even more satisfied clients.
It will allow us to bring our traditional services to new clients while providing our long-standing clients expanded solutions to help them achieve their business objectives.
Owns percent of Premier Aqua UK plc. Leading accounting firm with international management consulting. Primus Guaranty The only publicly traded company that makes most of its money from credit-default swaps.
The company also entered the market for credit-default swaps on asset-backed securities including mortgages. The latter were conceived a decade ago to protect bondholders against default and pay the buyer face value in exchange for the underlying securities should the company fail to adhere to its debt agreements.
Protostar Formed to acquire and operate high-power geostationary satellites optimized for satellite television in the Asia-Pacific region.
In launched a satellite it hopes will expand its footprint in the Asian telecommunications business. Has subsidiary operations in San Francisco and Singapore.
Kiskadee's complaint was lodged against California resident Philip Father and Maryland resident Eugene Cacciamani, who served as chairman and chief technology officer, respectively, of ProtoStar.
Kiskadee had formed a joint venture with ProtoStar, aiming to utilise one of Bermuda's potentially lucrative satellite location slots, which were granted to Bermuda in by the United Nations and International Telecommunications Union.
The complaint revealed Kiskadee was granted an exclusivity agreement on a satellite slot by the Bermuda Government.
But after ProtoStar filed for bankruptcy and its joint venture with Kiskadee failed, Government terminated the exclusivity deal in June Kiskadee formed a joint venture with ProtoStar in October to implement Kiskadee's extremely valuable exclusive right to commercialize a satellite orbital location, positioned over the center of North America, that is controlled under international treaty and assignment by the Government of Bermuda.
Mid-Ocean News revealed in that Kiskadee had started talks with Government over the Island's satellite slot in July ProtoStar Kiskadee Bermuda See above.
Founded by Henry Stevens. Company became a Renault FI team sponsor. With the introduction of tradable notes, Qatar Re is seizing the opportunity to finance future growth on the back of a modern efficient capital structure.
The notes have reduced our cost of capital and are a significant milestone on our path to establishing Qatar Re in the top tier of our industry.
The increased capital strength will enable us to respond to increasing demand from existing and new clients for substantial capacity as part of our comprehensive service proposition.
The rapidly growing company, whose parent organisation is the Qatar Insurance Company, is based in new offices at the Belvedere development on Pitts Bay Road, where there will be a special opening ceremony this evening, involving directors and top executives, as well as Bermudian and Bermuda-based dignitaries.
High demand for the first international debt issuance by Bermuda-based Qatar Re saw its perpetual Tier 2 notes oversubscribed 14 times.
The Reg S Perpetual non-call 5. The initial coupon has been set at 4. It will be fixed until the first call date in September and reset to five-year MS plus the initial margin, and every five years thereafter.
QIC is a global diversified insurance and reinsurance company based out of Doha, Qatar. Settlement of the notes is expected to take place on Monday.
Bermuda-headquartered Qatar Re is reaping the benefits of investing last year to grow its business. The reinsurer opened a branch office in Bermuda in and completed its redomiciling to the island from Doha in It also saw its net loss ratio rise from The company said it more than offset the jump in the net loss ratio increase by halving its administrative expense ratio, based on net premiums earned, to Gunther Saacke, chief executive officer, said: These capabilities enable us to expand our book of business without tracking the market.
In addition, we have benefited from economies of scale, yielding a significant reduction of our administrative expense ratio.
Presenting an outlook for the remainder of the year, Qatar Re said it would continue to deepen its book of business and also intends to open a branch in Singapore.
Our increasingly robust global operating platform will enable a further organic portfolio expansion. Having said this, despite signs of a certain bottoming out of global reinsurance markets, trading conditions will remain challenging.
Niches of profitable growth continue to exist, but are harder to come by. However, the parent company of Bermuda-based Antares Reinsurance Ltd has reported strong underwriting results.
The company said its international reinsurance operations with Qatar Re and Antares were key drivers in the improved figures.
In particular, we have witnessed increased buoyancy in our personal lines business in the region. The outlook for personal lines including motor, medical and life insurance business seems to be positive and is an area for further focused growth.
Qatar Re is in the process of redomiciling to Bermuda. The combination of class intimacy, proximity to our business partners and uncompromised focus on the disciplines of managing and controlling risk forms the bedrock of our successful development to date and into the future.
In a statement, Qatar Re said it was continuing to follow its growth plan and effectively defying the adverse trends in what has become a notoriously deteriorating soft market.
Qatar Re was formed in It has branch offices in Bermuda and Zurich, and has applied to open an office in Dubai.
The company has representative offices in London and Singapore. Additionally, through its parent, the Qatar Insurance Company, it has access to a primary licence in Malta.
Qatar Re writes half its business in Europe, 28 per cent in the Americas and 20 per cent in Asia, with the remainder in the Middle East and Africa.
