QOTD: Bermuda edition

Michael Fahey of the Bermuda Democratic Alliance on the distressing trend of insurance HQs to move to Europe:

What we all need to appreciate is that even the departure of a few key executives from one company means a detrimental knock on effect to the local economy from rental income, to staff redundancies, to loss of contracts for gardeners and pool cleaners.

Well, when you put it that way ……..

(h/t RiskMarketNews via reactionsnet)

Advertisements
Tagged ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: