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Argus Group Report $18.6 Million Net Loss

Argus Group Report $18.6 Million Net Loss

Saying it was “against a backdrop of market uncertainty caused by global change and a low growth Bermuda economy,” the Argus Group reported an $18.6 million net loss attributable to shareholders which they said was “caused by a large number of major medical claims and actions taken to complete the restructure of the Group’s balance... Read more of this article

Argus Sells Private Placement Life Business

Argus Sells Private Placement Life Business

The Argus Group today [June 27] announced the sale of its private placement life business, which includes Argus International Life Bermuda Limited and its subsidiaries, Argus International Life Insurance Limited, and Bermuda Life Worldwide Limited, to Advantage Insurance Inc., a specialty private placement life insurance company. The transaction is... Read more of this article

“Meeting The Needs Of The Communities”

“Meeting The Needs Of The Communities”

In response to Bermuda Health Council‘s recent statement “Health Council ‘Increasing Necessary Oversight’”, John Wight, CEO and President, BF&M Limited; Alison Hill, CEO, The Argus Group and Naz Farrow, CEO of Colonial Group International Ltd has released their joint statement. The statement said, “Meeting the needs of the communities... Read more of this article

AFL Investments Rebrands To Argus Wealth

AFL Investments Rebrands To Argus Wealth

AFL Investments Limited has been rebranded to Argus Wealth Management Limited and is now a wholly owned subsidiary of The Argus Group, “Argus Wealth will continue to offer investment options to Bermuda-based private and institutional clients and leverage its existing institutional relationships to provide access to world-class managers through... Read more of this article

Argus Donates $17,000 To Knowledge Quest

Argus Donates $17,000 To Knowledge Quest

The Argus Group has donated $17,000 to scholarship charity, Knowledge Quest, to fund higher education for Bermudians. The funds for the Knowledge Quest donation were generated by the sale of shares held in a trust in the name of John Sainsbury, a former Chief Executive Officer of The Argus Group, for the benefit of scholarships.  Eneye Jatto [Director... Read more of this article

Argus Donates Water Stations To Four Schools

Argus Donates Water Stations To Four Schools

In celebration of World Water Day, the Argus Group has donated bottle filling stations to four public schools. The four schools to receive Elkay EZH2O RetroFit Bottle Filling Stations are Heron Bay Primary, Northlands Primary, TN Tatem Middle School and Victor Scott Primary. These stations will increase access to drinking water at the schools; enabling... Read more of this article

Argus Walks The Walk Set For Sunday, March 18

Argus Walks The Walk Set For Sunday, March 18

The Argus Group will once again sponsor the Argus Walks the Walk event with The Centre on Philanthropy, taking place on Sunday, March 18, starting and ending outside the Argus Building on Wesley Street. A spokesperson said, “This marks the eighth year that Argus has collaborated with The Centre on Philanthropy to present this unique charity walk... Read more of this article

Argus Sponsors Triple Challenge Opening Race

Argus Sponsors Triple Challenge Opening Race

The Argus Group is sponsoring the opening event for the third year at the upcoming Bermuda Triple Challenge on March 16. The Argus Urban Foot Race will take place on the opening night of the annual three-day fitness event. Runners will race around a route in St George’s that leads them through a course featuring 27 obstacles over three kilometres.... Read more of this article

Argus Partners With A Piece Of The Rock

Argus Partners With A Piece Of The Rock

Argus has announced its $25,000 sponsorship of A Piece of the Rock’s new community outreach programme. A spokesperson said, “A Piece of the Rock, a prominent road safety documentary and campaign, is designed to raise awareness of the core issues related to road safety in Bermuda and encourage the public to take action and personal responsibility... Read more of this article

Argus, BF&M Donate $100K For New Facility

Argus, BF&M Donate $100K For New Facility

Argus Group and BF&M have made a joint donation of $100,000 to the Bermuda Diabetes Association [BDA], with each company set to contribute $50,000, towards the development of a new, larger facility at the BDA’s new location at 22 Princess Street. “The funds will be used to develop a comprehensive diabetes education and resource centre... Read more of this article

Argus Donates $15,000 To Family Centre

Argus Donates $15,000 To Family Centre

The Argus Group has made a donation of $15,000 to the Family Centre, helping to fund its Zone Based Counselling programme. As part of Family Centre’s Counselling Services, the Zone Based Counselling programme aims to help families build better coping skills that will help sustain stability, break negative cycles of neglect, abuse and emotional issues... Read more of this article

‘On Call Express Blood Glucose Monitoring’

‘On Call Express Blood Glucose Monitoring’

The Phoenix Stores and Argus Group today announced their partnership to launch the ‘On Call Express Blood Glucose Monitoring System’ to assist those living with Diabetes in Bermuda. Sian Bowen, Chief Pharmacist at The Phoenix Stores, says; “Diabetes now affects more than 300 million people globally and is responsible for one death every six seconds... Read more of this article

Argus Group Reports Net Loss Of $2.3 Million

Argus Group Reports Net Loss Of $2.3 Million

Argus Group Holdings Limited announces their Financial Strength Rating upgrade to A- [Excellent] with a stable outlook and a loss of $2.3 million for the six months ended September 30, 2017, compared with net earnings of $8.2 million for the corresponding period in 2016. Alison Hill, Chief Executive Officer of the Argus Group, comments: “We are delighted... Read more of this article