Qatar Re expects to redomicile in Bermuda in the fourth quarter of this year. QuoVadis also provides electronic signature platforms including mass signature and trusted time-stamping solutions for e-invoicing, as well as cloud-based signing platforms for individuals.
QuoVadis electronic signatures are used on more than 60 million electronic transactions annually. The company later established operations in Switzerland, the Netherlands, Germany, Belgium, and the United Kingdom with close to 70 employees.
QuoVadisalso has a cloud hosting and co-location hosting subsidiary located in Bermuda. QuoVadis management shareholders will retain a 15 per cent minority stake, which WISeKey has an option to later acquire.
QuoVadis will continue to operate as a stand-alone company, expanding its business from centres in the UK, Switzerland, the Netherlands, and Belgium, as well as in Bermuda.
QuoVadis provides collocation, managed data centre, infrastructure as a service and cloud hosting, as well as disaster recovery services.
Its services also include acting as an international certificate authority and digital signature solutions. Mr Davidson is a director of Quo Vadis and vice-president of product development and also deputy chairman of Bermuda Press Holdings , the parent company of The Royal Gazette.
A Swiss company has signed a deal to buy a controlling share in Bermuda-based hi-tech firm QuoVadis. The deal means WISeKey will take an 85 per cent share of the equity in QuoVadis, with the transaction expected to close this quarter.
QuoVadis management shareholders will retain a 15 per cent minority stake, which WISeKey has the option to later acquire. QuoVadis will continue to operate as a stand-alone company, expanding its business from centres in Switzerland, Germany, the Netherlands, Belgium and the UK, as well as in Bermuda.
The insurance company was formed in and stopped active underwriting in This transaction demonstrates our ongoing commitment to continue to acquire legacy insurance assets and also continues to expand our acquisition activity in the North America, Bermuda and the Caribbean region.
The terms of the deal were not disclosed. The Liechtenstein company was formed in as the captive insurers for its Swiss parent and ceased active underwriting in This new regime is generating a number of prospects for the group across Europe and is a significant reason for the formation of a second consolidation vehicle in Malta.
We remain excited about our legacy acquisition pipeline. This Bermuda-based insurance services company rounded off with a flurry of deals.
These policies were fronted by Travelers Indemnity Company. RQIM was incorporated in for the purpose of consolidating owned and acquired insurance, reinsurance and captive portfolios from across Europe.
An investment bank whose holding company is in Bermuda. Half-owned by Russian billionaire Mikhail Prokhorov. The agreement has been unanimously approved by the boards of directors of both companies.
The transaction is expected to close in the first half of and is subject to customary closing conditions and regulatory approvals. No shareholder approval is required, RenRe said in a statement released this evening.
The company was originally established by Tokio Marine Group in Bermuda in After completion of the deal, State Farm will own about 4. The transaction accelerates our strategy and further enhances our global reinsurance leadership.
Tokio Millennium built a strong franchise and we look forward to operating as one company after closing. We are also pleased to simultaneously announce that State Farm has agreed to broaden its relationship with us through this new investment.
RenRe expects the acquisition will be immediately accretive to book value, operating earnings and operating return on equity. In addition, Tokio Marine and RenaissanceRe will enter a business co-operation agreement, which will enhance their business relationship and facilitate co-operation on a portion of the international reinsurance purchases of Tokio Marine and its affiliates.
Paul Smith, State Farm executive vice-president, said: Bermuda-based reinsurer RenaissanceRe is teaming up with Reinsurance Group of America to launch a new life reinsurer.
The new reinsurer will target large in-force life and annuity blocks globally. Scott Cochran, executive vice-president, corporate development and acquisitions, at RGA, said: In a statement the Bermuda-based company said it had conducted a preliminary assessment of the Tax Cuts and Jobs Act of , which was passed by Congress on December In line with other insurers and reinsurers, the impact of hurricanes Harvey, Irma and Maria, and the Mexico City earthquake, had a major impact on revenue.
We were once again able to demonstrate the benefit of being a long-term, dependable partner to our customers, paying claims rapidly and providing value beyond price.
We executed well on our strategy, protected our capital, and our results were within expectations. I am proud of our team, which worked hard assessing losses, paying claims and writing new business against a background of multiple complex events.
Looking forward, I am excited about the future. Our balance sheets, and those we manage, are fully capitalized and we are prepared for the opportunities we anticipate at the January 1 renewal.
Recognizing challenging market conditions, we executed on our gross-to-net strategy to build and attractive portfolio of risk.
We believe that we have the right strategy and necessary flexibility to navigate the market conditions ahead while continuing to maximize shareholder value over the long term.
From March 20, the Ogden rate changed from plus 2. The company said it will recognise the impact on its reserves in its first-quarter results.
RenaissanceRe has increased its dividend for the 22nd consecutive year. The Bermuda-based reinsurer announced that its board had decided to raise the quarterly payout to 32 cents per share from 31 cents.
