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A.M. Best affirms BF&M’s “A” (Excellent) Financial Strength Ratings
Hamilton, Bermuda – 11 August, 2011 – BF&M Limited (Ticker: BFM.BH) today announced that rating agency A.M. Best had affirmed the A (Excellent) financial strength ratings for BF&M’s two principal operating companies, BF&M General Insurance Company Limited, and BF&M Life Insurance Company Limited.
A.M. Best cited “BF&M General’s consistent overall profitability, excellent capitalization, and top line premium growth”. They further cited “BF&M Life’s consistently reported positive net income and premium growth for the past five years”.
President & CEO John Wight stated that “we were very pleased to be informed by A.M. Best of the financial strength ratings for our companies. These are the strongest financial strength ratings of any Bermuda domestic insurance company”.
For further information contact :-
R. John Wight C.A,CPCU, President & Chief Executive Officer
Phone 295 5566, Fax 292 8831, e-mail jwight@bfm.bm