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Bahamas First Holdings Limited (Bahamas)

Main Activities: Other Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Bahamas First Holdings Limited Profile Updated: March 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

The primary activity of the Company is the carrying on of general insurance business (property and casualty) and health and group life insurance. The Company and its subsidiaries are incorporated under the laws of the Commonwealth of The Bahamas, except BFH International Limited, Cayman First Insurance Company Limited, BRAC Insurance Associates Ltd., and BFH Services (Cayman) Limited which are incorporated under the laws of the Cayman Islands.
In identifying its operating segments, management generally follows the Company's business operating activities by geographic location (Bahamas Cayman). The Bahamas' segment includes general insurance only and Cayman's segment includes both general insurance and health and group life. General insurance comprises fire, motor, marine, engineering, and general accidents. The health and life insurance segment includes group life and medical insurance. The Company (BFH) was incorporated in September of 1996 as a result of the merging of two established Bahamian companies, Bahamas First General Insurance Company Limited (BFG) and Nassau Underwriters Agency Insurance Agents Brokers Ltd. (NUA). Both BFG and NUA are wholly owned subsidiaries of BFH. 2020 The company's common stock was traded on the BISX under the symbol BFH.

Headquarters
Bahamas First Centre, 32 Collins Avenue, P.O. Box Ss-6238
Nassau; Nassau;

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Website: http://bahamasfirst.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1996
Key Executives
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Chairman
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President
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Chief Financial Officer
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Chief Operating Officer
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Senior Vice President
Subsidiaries
Bfh International Limited
Company Performance
Financial values in the chart are available after Bahamas First Holdings Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BSD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
60.01%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
-21.99%
Receivables
-46.44%
Total equity
12.64%
Net Premiums Earned Trend
36.97%
Net Profit Trend
63.64%
Return on Equity (ROE)
N/A
Loss Ratio
23.81%
Underwriting Expenses Ratio
16.19%

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