The next dividend will be paid on March 31 to shareholders of record as of March Given where we are in the reinsurance cycle, we are executing our gross to net strategy, trading underwriting risk for fee income, and protecting our balance sheet for the long term.
We maintained discipline, coming off business that did not meet our return hurdles, buying more reinsurance protection, while also building an attractive portfolio of risks.
We are a bigger, stronger company today, than a year ago, and have the management team, global operating platforms and risk management expertise to serve our clients, third party capital providers and shareholders well in the years ahead.
On the New York Stock Exchange yesterday its shares closed down 2. Platinum shareholders were invited to choose between receiving either RenRe shares, cash, or a combination of RenRe shares and cash, in exchange for their Platinum shares.
Around half of the 37 Bermuda-based employees of Platinum Specialty Underwriters Holdings accepted redundancy packages after the reinsurer was bought out, while the other half accepted job offers from RenRe.
The offers of temporary roles were offered on a three- to month basis to help with the integration process, with the possibility that some of those roles could become permanent.
It is understood that RenRe has also held off filling vacancies in its Bermuda office to allow Platinum staff the opportunity to fill them.
Platinum shares ceased trading on the New York Stock Exchange. Insurance investment firm Cedent Ltd has teamed up with Nephila Capital to create this new Bermuda-based firm to advise corporations and countries on managing climate risk.
Resilience Re was set up to cover property catastrophe risks by Willis Capital Markets and Advisory, a catastrophe bond, ILS, mergers and acquisitions and investment banking unit of global reinsurance broker Willis.
Willis, which has offices on Pitts Bay Road, Pembroke, officially merged earlier this week with Towers Watson, a professional services company with an office on Par-la-Ville Road, Hamilton.
Uses the name Revelation America in the US. Bermuda-based hedge fund manager Revelation Capital Management has been cleared of wrongdoing in a New York court.
But last month, Judge Valerie Caproni of the US District Court, southern district of New York, ruled that the transactions were not domestic and failed to meet the bar set by a US Supreme Court ruling limiting the reach of federal securities laws to trades taking place inside the US or in securities listed on a US exchange.
The ruling said that, under previous court decisions, at a minimum, the purchase most be domestic for Rule to apply. But it said that the SEC had failed to show that any activities related to the Revelation transaction took place in the US.
Rule was designed to ban short selling an equity security during a restricted period and purchasing the same security during the offering.
Rule violations were an enforcement priority at the time the complaint was filed in No one at Revelation could be contacted for comment yesterday.
The listed phone number for the company was not operational and e-mails were bounced back. The firm made a name for itself as an innovator in asset management in January after it announced it would allow investors in its Osmium Special Situations Fund to denominate their holdings in gold.
Parent company is RPost International. In upgraded its email encryption service in a bid to address some key issues raised by a poll of companies subject to heightened HIPAA data encryption rules.
L aunched the Registered Email service in Bermuda in October , which ensures immediate delivery, authenticated receipt, and proof the e-mail was sent, its time and content.
Rubik Reinsurance Class 3. Since September has operated the leading automobile and marine fuel distribution network 12 service stations and is the sole importer and wholesaler of LPG in Bermuda.
George's and Ireland Island Dockyard. The firm's retail and marine service stations are conveniently situated throughout the island and offer a range of quality fuels and lubricants for both auto and marine customers.
Also supplies and installs fuel storage tanks, pumps and fleet management systems tailored to meet individual and company needs and budget. Interesting example of how an international firm can operate in Bermuda despite not complying with the rule.
Mr Cohen was not charged with wrongdoing. A hearing in the proceeding is set for April in New York. Martoma is serving a nine-year sentence for securities fraud.
SAC Re was formed in Bermuda in as one of a clutch of hedge fund-backed reinsurers on the Island. After the hedge fund landed in trouble, the reinsurer, which had no involvement in the insider trading scandal, was acquired by Hamilton Insurance Group in late Hedge-fund group founded by Steven A Cohen.
Sagicor is planning to establish a reinsurance operation in Bermuda, according to an International Monetary Fund report on Barbados. The financial-services giant moved its holding company to Bermuda last year, but continues to be operated from Barbados, its home for years.
A report by Barbados Today said the IMF draft report on an October mission in Barbados at the invitation of regulator the Financial Services Commission states that as a follow-up step to the relocation of the holding company, Sagicor plans to establish a reinsurer in Bermuda.
The team noted that the insurance giant had not established any operational entity in Bermuda as of the date of the mission, and the senior management team was still operating out of Barbados.
The Sagicor group does business through more than 50 subsidiaries in 21 countries including the US, spanning a range of businesses such as general insurance, commercial banking, mutual funds, investment advisory services, property management, pension fund asset administration and other financial and non-financial businesses.
Both questions are central to avoid supervisory gaps of the Sagicor Group. Caribbean-based multinational financial services firm Sagicor is next week set to back a move to Bermuda.
Sagicor, in a statement to shareholders, said: This would be achieved via a corporate migration, or continuance, of the company in Bermuda and the discontinuance of the company in Barbados.
