Hashtag: #BF&MLimited
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
[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
[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
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
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 Bermuda Championship Seeking Volunteers Virtual... Read more of this article
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 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
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
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 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
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 Bermuda Championship Seeking Volunteers Virtual... Read more of this article
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
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 Bermuda Championship Seeking Volunteers Virtual... Read more of this article
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’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
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 Bermuda Championship Seeking Volunteers Virtual... Read more of this article
