Creativity is thinking up new things. Innovation is doing new things. —Theodore Levitt (1925–2006), renowned economist The last few years in particular have shown how fragile the economic, social or financial environment can be and how quickly the conditions in which a business operates can change. So, adapting to it …
Microaggressions are often small, many times unintentional, mean or insensitive comments, questions or bias-based assumptions we are all guilty of. Yes, you do it too sometimes. And we do too. They can deflate and hurt a person’s feelings and take away their sense of safety. They have no place in …
Over recent years, net assets under management in alternative funds in Luxembourg —private equity, real estate, private debt, infrastructure or hedge funds—have grown phenomenally. But when it comes to closing time, how to ensure the process runs smoothly, quickly and correctly? More and more, asset managers procrastinate on the liquidation …
The history of the world is marked by plenty of gloryful, but also very bloody events. Since the beginning of written history, and we are sure even before humans started to carve events in stones, humans didn’t shy away from protecting their interests through war and combat. Luckily, humanity has …
Susan loves Friday mornings. She’s excited about the imminent weekend and the prospect of gardening, one of her favourite hobbies. But also, this is the day when the office buzz slows down and hence it’s a great opportunity for her to sit down in the kitchen area with a cup …
There is a famous phrase, well known to many: “When America sneezes, the world catches a cold,” speaking to the interconnectedness of the global economy, which entails ripple effects as a consequence of major shifts. Not unlike the COVID-19 pandemic, the current inflationary cycle has taken on a life of …
In late 2009 and for the next few years, the atmosphere was heavy in number 175, rue de la Loi, in Brussels. Heads of State and Ministers of Finance were gathering quite frequently in this building—that is, the Council of the European Union—and staying there until late in the night …
Be the change you wish to see in the world.– Mahatma Gandhi Insurers have a once-in-a-generation opportunity to take stock and set about creating the industry they want to be part of – one that’s pushing boundaries to build upon its purpose – and become a force for greater good. …
Man cannot discover new oceans unless he has the courage to lose sight of the shore. — Lord Chesterfield In his work “The Lusiads”, Portuguese poet Luís Vaz de Camões extolled the epic maritime adventure that was the discovery of the sea route to India. The global expedition, led by …
With more than 200 active reinsurance captives, the Luxembourg financial centre is considered the European leader in the market. This is mainly due to its stable legal, regulatory and tax framework—confirmed by the maintenance in 2022 of Luxembourg’s AAA financial rating—as well as the highly qualified international professionals and specialists …
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