Mur Lura
Government encourages expansion of the Financial Sector
PR1770
30/10/1997
30/10/1997
| The Minister of Economic Affairs and Finance, Mr Lino Spiteri today | opened a seminar on Risk Managment organised by the Mediterranean Insurance Training Centre, after an introductory speech by Miss Rosanne Galea, Director of Studies. |
| Minister Spiteri, said that the newly-elected Government will give | significant importance to the continued development of the Financial Services Sector, including the Insurance Sector, to make Malta a more attractive location for insurance companies, both local and foreign. The Minister stressed that Government's intention was to encourage initiative and investment. |
| Drawing a parallel betwen Risk Management at the firm level and | Risk Management at the Government and national level, Mr Spiteri emphasized that the Maltese people are one nation and need to move forward as one nation. |
| Referring to the aspect of health and safety at the work-place, Mr | Spiteri said that the loss of a human life through accident at the place of work cannot be compensated fully through insurance, and this emphasises the importance of Risk Management also in this field. |
| The opening of the seminar, was attended by various representatives | of the business community in Malta. The seminar will also be addressed by foreign experts in the field of Insurance and Risk Management. |
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