Hashtag: #BF&MLimited
BF&M Reports Nine Month Earnings Of $12.6M
In a filing with the Bermuda Stock Exchange, BF&M Limited announced net income for the nine months ended 30th September 2019. The full filing stated, “BF&M Limited today reported shareholders’ net income for the nine months ended 30th September 2019 of $12.6 million. Shareholders’ net income for the comparative nine month period of... Read more of this article
Photos & Video: Breast Cancer Awareness Walk
[Updated with photos] The 23rd annual BF&M Breast Cancer Awareness Walk — which serves to help raise funds for the Bermuda Cancer and Health Centre —- was held this evening [Oct 16], with the event getting underway at Barr’s Bay Park, beginning with the BF&M Health Fair and continuing with a Zumba warm-up, the walk and then the survivor... Read more of this article
AM Best Affirms Credit Ratings Of BF&M Limited
AM Best has affirmed the Financial Strength Rating [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a” of BF&M Life Insurance Company Limited, BF&M General Insurance Company Limited, and Island Heritage Insurance Company, Ltd. Furthermore, AM Best has affirmed the FSR of A- [Excellent] and the Long-Term... Read more of this article
BF&M Reports Half Year Net Income Of $11.4M
In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited today [Sept 9] announced net income for the six months ended 30th June 2019. The full filing stated, “BF&M Limited today reported shareholders’ net income for the six months ended 30th June 2019 of $11.4 million. Shareholders’ net income for the comparative six month... Read more of this article
BF&M Share Repurchases For August 2019
In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited advised that pursuant to its share repurchase programme, during the month of August 2019 the company repurchased 2,826 common shares at an average price of $17.25. The Company advised the repurchased shares were reserved for issuance. Related Stories BF&M Prepare 300 Packages,... Read more of this article
BF&M Donates To Red Cross To Help Bahamas
BF&M has made a substantial donation to the Red Cross to help those affected by Hurricane Dorian in the Bahamas. Dorian — a Category 5 hurricane described as one of the most intense storm on record to make landfall anywhere in the North Atlantic Ocean Basin — slammed the Bahamas leaving at least 5 people dead and causing catastrophic... Read more of this article
BF&M Joins Bermuda Championship As Sponsor
The Bermuda Championship has announced BF&M as the official volunteer programme sponsor for the tournament, which is set to take place October 28 through November 3 at Port Royal Golf Course in Southampton. John Wight, Chairman and CEO of BF&M Limited, said, “The success of any world-class event is due in no small part to the enthusiasm and... Read more of this article
BF&M Share Repurchases For July 2019
In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited advised that pursuant to its share repurchase programme, during the month of July 2019 the company repurchased 7,033 common shares at an average price of $17.45. The Company advised the repurchased shares were reserved for issuance. Related Stories BF&M Prepare 300 Packages,... Read more of this article
Lily Chen Joins BF&M Limited As Group CFO
In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited today [July 29] announced their CFO appointment. The full filing stated: “BF&M Limited [BF&M] announced today the appointment of Ms. Lily Chen as Group Chief Financial Officer of BF&M Limited. “Before joining BF&M, Ms. Chen served as Divisional Chief Financial... Read more of this article
Butterfield & BF&M Sponsor Triangle Challenge
Following the announcement of the transformation of the Bermuda Triangle Challenge [BTC], the BTC organizing committee announced that the Bank of Butterfield will be the exclusive lead sponsor for the Front Street Mile event, to be held on Friday, January 17, 2020, and BF&M will be the exclusive lead sponsor for the 10k Walk & Run event, to... Read more of this article
BF&M Reports First Quarter Earnings Of $4.8M
BF&M Limited today reported shareholders’ net income for the three months ended 31st March 2019 of $4.8 million. Shareholders’ net income for the comparative three month period of 2018 was $3.1 million. Group Chairman and CEO John Wight stated, “BF&M reported good results for the first quarter of 2019. Our earnings were driven by the... Read more of this article
BF&M Continues Share Buyback Programme
BF&M Limited announced the continuation of their Share Buyback Programme for a further 12 months. The Share Buyback Programme will enable BF&M to repurchase, at its discretion, up to 279,084 Common Shares at market prices on the Bermuda Stock Exchange. Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M Sponsors Free For... Read more of this article
Michael Scott: ‘Greed, Not The Government’
“While BF&M’s increase is being falsely blamed on the government, their decision is being driven by the primal forces of greed rather than anything else,” MP Michael Scott said, while BF&M said they remain “focused on serving our customers and keeping them informed of the factors impacting their rates.” MP Michael Scott statement MP... Read more of this article
BF&M Announces Shareholder Dividend Increase
BF&M Limited has announced an increase in the quarterly dividend, for declaration on June 28, 2019, from 22c per share to 24c per share payable to shareholders on July 15, 2019. John Wight, President and Chief Executive Officer of BF&M Limited, said: “In reflection of the Company’s strong financial performance for the year ended 2018 and... Read more of this article
BF&M Reports Net Income Of $20.2 Million
In a filing with the Bermuda Stock Exchange [BSX], BF&M today [April 9] reported shareholders’ net income for the year ended 31st December 2018. The full filing stated: “BF&M Limited today reported shareholders’ net income for the year ended 31st December 2018 of $20.2 million. Shareholders’ net income for the comparative twelve month... Read more of this article
BF&M Share Repurchases For February 2019
In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited advised that pursuant to its share repurchase programme, during the month of February 2019 the company repurchased 41,473 common shares at an average price of $16.16. The Company advised the repurchased shares were reserved for issuance. Related Stories BF&M Prepare 300 Packages,... Read more of this article
