BF&M Limited Announces Continuation of Share BuyBack Programme

Hamilton, Bermuda, 30 June 2020— BF&M Limited (“BF&M”,Ticker: BFM.BH) today announced the continuation of its repurchase programme, approved at a meeting on April 8, 2016 by the Board of BF&M Limited, for a further twelve months.  The share buyback programme enables BF&M to repurchase, at its discretion, up to 241,425 Common Shares at market prices on the Bermuda Stock Exchange.

BACKGROUND

BF&M Limited is the holding company of the BF&M group of companies (“BF&M Group”). The two largest operating companies within the BF&M Group are BF&M Life Insurance Company Limited, a leading provider of life, health and pensions products, and BF&M General Insurance Company Limited, the leading general insurer providing all forms of property, casualty, motor and marine products. The BF&M Group includes several other companies including BF&M Investment Services Limited, BF&M Properties Limited, (including Scarborough Property Holdings Limited and Barr’s Bay Properties Limited), Hamilton Financial Limited, Island Heritage Insurance Company Ltd, and a 51.24% interest in the Insurance Corporation of Barbados Limited.

For further information contact:-
R. John Wight, FCPA, FCA, CPCU, Group Chairman and Chief Executive Officer
Phone 295 5566, Fax 292 8831, e-mail jwight@bfm.bm