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North Korea is looking more and more like a good bet as a captive domicile - secure, stable, and no pesky global tax officials snooping about. |
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Pope Francis has celebrated his inaugural mass in the Vatican, and has assumed the responsibility of leading the world's Catholics. But Vatican insiders have revealed to RISKbitz that the new pontiff is also planning to transform the city state into a reinsurance and captive hub for Europe.
After Pope Francis' solemn inauguration mass, attended by six reigning monarchs, 31 heads of state and representatives of 132 governments, he will become head of state of the world's smallest sovereign enclave, Vatican City, as well as spiritual leader of an estimated 1.2 billion Catholics scattered over every continent. He will also start building a tax friendly risk services centre in Rome to rival the city of London, Bermuda and Zurich, according to papal insiders. more...
The future of the London 2012 Olympic Stadium has finally been assured with the announcement that it has been bought by a consortium of reinsurance companies. The consortium said it plans to turn the iconic athletics stadium into a reinsurance marketplace to rival Lloyd's, the LUC and Bermuda. This would involve removing the athletics track which has outraged the UK Athletics Association, which pointed to the commitment to having athletics at the stadium made at the time of London's Olympic bid.
It will also involve removing most of the seating which has outraged the UK Seating Association, which pointed to the commitment to having seats at the stadium made at the time of London's Olympic bid. And it will also involve removing the bit in the middle of stadium which has outraged the UK Bit in the Middle Association, which pointed to the commitment to having a bit in the middle made at the time of London's Olympic bid.
more...
Is it OK to do the Harlem Shake on the underwriting floor at Lloyd's?
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| Harlem Shake-it baby |
Yes
Absolutely, there is nothing remotely embarassing about middle-aged businessmen doing a strange dance. Besides, would anyone notice?
No
No. There is nothing more embarassing than middle-aged businessmen doing a strange dance. Mind you, would anyone notice?
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