Hashtag: #ArgusGroup

Argus Group Reports Earnings Of $14.2 Million

Argus Group Reports Earnings Of $14.2 Million

Argus Group Holdings today [June 10] announced net earnings of $14.2 million for the 2019 financial year, compared with a net loss of $18.6 million in the corresponding period in 2018. Net equity at March 31, 2019 stood at $120.0 million, an increase of $14.1 million compared to the previous year end. Based on the Group’s financial strength and... Read more of this article

Argus Acquires FirstUnited Insurance Brokers

Argus Acquires FirstUnited Insurance Brokers

The Argus Group has just announced its intention to acquire FirstUnited Insurance Brokers Limited [FirstUnited], an insurance brokerage firm that provides professional insurance broking services to individuals and businesses in Malta. The transaction is subject to receipt of all regulatory approvals. “For many years the Argus Group has successfully... Read more of this article

Argus Announce Acquisition Of One Team Health

Argus Announce Acquisition Of One Team Health

The Argus Group today announced the acquisition of One Team Health [‘OTH’], a leading third-party overseas care administrator. “The purchase forms part of the Argus strategy to diversify and expand its global business operations and develop a business model that reduces healthcare expenses while improving quality of care,” the company... Read more of this article

Argus Sponsors Bermuda Half Marathon Derby

Argus Sponsors Bermuda Half Marathon Derby

The Bermuda Half Marathon Derby Committee welcomes Argus as its new lead sponsor as it celebrates 110 years. Derby Committee President, Dr. Gina Tucker said, “I am simply thrilled about this celebratory year and am extremely grateful for the support shown by Argus as our new lead sponsor. “Our shared legacies of commitment to the health and... Read more of this article

Argus Group Reports Earnings Of $10 Million

Argus Group Reports Earnings Of $10 Million

Argus Group Holdings Limited today [Dec 10] announced net earnings of $10 million for the six months ended September 30, 2018, compared with a net loss of $2.3 million in the corresponding period in 2017. Alison Hill, Chief Executive Officer of the Argus Group, says: “We are pleased with this solid result which is supported by strength in our insurance... Read more of this article

Argus Appoints Simmons As Director

Argus Appoints Simmons As Director

In a filing with the Bermuda Stock Exchange [BSX], Argus Group Holdings announced the appointment as a Director of Mr. Everard Barclay Simmons with effect from November 6, 2018. Related StoriesArgus CFO Retires: Dunkerley To Replace Pugh Argus Group Reports Net Profit Of $8.2 Million AFL Investments Rebrands To Argus Wealth Argus Partners... Read more of this article

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