Marine Insurance Task Force

The Minister of Finance and Commerce, Leo Brincat has recently launched a Task Force to examine the potential of attracting ship owners and ship management companies to place their insurance business through local insurance operators.

Ship registration in Malta presently ranks sixth world-wide with a potential of moving up to fifth place. The Task Force aims to investigate any initiatives which could possibly be taken to encourage foreign ship owners to seek the services of Maltese insurance operators.

If Malta succeeds in such a task, a more comprehensive range of services can be put on offer locally with resultant benefits to the business community in general.

All institutions, organisations and individuals concerned with this activity are therefore invited to express their views on this matter. Any recommendations or suggestions should be forwarded to:

The Secretary
Marine Insurance Task Force
Maison Demandols
South Street
Valletta CMR 02

Since the Task Force has been given three months to complete its job it would be appreciated if comments are received by 15th July, 1998.

Task Force biex tinkoraggixxi Assigurazzjonijiet Marittimi f'Malta

Dan l-aóóar il-Ministru tal-Finanzi u Kummerð, Leo Brincat, óabbar it-twaqqif ta' Task Force biex tistóarreí il-potenzjal li Malta æandha biex tattira sidien ta' vapuri u kumpaniji li jmexxu l-vapuri biex jirraníaw l-insurances taæhom minn Malta.

Ir-reíistrazzjoni tal-vapuri b'bandiera Maltija matul dawn l-aóóar snin saret xi óaía importanti fil-qasam marittimu Malti, u fil-fatt Malta bóal issa tinsab fis-sitt post mill-pajjiúi kollha madwar id-dinja f'dak li æandu x'jaqsam ma' tunellaíí ta' vapuri rreíistrati f'Malta. Jista' jaæti l-kaú li matul din is-sena Malta anki tavvanza post ieóor æan-numru óamsa.

L-æan ewlieni fit-Task Force huwa li tinvestiga x'inizjattivi jistæu jittieódu biex tinkoraííixxi sidien ta' vapuri barranin jew kumpaniji li jmexxu vapuri barranin li jfittxu s-servizz ta' Kumpanija ta' l-Assigurazzjoni u brokers Maltin.

Jekk Malta tirnexxi f'dan il-æan is-servizz li jkun qieæed jinæata lil min æandu vapur reíistrat f'Malta jkun iktar wiesæa, benefiððju naturali æal kull min qieæed jopera f'dan is-settur.

Æaldaqstant it-Task Force óasbet biex tikkonsulta ma' istituzzjonijiet, organizzazzjonijiet u individwi li æandhom xi sehem x'jaætu f'dan is-settur, biex jesprimu ruóhom u jaætu l-veduti taæhom dwar x'inizzjattivi jistæu jittieódu biex l-æan imsemmi jintlaóaq.

Rakkomandazzjonijiet jew suííerimenti, æandhom jintbaætu:

Lis-Segretarju
Marine Insurance Task Force
Maison Demandols
South Street
Valletta CMR 02

Minóabba l-fatt li t-Task Force íiet moætija tliet xhur biex tlesti x-xoæol taæha, kummenti jew suííerimenti æandhom jaslu mhux aktar tard mill-15 ta' Lulju, 1998.