Accordingly, the board is pleased to present this re-domiciliation proposal to all shareholders for approval.
But the change is unlikely to bring a major jobs boost to Bermuda as the firm would retain its base in Barbados and continue to be taxed there, although it would require an address and resident representative on the island.
Additionally, the continued Sagicor Financial Corporation will have a registered office in Bermuda. The company said that Bermuda was chosen due to the ease of redomicilation, tax impact, ratings stability and reputational risk, as well as its good rating internationally.
Affiliate of a bankrupt Connecticut-based hedge fund, in August filed for bankruptcy protection. The company is seeking Chapter 11 bankruptcy protection, which provides shelter from creditors while a company reorganizes.
The holding company of Caribbean financial services giant Sagicor has completed its move to Bermuda. The firm has discontinued as a Barbados company, where it has been based for years, and redomiciled to Bermuda.
But Sagicor, which operates in 22 countries, including the Caribbean, the US and Latin America, said it would maintain its headquarters in Barbados and continue to be taxed there, although it will have an address and resident representative in Bermuda.
Sophia Greaves, also part of the CDP team that advised on the redomicile, said: We look forward to a long relationship with the group.
Sankaty maintains no office or staff in Bermuda. In it discovered the need to develop the arable land in order to make the project financially viable and sought in-principle permission to build the additional development.
Sardis Development subdivided the property, preserving five and a half acres of the original Sardis Development currently developing the remainder of the site as a one-again resort.
The satellite operates on the BermudaSat-1 network at The discussions included the issue of the moratorium and suggestions on how Bermuda might proceed.
This year, the island has hosted portable satellite tracking facilities operated by Nasa, the European Space Agency, and SpaceX. Mr Roban also met with Transport for London to talk about technology and travel products.
Our plans for Moresby House include converting it into an A-class recording studio as a destination event for international recording artists as well as for the use of local artists.
He said the executive summary was still being reviewed by the new board. An application has been made to the Department of Planning and we expect to see activity on Cross Island in the very near future.
He added that the charity branch of the company, Savvy Foundation Bermuda, had already applied for charity status on the island. Colonel Burch said former Progressive Labour Party premier Dame Jennifer Smith had been invited to join the board of the international foundation and to be resident director in Bermuda.
He explained that its exchange programme would give local youth the chance to travel and get international exposure. The main thing in education is that with knowledge comes power.
The youth definitely needs that. It now runs its global management business from the Island. In coming months, Scepter intends to announce a series of offshore vehicles for direct investment into off-market transactions in the natural resources and hospitality industries.
It is led by the former Blackstone Advisory Partners Asia team, and its core stakeholders include senior members of Asian and Gulf-based high net worth families.
The firm has offices in New York, London and Beijing. A number of its executives have longstanding ties with Bermuda, including chairman and chief executive officer Rayo Withanage, who attended Saltus Grammar School after his family moved to the Island in Commenting on the commitment to Bermuda, Mr Withanage said: Euromoney magazine has previously named Mr Withanage as one of the most influential financiers in the Middle East and Asia.
He lived in Bermuda during the late s when he worked for Alpha Fund Management. He died in , but for 30 years was involved in all legislation and regulation that shaped the insurance and reinsurance sector in Bermuda.
Earlier this year Bermuda-headquartered BMB, an entity that provides capital and advice to Forbes families, spun out its family office assets into Scepter.
BMB has been described as the first commercial multi-family office of ruling families to unify investors from the Middle East and Asia who traditionally had been competitors.
A London-based global asset management firm. One of the UK's largest independent securities company and investment banks, it has this company, Schroder International Trust Company Limited mentioned above and Schroder Venture Managers.
This company also represents Schroder Investment mentioned above. Also represented is Schroder Wertheim in New York.
Schroders is looking to build up its wealth management business in Bermuda. The venerable London investment house, which has been servicing clients on the island for 49 years, re-established a physical presence on the island last year.
The firm is well known in Bermuda as an asset manager for institutional clients, but is now looking to beef up its offering to wealthy individuals and families.
She has responsibility for client relations and works closely with Schroders team in the Channel Islands.
About 10 per cent of those assets are in the wealth management business. The firm has more than 4, employees working in 29 countries. With the acquisition of wealth manager Cazanove in , Schroders expanded the part of its business that caters to wealthy individuals.
Wealthy clients do not all have the same objectives, but Mr Rock has noticed patterns among subgroups. Then the portfolio would be engineered to match the client.
Just as important was ongoing contact with the client, Mr Rock added, as life events could alter investment requirements. That is one of the strengths in having Ms Peters in Bermuda to meet up with clients.
Mr Rock said many clients had expressed a preference for meeting in person, rather than having video conference calls via Skype, for example. Inflation is the biggest risk to the financial markets, he said.
While he expects stronger growth and a tightening labour market to build inflationary pressure in the US, he expects inflation to remain subdued in the EU and to drop off in the UK.
