August 15, 2022

A.M best affirms financial strength ratings for Cayman Islands’ Island Heritage

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Island Heritage Insurance Company, Ltd. (“Island Heritage” or “the Company”) announced today that A.M Best has affirmed its financial strength rating of A (Excellent), along with the financial strength ratings of all main insurance operating companies of parent company BF&M Limited, as follows: BF&M General Insurance Company Limited: A (Excellent) Bermuda BF&M Life Insurance Company […]

Bermuda: BF&M to launch its first share buyback

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By Jonathan Kent, Business Editor From Royal Gazette BF&M Ltd has announced the first share buyback programme in the company’s history at a time when the company is trading at little more than half of its book value. The programme, authorised by the insurer’s board of directors, will enable BF&M to buy back 500,000 of […]

BF&M records $25.2m profit for 2013

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By Don Burgess, Deputy Editor BDA Sun BF&M has reported a profit for 13 straight years after recording net income of $25.2m for 2013. Shareholders’ net income for the comparative period of 2012 was $21.9 million. President and CEO, John Wight, stated that “this marked the thirteenth straight year that BF&M has achieved a return […]