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Bermuda First Investment Company Results

Bermuda First Investment Company Results

Bermuda First Investment Company Limited [BFIC], a BSX listed investment holding company which owns a number of significant investments in BSX Bermuda listed companies, announces its results for the three months ended September 30, 2014. Highlights:Revenue of $0.2 million [2013: $0.8 million]; Market value of investments as at September 30, 2014 of... Read more of this article

BF&M’s 2014 Third Quarter Financial Results

BF&M’s 2014 Third Quarter Financial Results

BF&M Limited today [Dec 9] reported shareholders’ net income for the nine month period ended 30th September 2014 of $21.6 million, resulting in an annualized return on shareholders’ equity of 12.1%. Shareholders’ net income for the comparative nine month period of 2013 was $15.8 million. President & CEO John Wight [pictured] stated that... Read more of this article

Corporate Social Responsibility Award Winners

Corporate Social Responsibility Award Winners

The launch of The Centre on Philanthropy’s Corporate Social Responsibility [CSR] Awards in September 2014, in partnership with the Bermuda Corporate Volunteer Council [CVC], saw a diverse range of companies and local businesses submit an entry for either or both of two award categories, with HSBC, BF&M, and Argus claiming the three top spots. The... Read more of this article

Video: BF&M Hosts 18th Breast Cancer Walk

Video: BF&M Hosts 18th Breast Cancer Walk

BF&M Limited, in conjunction with the Bermuda Cancer and Health Centre, hosted its 18th annual Breast Cancer Awareness Walk yesterday [Oct 27], bringing together people from around the island in order to enjoy a healthy evening even while raising money for charitable outreach initiatives, including the company’s Equal Access Fund and Education... Read more of this article

BF&M, Argus: Waiver of Double Deductible

BF&M, Argus: Waiver of Double Deductible

BF&M and Argus announced today [Oct 23] that they will be waiving the right to apply separate deductibles for those unfortunate residential customers who incurred damage during both Tropical Storm Fay and Hurricane Gonzalo. The insurance companies said two named storms in such a short period is a very unique occurrence, and “two deductibles... Read more of this article

BF&M Walk & Health Fair Is Rescheduled

BF&M Walk & Health Fair Is Rescheduled

The annual Breast Cancer Awareness Walk has been rescheduled to Monday October 27th. A spokesperson said, “Please be advised that the BF&M Breast Cancer Awareness Walk & Health Fair has been rescheduled to the rain date – Monday October 27th, 2014 – 6pm at Barr’s Bay Park. “The registration fee for the walk is $30... Read more of this article

Video: BF&M To Close, Releases Safety Tips

Video: BF&M To Close, Releases Safety Tips

In preparation for Hurricane Gonzalo, the offices of BF&M will be closed for business on Friday [Oct 17]. A spokesperson said, “Following Hurricane Gonzalo, we will be open for business as soon as possible after the storm passes to assist our customers, once the Emergency Measures Operation has advised that it is safe to travel on the roads... Read more of this article

BF&M To Host Breast Cancer Awareness Walk

BF&M To Host Breast Cancer Awareness Walk

BF&M Limited is getting set to host its annual Breast Cancer Awareness Walk on October 22, 2014, with the BF&M Health Fair to begin at 5.00pm at Barr’s Park, and the walk itself beginning at 6.00pm. The rain date is October 27. The registration fee for the walk is $30 and can be processed online, with pack pick up available at the Bermuda... Read more of this article

BF&M Reports 6 Month Earnings Of $17.5M

BF&M Reports 6 Month Earnings Of $17.5M

BF&M Limited has reported shareholders’ net income for the six month period ended on June 30, 2014 of $17.5 million, resulting in an annualized return on shareholders’ equity of 14.5 percent. Shareholders’ net income for the comparative six month period of 2013 was $10.2 million. President and CEO John Wight [pictured left] said, “Financial... Read more of this article

A.M. Best Affirms Ratings Of BF&M Limited

A.M. Best Affirms Ratings Of BF&M Limited

Rating company A.M. Best has affirmed the financial strength rating of A [Excellent] and the issuer credit ratings of “a” of BF&M Life Insurance Company Limited [BF&M Life] and BF&M General Insurance Company Limited [BF&M General]. A.M. Best also has affirmed the ICR of “bbb” of the parent, BF&M Limited [BF&M]. The outlook... Read more of this article

Video: BF&M CEO’s Ice Bucket Challenge

Video: BF&M CEO’s Ice Bucket Challenge

Following up on a group of the company’s employees taking the ALS Ice Bucket Challenge, BF&M CEO John Wight has doused himself with ice cold water in the name of promoting awareness of the debilitating disorder, commonly known as Lou Gehrig’s disease. Before undertaking the challenge, Mr. Wight nominated Darren Johnston of PWC, Will... Read more of this article

Video: BF&M Takes ALS Ice Bucket Challenge

Video: BF&M Takes ALS Ice Bucket Challenge

After being challenged by their Canadian colleagues, BF&M has taken part in the ALS Ice Bucket challenge, as a group. In addition to the Ice Bucket Challenge, the company will hold a Denim Day fundraiser on Friday, and all funds will be donated to ASL research. The viral phenomenon features people, from around the world, dumping ice water over... Read more of this article

BF&M Releases Q1 2014 Financial Results

BF&M Releases Q1 2014 Financial Results

BF&M Limited today [June 17] revealed shareholders’ net income for the three month period ended March 31, 2014 of $11.4 million, resulting in an annualized return on shareholders’ equity of 18.5 percent. Shareholders’ net income for the comparative three month period of 2013 was $4.4 million. President & CEO John Wight [pictured left]... Read more of this article