Hashtag: #BF&MLimited
BF&M Announce Share Buyback Programme
In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited announced a Share Buyback Programme. The filing stated, “BF&M Limited [BF&M] today announced that it will introduce a Share Buyback Programme. The Share Buyback Programme will enable BF&M to repurchase, at its discretion, up to 500,000 Common Shares at market prices... Read more of this article
BF&M: Shareholders Net Income Of $23.9 Million
BF&M Limited today reported shareholders’ net income for the year ended 31st December 2015 of $23.9 million, resulting in a return on shareholders’ equity of 9.6%. Shareholders’ net income for the comparative twelve month period of 2014 was $21.8 million. President & CEO John Wight stated that “earnings from BF&M’s core businesses... Read more of this article
BF&M Appoints Markey To Board Of Directors
BF&M Limited today [Jan 12] announced the appointment of Paul Markey to its Board of Directors effective immediately. Mr. Markey retired recently as the Chairman of Aon’s Bermuda based insurance and reinsurance broking operation, Aon [Bermuda] Ltd. He joined Aon’s Bermuda operations in 1994, with a mandate to implement a reinsurance broking... Read more of this article
BF&M Reports Net Income Of $17.3 Million
BF&M Limited has reported shareholders’ net income for the nine month period ended 30th September 2015 of $17.3 million, resulting in an annualized return on shareholders’ equity of 9.5%. Shareholders’ net income for the comparative nine month period of 2014 was $21.6 million. President & CEO John Wight [pictured] stated that “financial... Read more of this article
Photos: BF&M Breast Cancer Awareness Walk
[Updated with video] The BF&M Annual Breast Cancer Awareness Walk was held this evening [Oct 21] at Barr’s Bay Park, beginning with a Health Fair at 5pm, with the walk beginning at 6pm. Face painters were on hand with many participants getting the pink ribbon that represents Breast Cancer Awareness applied in support of the event. Booths were... Read more of this article
BF&M Acquires Kitson Insurance Services Ltd.
BF&M Limited, announced today [Oct 1] that it has completed the acquisition of Kitson Insurance Services Ltd., a Bermuda based insurance agency and brokerage business. President & CEO of BF&M John Wight, stated, “BF&M is pleased to assume responsibility for continuing to provide top‐tier service to Kitson’s policyholders and to... Read more of this article
BF&M Reports Six Month Earnings Of $11.4M
BF&M Limited today [Sept 14] reported shareholders’ net income for the six month period ended 30th June 2015 of $11.4 million, resulting in an annualized return on shareholders’ equity of 9.8%. Shareholders’ net income for the comparative six month period of 2014 was $17.5 million. President & CEO John Wight [pictured] said, “Financial... Read more of this article
A.M. Best Affirms BF&M Group’s Ratings
BF&M Limited announced that rating agency A.M. Best had affirmed the following financial strength ratings for BF&M Group’s four principal operating companies: BF&M General Insurance Company Limited A [Excellent] Bermuda BF&M Life Insurance Company Limited A [Excellent] Bermuda Island Heritage Insurance Company Ltd. A [Excellent] Cayman Insurance... Read more of this article
BF&M Sponsor Cricket National U19 Prep Camp
The Bermuda Cricket Board [BCB] announced that BF&M have provided financial support to assist the BCB National U19 in their efforts to qualify for the ICC U19 World Cup to be held in Bangladesh next year. The squad of 14 players and 4 stand-by players are currently attending a one week high performance camp at DRC. BCB President, Lloyd Fray said:... Read more of this article
BF&M Reports First Quarter Earnings Of $8.2M
BF&M Limited today [June 16] reported shareholders’ net income for the three month period ended 31st March 2015 of $8.2 million, resulting in an annualized return on shareholders’ equity of 13.0%. Shareholders’ net income for the comparative three month period of 2014 was $11.4 million. President & CEO John Wight [pictured] stated that... Read more of this article
Valor Acquire International Insurance From BF&M
Valor Group Ltd, a financial services company that owns Valorlife, a leading European life insurance products company, and BF&M Limited announced today [April 23] that, having received approval from the Bermuda Monetary Authority, Valor Group has completed the acquisition of Bermuda International Insurance Services Limited, the international life... Read more of this article
BF&M Limited: $21.8 Million Net Income In 2014
BF&M Limited today [Apr 20] reported shareholders’ net income for the year ended 31st December 2014 of $21.8 million, resulting in an annualized return on shareholders’ equity of 9.3%. Shareholders’ net income for 2013 was $25.1 million. President & CEO John Wight [pictured] said, “The financial effects of Hurricanes Fay and Gonzalo... Read more of this article
BF&M Named Healthcare Provider For ACEA
BF&M has been named the Official Healthcare Provider of the America’s Cup Event Authority [ACEA] and Oracle Team USA. “BF&M has a proud heritage in Bermuda, dating back to 1903, when the first home and marine insurance policies were issued,”, an America’s Cup spokesperson said. “We started offering general insurance in... Read more of this article
