Hashtag: #BF&MLimited
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
BF&M Announce 2013 Earnings Of $25.2 Million
BF&M Limited has released its 2013 fiscal numbers, showing that shareholders’ net income for the year ended December 31, 2013 was $25.2 million, resulting in an annualized return on shareholders’ equity of 11.7 percent. Shareholders’ net income for the comparative period of 2012 was $21.9 million. President & CEO, John Wight [pictured]... Read more of this article
BF&M Announce Net Income Of $15.8 Million
BF&M Limited today [Dec 10] announced shareholders’ net income for the nine month period that ended on September 30, 2013 of $15.8 million, resulting in an annualized return on shareholders’ equity of 10%. Shareholders’ net income for the comparative nine month period of 2012 was $13.7 million. President and CEO, John Wight [pictured] stated... Read more of this article
Saltus Team Donate $2000 Winnings To Charity
“Team Saltus” was awarded a BF&M School Spirit Award for being the school that raised the most money in connection with the Bermuda Cancer and Health Centre’s Fun Walk for breast cancer in October. Saltus decided to donate this award for $2,000 to the Bermuda Cancer and Health Centre. Saltus Secondary students S11 Katelyn Thompson, SGY1 Kurt... Read more of this article
BF&M’s Emergency Roadside Assistance
BF&M will begin offering 24/7 roadside assistance for its motor clients, with their services set to include towing services, battery jumps, fuel top-ups, flat tire assistance and lock-out assistance. BF&M CEO John Wight said, “BF&M is pleased to be the first domestic insurer in Bermuda to offer this valuable service to its clients. We... Read more of this article
Lawrie Boosts Stake In BF&M To 34.75%
In a filing, dated 01 October, 2013, with the Bermuda Stock Exchange, BF&M Limited announced that Lawrie (Bermuda) Limited [LBL] increased its shareholding in the Company from 24.56% to 34.75%. In share transactions initiated between 20 & 25 September, 2013, LBL purchased a total of 871,333 Company common shares. Related Stories BF&M... Read more of this article
BF&M Post Earnings of $10.2M For Q2 2013
BF&M Limited today [Sept 17] announced shareholders’ net income for the six month period ended 30 June, 2013, of $10.2 million, resulting in an annualized return on shareholders’ equity of 10%. Shareholders’ net income for the comparative six month period of 2012 was $12.2 million. President & CEO, John Wight stated that “Financial results... Read more of this article
BF&M Limited Now Exempt From 60/40 Rule
In a filing to the Bermuda Stock Exchange today [July 22] BF&M Limited confirmed that, effective 22 July 2013, the company is no longer subject to the 60/40 rule. The letter stated: “Further to our letter to you dated 1st July, 2013 informing you of our notification to the Minister of Economic Development pursuant to Section 113(8) of the... Read more of this article
BF&M Recognised For 10 Years Of Accreditation
Management Solutions Ltd. recognised BF&M Limited for 10 years of continuous Investors in People Accreditation. Originally assessed and accredited in 2002 by Investors in People International, BF&M has continued to achieve successful reaccreditation every three years. In 2011 they were awarded Investors in People Gold Award, the highest accreditation... Read more of this article
BF&M Staff Volunteer With Habitat Bermuda
On Tuesday [July 2] 27 BF&M employees rolled up their sleeves and volunteered with Habitat Bermuda to refurbish a west end home. Habitat Bermuda, an affiliate of Habitat for Humanity, focuses on engaging the community in a collaborative process to build or renovate homes for families in need. BF&M CEO John Wight said, “BF&M is proud to... Read more of this article
BF&M Limited to Seek Relief From 60/40 Rule
In a filing to the Bermuda Stock Exchange, BF&M Limited gave notice of the Company’s intent, effective 22 July, 2013, to seek relief from the 60/40 rule. In a letter to the Minister of Economic Development Dr Grant Gibbons, the Company stated: “BF&M Limited, whose registered office is at 112 Pitts Bay Road, Hamilton, HM 08, hereby gives... Read more of this article
BF&M Announces Earnings Of $4.4 Million
BF&M Limited today [June 27] announced shareholders’ net income for the three month period ended March 31, 2013 of $4.4 million, resulting in an annualized return on shareholders’ equity of 8%. Shareholders’ net income for the comparative three month period of 2012 was $4.5 million. President & CEO, John Wight [pictured] stated that “financial... Read more of this article
