Mr. Imran Mac Sood was the guest speaker at our weekly meeting on February 11th.

 
As Managing Director of St.Maarten's most successful General Insurance Company, Mr. Mac Sood is well qualified in explaining the recent downfall of bigger Insurance companies around the world and also the demise of influential investment companies and Banks. He explained that most of these troubles came for being too greedy and not sticking to what they do best,insuring and keeping the public's money safe.Nagico Insurance never deviated from this principle and their investment in equities is very limited.Therefore we can be assure that his company will be here for a long time.There are challenges ahead , but with a realistic and conservative approach things can work out , for St.Maarten especially. There is no doubt that there will be a downtrend in tourism and other related businesses but we can overcome by working with diligence and perseverance.