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LOM (Holdings) Limited (LOM) has reported a loss of $774,748 for 2012 in what chief executive officer Scott Lines described as a “dismal environment”. He made the comment in a letter to shareholders on the release of LOM’s consolidated financial stat...

The Elephant called FATCA is now in the room. This elephant is large, unfriendly, and will brook no dissent. The FATCA programme* and the accompanying US tax compliance issues have been discussed on many occasions over the last few years in Moneywise...

Dear Dave, If a wife takes out a credit card in her husband’s name without his knowledge, and they get divorced, can the husband claim identity theft? —Nancy Dear Nancy, Absolutely! Unless they have power of attorney, anytime someone opens an accoun...

LOM (Holdings) Limited (LOM) has reported a loss of $774,748 for 2012 in what chief executive officer Scott Lines described as a ‘dismal environment’. He made the comment in a letter to shareholders on the release of LOM’s consolidated financial stat...

A former Wall Street headhunter, who now calls Bermuda home, has started up his own recruiting and consulting firm here and has big ideas about Bermuda’s economic future. Stafford Lowe spent the last four years living in New York working as the mana...

Insurance managers as well as auditors, actuaries, lawyers, regulators, bankers and other employees in the insurance management industry are the target audience for a daylong ‘education summit’ on key industry subjects. The Bermuda Insurance Manageme...

Goldman Sachs Group Inc has announced it has closed on the sale of a majority stake in its reinsurance business, which includes Bermuda’s Ariel Re. The investment bank sold off the business through the private offering of shares to institutions and ...