This seems timely enough with our government working on More regulations for banks and financial institution. London, with it's own problems, seems to see the bigger picture in this opportunity.
"We believe that there is a 'window of opportunity' to capture reinsurance business currently underwritten outside the UK as the political uncertainties of Bermuda and the US approach to taxation unfolds," the report states.
My Mother, God love her, always said " If you can't say anything nice, don't say anything at all"..... I say.... Sorry Mom!
Monday, April 19, 2010
London insurers bid to lure Bermuda firms with tax policy changes
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