Hashtag: #BF&MLimited

BF&M Donate 150 Care Packages To WRC

BF&M Donate 150 Care Packages To WRC

In honour of Women’s History Month, BF&M donated 150 care packages to the Women’s Resource Centre [WRC] in March. A spokesperson said, “Juanae Crockwell, Executive Director of the WRC accepted the donation with gratitude on behalf of the organisation’s clients.” “We are so grateful for the support of BF&M. These care packages have... Read more of this article

BF&M Appoints Anthony Joaquin

BF&M Appoints Anthony Joaquin

In a filing with the Bermuda Stock Exchange, BF&M Limited advised of the appointment of a new Chairperson. The filing stated: “Please be advised that following Mr. R. John Wight’s resignation as Group Chairperson of the Company on 7 December 2022, a permanent Group Chairperson has been appointed. “Effective 24 March 2023, the Board of Directors... Read more of this article

BF&M Reports Shareholders $8.8M Net Loss

BF&M Reports Shareholders $8.8M Net Loss

BF&M Limited reported a shareholders’ net loss of $8.8 million for the year ended 31 December 2022, as compared to shareholders’ net income of $25.2 million for 2021. A spokesperson said, “Net income from operations excluding fair value movements in investments and goodwill impairment was $11.5 million versus $22.0 million in 2021.” Group... Read more of this article

BF&M: No Share Repurchases In February 2023

BF&M: No Share Repurchases In February 2023

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of February 2023 the company has not repurchased any shares. Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M Sponsors Free For February At NMB Endeavour & BF&M No Limits Sailing Programme Bermuda... Read more of this article

BF&M: New $20,000 Postgraduate Scholarship

BF&M: New $20,000 Postgraduate Scholarship

BF&M Limited announced the launch of the BF&M Postgraduate John Wight Scholarship, in honour of former Chairman and CEO, John Wight. Abigail Clifford, Group President and CEO of BF&M stated, “At BF&M, we believe that everyone should have access to higher education. Given the value John placed on community and education, it was fitting... Read more of this article

BF&M: No Share Repurchases In January 2023

BF&M: No Share Repurchases In January 2023

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of January 2023 the company has not repurchased any shares. Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M Sponsors Free For February At NMB Endeavour & BF&M No Limits Sailing Programme Bermuda... Read more of this article

BF&M Sponsors Free For February At NMB

BF&M Sponsors Free For February At NMB

The National Museum of Bermuda [NMB] is opening its doors for free to all Bermuda residents during the month of February — the tenth year of this community programme –  and this year, like last, Free for February is generously sponsored by BF&M. Abigail Clifford, President and CEO of BF&M Limited, shared: “We are very proud to... Read more of this article

BF&M Limited Concludes Strategic Review

BF&M Limited Concludes Strategic Review

BF&M Limited’s Board of Directors has concluded its “review of strategic alternatives” and said that “after a comprehensive process with the assistance of Desjardins Capital Markets, the Board has determined that continuing to execute its strategic plan on a standalone basis is in the best interest of all shareholders.” Anthony... Read more of this article

BF&M: No Share Repurchases In December 2022

BF&M: No Share Repurchases In December 2022

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of December 2022 the company has not repurchased any shares. Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M Sponsors Free For February At NMB Endeavour & BF&M No Limits Sailing Programme Bermuda... Read more of this article

BF&M: No Share Repurchases In November 2022

BF&M: No Share Repurchases In November 2022

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of November 2022 the company has not repurchased any shares. Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M Sponsors Free For February At NMB Endeavour & BF&M No Limits Sailing Programme Bermuda... Read more of this article

John Wight Steps Down From BF&M Board

John Wight Steps Down From BF&M Board

BF&M Limited today announced that John Wight has stepped down from the Board of Directors as Group Chairman, effective immediately. Acting Chairman Tony Joaquin said, “On behalf of the entire Board, I would like to thank John for his tireless service and dedication to BF&M across a variety of leadership roles over the past 30 years, including... Read more of this article

BF&M Reports Shareholders 13.4M Net Loss

BF&M Reports Shareholders 13.4M Net Loss

BF&M Limited today reported a shareholders’ net loss of $13.4 million for the nine months ended 30 September 2022, as compared to shareholders’ net income for the comparative period in 2021 of $19.5 million. Net income from operations after excluding the negative fair value movements in investments was $9.3 million versus $17.8 million in... Read more of this article

BF&M: No Share Repurchases In October 2022

BF&M: No Share Repurchases In October 2022

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of October 2022 the company has not repurchased any shares. Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M Sponsors Free For February At NMB Endeavour & BF&M No Limits Sailing Programme Bermuda... Read more of this article

BF&M: No Share Repurchases In September 2022

BF&M: No Share Repurchases In September 2022

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of September 2022 the company has not repurchased any shares. Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M Sponsors Free For February At NMB Endeavour & BF&M No Limits Sailing Programme Bermuda... Read more of this article

Photos & Video: BF&M Breast Cancer Walk

Photos & Video: BF&M Breast Cancer Walk

The annual BF&M Breast Cancer Awareness Walk — which serves to help raise funds for the Bermuda Cancer and Health Centre — was held yesterday [Oct 12], with the event getting underway at Barr’s Bay Park. The Bermuda Cancer and Health Centre website said, “For more than two decades, the BF&M Breast Cancer Awareness Walk has united... Read more of this article

AM Best Affirms Credit Ratings Of BF&M

AM Best Affirms Credit Ratings Of BF&M

BF&M Limited announced today that AM Best has affirmed the financial strength rating of A [Excellent] of BF&M Life Insurance Company [BF&M Life], BF&M General Insurance Company [BF&M General] and Island Heritage Insurance Company, Ltd. [Island Heritage]. The outlook of each of these credit ratings is stable. A spokesperson said,... Read more of this article