Financial Services Industry
Industry: Email Alert RSS FeedBermuda outlook: though a good place to do business, insurers and reinsurers will not hesitate to go elsewhere—Cuba, for example—should the need or the opportunity arise, executives say
Risk & Insurance, Oct 1, 2003 by Jack Roberts, Roger Crombie
Morrison: It the clients that principally come here can do their business in the. States or in Luxembourg or in London or Dublin or wherever it might be, they may not find it so necessary to come here.
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Bryce. This is just a very pleasant place to work. I think our clients all come here for two reasons: No. 1: they want to discuss business face-to-face. The reality as we saw it post-Sept. 11th, is that you can do all of that by teleconferencing. A lot of people post-Sept. 11th did not want to fly. We had a lot of teleconferencing in outbuilding. It was very effective. It wasn't quite the same as face-to-face. But I think people come here to discuss business and because they actually enjoy themselves here. There's a round of golf, you go out sailing, you go out on a boat. It's just a nice place to visit.
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