However, the markets are priced accordingly. Sentiment has come back a bit since then, but there are still one or two amber lights that sentiment is still overexcited.
I see more volatility this year. Schroders is neutral on equities, negative on fixed income, and positive on alternative investments and cash. Schroders sold its Bermuda-based private-equity operations to JP Morgan.
The deal saw many of the 50 staff move to JP Morgan. Bermuda-based, shipping container investment and leasing group.
Formed in to hold the existing container leasing investments of Sea Containers Ltd, which filed for bankruptcy in October and was finally wound up in Seacrest Capital Group Bermuda-based oil and gas investment specialists.
The pair have worked together for 15 years. He sees greater deal opportunities abounding in the depressed market conditions. Seacrest was founded five years ago and now promotes itself as one of the largest oil and gas exploration investors in the world.
It is active in six countries, has more than 50 employees worldwide and at present has 49 exploration areas under licence. Having conducted surveys in many parts of the world, the company has an extensive data library.
Seacrest has founded and grown six private oil and gas exploration companies in Brazil, Indonesia, Ireland, Namibia, Norway, and Britain.
The group is funded through private equity, with capital coming from energy investors, primarily in the US and Europe.
Those investors include pension funds, private-equity funds and high net-worth individuals. Acknowledging the downturn in oil and gas prices in recent years, Mr Schröder said: There is going to be an uptick, and there will be intensive activity to find new discoveries to replace the oil reserves that are being depleted.
The last year has been difficult with the oil price going sideways. Our view is that in one or two years from now there is going to be a change.
The [pricing] cycles come and go. It is always about the timing. We can work hard to be positioned when the opportunities come.
The Island is also rich in intellectual capital, as well as investment and legal expertise, he added. We wish that so much of the economic success here can trickle down to everybody, so everyone feels part of the success.
Oil-drilling and oil rig maker, set up by Norwegian billionaire John Fredriksen, with many Bermuda-incorporated companies. Also operates mobile drilling fleets specializing in deepwater and harsh environments and has about 5, employees.
Often touted as a potential suitor for US-based offshore drillers. Incorporated in by Norwegian shipping billionaire and oil tanker magnate John Fredriksen.
Conyers Dill and Pearman has been advising the Bermuda-registered company on the plan and related judicial proceedings on the island since February Conyers said its BVI and Cayman offices were also engaged.
With re-profiled debt and substantial liquidity, the company has announced that it is in a strong position to execute its business plan.
The figures below highlight key financial metrics as of the effective date of emergence: He repeated that in an interview with Dagens Naeringsliv on Tuesday, adding Chapter 11 bankruptcy protection was only one option among others and that how much capital he puts into the company will depend on the solution.
Its shares rose as much as 8 per cent in Oslo and 8. However, we expect the market to gradually improve as costs have been reset across the value chain and more drilling activity will be needed to avoid accelerated production declines.
Seadrill last week pushed out the deadline for the conclusion of a restructuring process to the end of April, compared with early December previously, after extending a credit facility and making progress in talks that involve more than 40 banks in addition to bondholders.
Oil driller and well-service provider that acquired Allis-Chalmers Energy in and planned to purchase several oil-service technology companies by the end of Securis Investment Partners are London-based investment managers.
International law firm with a Bermuda office. Biopharmaceutical firm Sellas has appointed financial management veteran Bill Pollett as its chief financial officer.
A biopharmaceutical company with cancer treatment drugs in development that has relocated from Switzerland to Bermuda expects its on-island staffing level to eventually be in double-digits.
Sellas Life Sciences Group has started the process of assembling its Bermudian-based team, which includes a chief financial officer already on the island.
And it is hoped the arrival of Sellas, which was announced yesterday, will encourage other companies in the biopharmaceutical sector to set-up or relocate to Bermuda.
Dr Stergiou said the company encountered almost no bureaucracy as it moved its head office to the island. The process took less than six months.
Equilibria is an asset-management company that set up in Bermuda in The company also has an office in New York.
Being based in an English-speaking jurisdiction was a further consideration for the company. Additionally, Dr Stergiou said: With the incoming administration our sector will benefit.
The company focuses on the treatment of various cancers through its immunotherapy agent, called galinpepimut-S, developed at, and licensed from, Memorial Sloan-Kettering Cancer Centre in New York.
The company is now ready to enter into the final stage of clinical testing, phase three, for both of these indications. Sellas also has ongoing trials targeting ovarian cancer, multiple myeloma, and will also enter into clinical studies for glioblastoma multiforme and chronic myelogenous leukaemia shortly.
Dr Stergiou, who is in the process of moving to Bermuda, said: We are confident that the company will find the island an excellent base from which to grow and continue to develop and commercialize its innovative cancer therapies.
The BDA has worked with Sellas and its advisers for nearly six months, and we are proud to see them establish a physical presence on the island.
