Hashtag: #BF&MLimited

BF&M: No Share Repurchases In July 2023

BF&M: No Share Repurchases In July 2023

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, the company has not purchased any shares in the calendar month of July 2023. 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: Limited Duration Shareholder Rights Plan

BF&M: Limited Duration Shareholder Rights Plan

BF&M Limited announced today that its Board of Directors has “unanimously adopted a limited duration Shareholder Rights Plan, which is effective immediately and set to expire on 19 July, 2024.” A spokesperson said, “The Rights Plan ensures that the Board has sufficient time to make thoughtful and prudent decisions that are in the best... Read more of this article

BF&M Share Repurchase For June 2023

BF&M Share Repurchase For June 2023

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of June 2023 the company has purchased the following shares: Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M Sponsors Free For February At NMB Endeavour & BF&M No Limits Sailing... Read more of this article

College Circle Renamed To ‘BF&M Circle’

College Circle Renamed To ‘BF&M Circle’

Bermuda College Foundation has announced the renaming of the Bermuda College Circle to the BF&M Circle in recognition of BF&M’s ongoing generosity to the Foundation’s work in support of Bermuda College. Garry Madeiros, Chairman of the Foundation, said, “In 2022, BF&M announced a three-year unrestricted commitment to the Foundation... Read more of this article

BF&M Announces Customer Wellness Week

BF&M Announces Customer Wellness Week

BF&M is getting set to hold a ‘Wellness Week’ initiative for its health insurance customers, featuring free fitness classes, activities, giveaways, and more. A spokesperson said, “BF&M is thrilled to announce its first Wellness Week for its health insurance customers to attend. The event takes place from June 26th to June... Read more of this article

BF&M Announces Dividend Increase

BF&M Announces Dividend Increase

In a filing with the Bermuda Stock Exchange, BF&M Limited announced an ”increase in dividends for its valued shareholders.” The full filing stated: “The decision to raise dividends reflects the company’s strong financial performance and its commitment to delivering long-term value to its shareholders. “As part of... Read more of this article

BF&M Reports Net Income Of $10.5 Million

BF&M Reports Net Income Of $10.5 Million

BF&M Limited today reported a net income of $10.5 million for the three months ended 31 March 2023, marking a significant improvement compared to a restated net loss for the comparative period in 2022 of $3.0 million. This marks the first quarter the Company is reporting under IFRS 17 and IFRS 9, the respective new accounting standards for insurance... Read more of this article

BF&M Share Repurchases For May 2023

BF&M Share Repurchases For May 2023

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of May 2023 the company has purchased the following 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

AM Best On Argus & BF&M’s Credit Ratings

AM Best On Argus & BF&M’s Credit Ratings

AM Best has commented on the credit ratings both BF&M and Argus Group following the news that an Argus subsidiary has entered into an agreement to purchase 36.9% of BF&M for $100 million. BF&M Limited  A statement from the ratings agency said, “AM Best has commented that the Credit Ratings of BF&M Limited [BF&M] and its insurance... Read more of this article

BHEC CEO On Argus Buying Part Of BF&M

BHEC CEO On Argus Buying Part Of BF&M

Following the news that an Argus subsidiary has entered into an agreement to purchase 36.9% of BF&M, Bermuda Health Council CEO Dr Ricky Brathwaite said that “while the transaction centers on company shares, we are monitoring the potential implications for the health insurance market and service provider consolidation.” Dr Brathwaite,... Read more of this article

BF&M ‘Disappointed’ By Camellia/Argus Sale

BF&M ‘Disappointed’ By Camellia/Argus Sale

[Updated] “BF&M is disappointed by the announcement from Camellia that it will sell its 36.9 percent ownership interest in the Company to Argus, a direct competitor,” BF&M said. The statement from BF&M follows after it was announced that an Argus subsidiary has entered into an agreement  to purchase a 36.9% shareholding in... Read more of this article

Argus Subsidiary To Purchase 36.9% Of BF&M

Argus Subsidiary To Purchase 36.9% Of BF&M

[Updated] An Argus subsidiary has entered into an agreement  to purchase a 36.9% shareholding in the BF&M insurance company for $100 million, with Argus noting that “we would not expect this transaction to result in BF&M changing its service, contracts or personnel.” In a filing with the Bermuda Stock Exchange, Argus Group Holdings... Read more of this article

Photos: BF&M’s Customer Appreciation Day

Photos: BF&M’s Customer Appreciation Day

BF&M marked their 120th anniversary by hosting a special Customer Appreciation Day event on May 19th outside its office. A spokesperson said, “The event aimed to demonstrate appreciation for their customers’ continued trust and loyalty throughout the years and allow the BF&M team the opportunity to connect with customers outside of... Read more of this article

BF&M Share Repurchases For April 2023

BF&M Share Repurchases For April 2023

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of April 2023 the company has purchased the following 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 Share Repurchases For March 2023

BF&M Share Repurchases For March 2023

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of March 2023 the company has purchased the following shares: T/D S/D Price “Buyer” # of shares purchased Status 14-Mar-23 16-Mar-23 $18 BF&M LTD 2,142 Reserved for issuance 22-Mar-23 24-Mar-23 $18 BF&M... Read more of this article

BF&M To Donate $150,000 To HOME Charity

BF&M To Donate $150,000 To HOME Charity

BF&M Limited has committed to a three year sponsorship of HOME, supporting the charity’s mission to end homelessness in Bermuda. A spokesperson said, “Established in 2021, HOME is a non-profit organisation that provides a range of services and programmes to support individuals who are experiencing homelessness. Its goal is to provide shelter... Read more of this article