Hashtag: #BF&MLimited
BF&M Share Repurchases For August 2023
In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of August 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
Etteleon Burchall Earns BF&M Scholarship
Etteleon Burchall has been selected as the recipient of the 2023 BF&M Post Graduate John Wight Scholarship. A spokesperson said, “The scholarship will support her pursuit of a Master of Science degree in Global Health Policy at the University of London. “Etteleon Burchall’s academic journey has been marked by determination, resilience,... Read more of this article
BF&M Reports Net Income Of $13.9 Million
BF&M Limited today reported a net income of $13.9 million for the six months ended 30 June 2023, marking a significant improvement compared to a restated net loss for the comparative period in 2022 of $12.2 million. This marks the second 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: 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 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
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’
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 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
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 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
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 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