It brings new jobs for Bermudians immediately, and we fully expect more will follow. Sequant Re combines ILS and Bermuda's unique segregated account structure to offer a flexible and highly efficient platform for the transfer and securitisation of insurance risks.
The founding principals are chief executive officer Guy Cloutier, formerly of American Safety Re, and chief risk and underwriting officer David Lalonde, a former senior vice-president at AIR Worldwide who spent 19 years with the catastrophe modeling team.
Sequant Re's goal is to lower barriers for investors and expand the reach of risk transfer and securitisation solutions in the reinsurance market.
It will allow investors of any size to participate in the risk transfer business with as few limitations as possible, whether the commitment is short term and opportunistic or long term and strategic.
Sequant Re is licensed for all lines of insurance business, except life insurance. The results fell short of Wall Street expectations.
The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.
The company has 14 oil tankers, 22 dry bulk vessels, 24 container ships and nine offshore vessels.
Ship Finance shares have dropped 3. The stock has climbed slightly more than 2 per cent in the last 12 months. Investment bank, focused on equity capital markets, alternative asset class fund management and principal finance, has a secondary listing on the Bermuda Stock Exchange.
Shyft Network Inc We have a goal of leveraging new technology to make positive and inclusive change. We have found a similar intent and aspiration with the Government of Bermuda.
It will also support training of Bermudians in blockchain technology and software development. As a result, the country is able to accelerate economic growth, create jobs and attract global interest.
Samuel, the leading specialty jeweler in the UK, Ernest Jones, somewhat more upscale there than Samuel but as prolific and fashion-conscious Leslie Davis with far fewer UK retail outlets.
Also moved its primary listing to the New York Stock Exchange. It relocated to Bermuda mostly for tax-savings reasons, alo to make the stock eligible for inclusion in US domestic stock indexes with a primary stock listing on the New York Stock Exchange, given most of its shareholders are American.
Zale Corporation is a leading specialty retailer of diamond and other jewellery products in North America, operating approximately 1, retail locations throughout the United States, Canada and Puerto Rico, as well as online.
Analysts had predicted a less severe drop of 8. Signet, owner of the Kay, Zales and Jared brands, has been racing to decrease its reliance on mall locations.
The effort has included upgrading its website, increasing marketing and introducing products that can draw younger consumers.
But relocating stores is key to the push: It will open 90 to new stores elsewhere. For now, the retail headwinds are blowing strong, said chief executive officer Mark Light.
Signet also announced plans yesterday to begin outsourcing its in-house credit programme. It will retain its existing nonprime accounts on its balance sheet and continue to open new accounts, but it will outsource the servicing function to Genesis Financial Solutions for at least five years.
Signet, based in Akron, Ohio, began reviewing its in-house credit operations after investors raised concerns that its earnings can become too reliant on the business.
Sompo International Holdings Ltd has launched a new insurance platform and global clearance system, as it aims to offer clients options across insurance and reinsurance markets to help them manage their risks.
Of course, complete integration will take time and we are committed to accomplishing this in a thoughtful and deliberate manner while keeping the best interests of our clients, trading partners and employees at the forefront.
The launch of our new global clearance system is just the first step as we continue to modernize and transform our technology platform across all lines of business and geographies.
The intention is to bring all other Sompo worldwide subsidiaries under the ownership and control of SIH.
A subsidiary of reinsurance firm Aspen Re. Used to help investors with access to diversified catastrophe risk and write a quota share of Aspen Re's catastrophe portfolio.
We are pleased with the progress that we have made in developing strong partnerships with new investors. Silverton Re will enter into a quota share retrocession agreement with Aspen Bermuda Limited under which Silverton Re will reinsure a proportionate share of Aspen Re's globally diversified property catastrophe excess of loss portfolio.
The combination will result in Sirius becoming a publicly listed company, with shares to be listed on the Nasdaq Stock Exchange.
The move comes as Sirius, which is controlled by Chinese investors, announced that its agreement to buy a controlling stake in Israeli insurer Phoenix Holdings is set to be terminated by next Monday.
The group also has offices in London, New York and Stockholm. Easterly is based in Beverly, Massachusetts and under the terms of the deal the US asset manager would merge with a subsidiary of the Sirius Group.
We believe this transaction will offer tremendous value to our shareholders. The loan will be forgiven if the merger does not close by November 30, Passengers and visitors at LF Wade International Airport should have plenty of food and drink options to choose from when the new terminal opens in Plans have been drawn up for almost 11, sq ft of food and beverage concession space, split between the airside and landside of the building.
The largest of the five new concessions will cover 3, sq ft and be located in the non-US international departure area. At present, there is no food and beverage concession airside for passengers heading for Canada or the UK.
The first stage of the process to find food and beverage concession operators for the new terminal has begun. Bermuda Skyport Corporation Ltd is inviting expressions of interest from qualified food and beverage concessionaires to finance, market, operate and maintain one or more of the concessions locations.
