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NEW YORK (BestWeek) — Three out of four insurers aren’t prepared for driverless vehicles, and one-third haven’t done anything about an industry change that could be near, according to a KPMG summary of a survey looking at automobile insurance in a ti...

News that the fifth-biggest bank in Canada is to end its ownership stake in Butterfield Bank has been characterised as “a real a show of independence and strength” for the Island institution by Butterfield CEO Brendan McDonagh. “Butterfield Bank is r...

The Bermuda Monetary Authority plans to get more involved with Government in ensuring the Island’s financial stability — but it will steer well clear of politics. That was the firm message from chief executive officer Jeremy Cox, who was speaking aft...

The head of Bermuda-based Jardine Matheson yesterday wrote to the UK’s Financial Times to back a No vote in the referendum on Scottish independence. Sir Henry Keswick, the chairman of Jardine Matheson Holdings, a huge conglomerate involved in a vari...

Peter Everson said: “Bermuda always prospers when other countries face uncertainty,” pointing to the US War of Independence; US Civil War, First World War and Second World War, all of which provided economic benefits to the Island, primarily in its r...

Journalists have uncovered a Bermuda connection to sensational claims of political intrigue and suspicion involving a UK university — claims which invade the corridors of power in the People’s Republic of China. In today’s edition, UK national newspa...

Ayo Johnson, a Bermuda- and West Africa-based journalist, has founded a ‘digital journal’ which launched yesterday. The journal, which is called Politica, is found on the Think Media website. On its launch, Politica includes a ‘Featured Story’ about...

The Civil Service must be cut after the coming fiscal year, Finance Minister Bob Richards warned as he outlined the advantages of mutualisation or privatisation. Staff layoffs will be inevitable unless “non-core functions” are outsourced after 2014/1...