Financial strength


BF&M’s strong financial position enables us to continue taking decisive steps to deliver long-term growth and resilience. We are navigating a complex insurance landscape and dynamic macro environment with disciplined risk management at the forefront of everything we do. As a result, we have sustained positive earnings and increased dividends to shareholders during the first six months of the year.

Highlights

For the six months ended 30 June 2024 and 2023

Financial strength


BF&M’s strong financial position enables us to continue taking decisive steps to deliver long-term growth and resilience. We are navigating a complex insurance landscape and dynamic macro environment with disciplined risk management at the forefront of everything we do. As a result, we have sustained positive earnings and increased dividends to shareholders during the first six months of the year.

Download 2024 Six Month Financials and Corresponding Notes


Highlights

For the six months ended

30 June 2024 and 2023

Insurance revenue

$198,989

vs. $178,527 in 2023


Net income / (loss) (in $000's)

$7,453

vs. $13,889 in 2023


Cash dividends (in $000's)

$5,046

vs. $4,651 in 2023


Net earnings per share

$0.80

vs. $1.54 in 2023


Cash dividends per share

$0.56

vs. $0.52 in 2023


Annualised return on general fund assets

1.5%

vs. 3.0% in 2023


Annualised return on shareholders’ equity

4.8%

vs. 9.2% in 2023


Download Six Month Financials

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