Skyport is responsible for the LF Wade International Airport operations, maintenance and commercial functions. It is also overseeing the construction of the new terminal.
A comprehensive plan for food and beverage outlets in the new terminal has been drawn up by London-based Pragma Consulting, which has worked on numerous airport projects, including London Heathrow and La Guardia in New York.
He explained that with less than one million passengers passing through the airport each year, and departing passengers being segregated between the US pre-clearance portion of the terminal and those on non-US flights, the airport does not achieve the critical mass of passengers needed to make a food hall a feasible option.
However, the new terminal will have two food and beverage concessions on the ground floor landside, that is the public areas open to all. The other three units will be airside on the first floor of the new terminal.
These are for passengers who have passed through the security screening area. There will be two concessions in the US departures side, totaling 3, sq ft, and one large concession in the international departure area.
This month, Skyport also invited expressions of interest from qualified retailers to market, operate and maintain retail concessions in the new terminal.
There will be ten retail units, split between the airside and landside of the building. The total retail space will be more than 9, sq ft.
The call for expressions of interest for the retail units closed last Friday. Qualified food and drink concessionaires interested in operating one or more of the units at the new terminal should submit a summary of qualifications and experience to Skyport by Friday.
Request for proposals will be issued to qualified parties in August. In December it bought 4. Good Times Restaurants reported it simultaneously entered into an amended credit agreement with Wells Fargo Bank on its existing term loan that modifies certain financial loan covenants and collateral commitments.
Sol Petroleum Bermuda Seniors can get a fuel discount for eight weeks under a promotion from Sol Petroleum Bermuda, its family of Esso service stations and Age Concern.
Anyone aged 50 or older can get 10 per cent off fuel purchases at Esso every Tuesday until March 21 when they sign up as a member of Age Concern.
We hope this promotion creates more awareness for the charity in general as well as helping our seniors save money at the pump.
To sign up for membership, visit ageconcern. One of Shell's many over 45 Bermuda subsidiaries. One of the major subsidiaries of this huge Anglo-Dutch oil company.
This one is engaged in the insurance of Shell's oil transportation, oil refining and ships. Warren McLeland, chairman of Somers, said: In particular, assets under management growth at Homeloans and strong deposit and loan growth at PCF has been pleasing.
While markets are currently more volatile, our investments continue to produce strong operating earnings. During the three months, the UK pound appreciated 3.
The Bermudian-based financial-services holding company, which owns Bermuda Commercial Bank, reported strong results across all its major investments.
Our portfolio valuations were supported by favorable currency movements with positive sterling currency gains offsetting a weaker Australian dollar.
In particular, we recorded a In which, alone, 2. Moreover, you desecrate the memory of Witold Pilecki plus other Polish officer escapees from Auschwitz who produced written reports, e.
I am omitting here reports by Jewish escapees, for example the Vrba-Wetzler report, as well as the fate of the Jewish part of my family during the war, so as to skirt the whole specious Joooos-tainted-it aspect of your comment.
The lowest for Auschwitz, for instance by the Polish historian Franciszek Piper , cites 1. The highest figure cited for Auschwitz is 4 million. However, much has happened since it went up, including the Blogger outage.
Scroll down for a report on that. More new posts will be added below this one. The essay below is the conclusion of the ninth part in a series by Takuan Seiyo.
See the list at the bottom of this post for links to the previous installments. For over 60 years, White mea-culpists have had a firm grip in all fields of cultural mind imprinting: Their main endeavor has been to enforce their compulsory e.
K and discretionary e. Nor the evils of the worldwide Islamic Inquisition which — not in the 16th century but now, in the 21st, condemns Muslim apostates to barbaric execution.
Instead, aggressive White androphobes of all genders which I can no longer count are decimating the philogynous and egalitarian West.
Equality psychos are tearing down the most egalitarian society that ever existed except for initial communist experiments, before they turned bloody.
American Jews, at the apex of the greatest fortune and philosemitic tolerance their long diaspora has ever bestowed on their kind, are busy supporting all the ideologies and policies that demolish their safe harbor and build up their Muslim, Black and Third World enemies.
Leftoid masochists and the Christian meek call for returning Hawaii to the Hawaiians and capitulating before a massive Mexican reconquista of one-third of America.
The rightful Etruscan landowners are not bearing angry placards in front of the Vatican. The Japanese are not planning to relinquish Hokkaido to its original owners, the Ainu.
The tall, white and fair-haired Chachapoyas of the Andean forest have, alas, no remnants left to sue the Incas for genocide in a Peruvian court of law.
However, even that great moral abyss of Western civilization — the Holocausts — stands out more in its industrialized and organizational features than it does either in the quality of its hatefulness or its relative or even absolute volumes.
In relative numbers, in just one year, , the Hutus and Tutsis in Rwanda, killed off a total of one million, in a population of 7 million.
