The Bermuda Government’s proposed compulsory national pensions scheme for the workforce will not necessarily lead to a boom in the business of life assurance companies on the island, according to one local insurance boss.John Sainsbury, head of Argus Insurance, said, initially, many of the plans are likely to be small and the administrative costs for insurers are likely to be high.
Bermuda’s National Pensions Scheme may not lead to boom for life insurers
29 years ago
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Bermuda Government & Politicians InsuranceKeywords
Bermuda National Pensions Scheme John Sainsbury