Is it more humane to go by a stroke of a blunt machete than by a whiff of Zyklon B? The Khmer Rouge murdered at least 2 million Cambodians between and Is it more humane to die by wallops from a Cambodian pickaxe handle than by a bullet from a German Mauser?
Inscription on the back in German: There is a special horror attached to the Third Reich, because those were 20 th century Europeans, Christians, and in many ways the smartest, most civilized people on Earth.
But the Holocausts do not prove that Whites are worse than other people, just that they are no better. The history of the Third Reich also proves that with the right formula of economic blowup, misery and humiliation, sparked by charismatic evil, no people are immune to such horror, at no time.
Our Norwegian correspondent The Observer sends his translation of an article and interview with two respectable high-profile Muslim leaders in Oslo, who have strongly negative opinions about Jews and the worldwide Jewish conspiracy.
A new trend seems to have developed in the Islamic community in Norway: It should also be pointed out that this is the same mosque that the Norwegian police apologized so profusely to last year for the fact that we have freedom of speech in Norway.
The translated article from Dagsavisen:. Many Norwegians have a negative view on Islam due to Jewish domination of the media.
We are visiting Central Jamaat-e Ahl-e Sunnat, the mosque with the largest member base in Norway, to talk to its spiritual leader.
The mosque was founded in and currently has more than 5, members. The Imam begins by explaining that all three heavenly religions, Judaism, Christianity and Islam, are sacred to them.
Many people are unaware of this fact, says Sarwar. Both of them believe that the school visits confirms their views that Norwegians in general have an inaccurate impression of Islam and Muslims.
People are ignorant because they get their information from the media, and the media only write negatively about Islam. Only a handful of people were behind the movie about Mohammed in the U.
So who was financing them, who was backing them? A big tip of the Bodissey pickelhaube to our commenter Jolie Rouge, who has provided us with a brand new acronym.
Note the aggressor is not named other than by geographical location e. North Africa, Afghanistan and surprisingly the inclusion of Turkey.
I think JIM could have great utility for our enterprise: Who will be the first major Western politician not counting Geert Wilders to break the greatest cultural taboo of our time, and mess around with JIM?
Yesterday a group of Al Qaeda terrorists assaulted a natural gas plant in Algeria and killed two foreigners while taking 41 other hostage.
Today Algerian special forces staged a helicopter raid on the plant, killing a number of the hostages — between six and 34, depending on whose figures you believe — in the process of taking out the terrorists.
Among the foreign hostages were American, British, French, and Japanese nationals. In other news, Germany has begun repatriating its foreign gold reserves, which are stored in vaults in Paris, London, and the United States.
The following article tells a brief tale about immigrant-on-immigrant violence in Cologne, with Muslims of immigrant background dealing it out and Russian immigrants as victims.
It shows the attempts by a Turk to protect a Russian family and being killed for his trouble. The translated article from Quotenqueen:. Two criminal foreigners, free to terrorize their neighbors despite drug-related and violent crimes, killed a Turkish husband and father who tried to get them to behave.
It happened in a sector of the city called Bickendorf — a district notorious for years for immigrant violence and bordering on the thoroughly Islamized Ehrenfeld.
But no one was killed. The Spanish government recently revoked his status as a political refugee in Spain, and he is due to be deported to Pakistan, where he will face the death penalty for blasphemy.
There is currently a push to persuade the Canadian government to grant him and his family political asylum.
Firasat was interviewed recently on Alerta Digital TV. The video below shows the third part of the interview, and includes segments in English of a statement by Terry Jones.
Part 1 , Part 2. Many thanks to our Spanish correspondent Hermes for the translation, and to Vlad Tepes for the subtitling:.
That means I am watching big, fat flakes accumulating on everything — though the driveway is still clear. Prior to that, we awoke this morning to heavy rains.
It is our good fortune that there was never any period of transitional ice. Why am I talking about the weather, you ask? Because this heavy wet snow may well eventuate in a power outage.
Should that happen we would have no way to tell you why when, once again, no one seems to be home. And thanks to the generosity of our donors several years ago, we installed a gas cook stove so we can cook and have — thank heavens, again — hot coffee during the outage.
Yes, we are careful regarding the possibility of carbon monoxide poisoning if we were to use the stove for heat. Yesterday we reported on a group of young Muslim men who accost pedestrians in certain parts of east London.
The original post included an embedded video taken by the group and posted on their YouTube account.Random and fair games are in WizBet Casino, which proved that their games are very real. The bonus is valid for the games Age of Spartans. Wild Berry 5 Reels. This casino license is from Curacao, which works with the software BetOnSoft. Page 1 Page 2 Next Page. July 4, Play Jupiter Club Casino. No IM client game Larger software vendors have more slots Main site www. Free Spins For players: Jupiter club casino no deposit bonus codes - kann der This offer is for depositing only Good luck. Cyber club casino no deposit bonus code - St herzlich willkommen im jordanbad biberach. Jul 19, Play Jupiter Club Casino. No Deposit Bonus Players:.