Hashtag: #ArgusGroup

AM Best On Credit Ratings Of Argus & BF&M

AM Best On Credit Ratings Of Argus & BF&M

AM Best has commented following the news that BF&M and Argus Group “have signed a definitive amalgamation agreement, pursuant to which BF&M and Argus will combine in an all-stock transaction.” A statement from the ratings agency said, “AM Best has revised the implications of the under review status to positive from developing... Read more of this article

BF&M & Argus Announce Merger Agreement

BF&M & Argus Announce Merger Agreement

BF&M and Argus Group announced today that they “have signed a definitive amalgamation agreement, pursuant to which BF&M and Argus will combine in an all-stock transaction.” A spokesperson said, “The transaction is subject to required regulatory approvals and shareholder approval with a planned completion date for the amalgamation... Read more of this article

Argus Group Announces Operating Results

Argus Group Announces Operating Results

Argus Group today announced net income for the year ended 31 March 2024 of $7.3 million, compared to $15.6 million in the previous year as restated for IFRS 17 A spokesperson said, “This IFRS reported net income was impacted by one-off adjustments from the transition to IFRS 9 and 17, and exceptional project costs. Net operating earnings for... Read more of this article

Argus: No Share Repurchases In May 2024

Argus: No Share Repurchases In May 2024

Argus Group Holdings Limited reported that no share repurchases were made by the Company for the month ending May 31 2024. The filing stated, “The company announces that pursuant to Regulation 6.44 of the BSX Listing Regulations that the Company made no repurchases for the month ended 31 May 2024.” Related Stories Argus Group Announces... Read more of this article

Argus: No Share Repurchases In April 2024

Argus: No Share Repurchases In April 2024

In a filing with the Bermuda Stock Exchange, Argus Group Holdings Limited announces that pursuant to Regulation 6.44 of the BSX Listing Regulations that the Company made no repurchases for the month ended 30 April 2024. Related Stories Argus Group Announces Operating Results Argus: No Share Repurchases In May 2024 Argus: No Share Repurchases In... Read more of this article

Argus: No Share Repurchases In February 2024

Argus: No Share Repurchases In February 2024

In a filing with the Bermuda Stock Exchange, Argus Group Holdings Limited advised that pursuant to its share repurchase programme, during the month of February 2024, the company has not repurchased any shares. Related Stories Argus Group Announces Operating Results Argus: No Share Repurchases In May 2024 Argus: No Share Repurchases In April 2024 Argus:... Read more of this article

Argus: No Share Repurchases In January 2024

Argus: No Share Repurchases In January 2024

In a filing with the Bermuda Stock Exchange, Argus Group Holdings Limited advised that pursuant to its share repurchase programme, during the month of January 2024, the company has not repurchased any shares. Related Stories Argus Group Announces Operating Results Argus: No Share Repurchases In May 2024 Argus: No Share Repurchases In April 2024 Argus:... Read more of this article

Argus Donates $11,500 To Open Airways

Argus Donates $11,500 To Open Airways

The Argus Group donated $11,500 to Open Airways for the fifth consecutive year, helping to sustain the impactful Spacer Programme and their goal to distribute over 1,000 spacers annually. A spokesperson said, “Totalling $42,360 over five years, Argus’s contributions have been pivotal to the success of this health initiative. “This donation... Read more of this article

Argus: No Share Repurchases In December 2023

Argus: No Share Repurchases In December 2023

In a filing with the Bermuda Stock Exchange, Argus Group Holdings Limited advised that pursuant to its share repurchase programme, during the month of December 2023, the company has not repurchased any shares. Related Stories Argus Group Announces Operating Results Argus: No Share Repurchases In May 2024 Argus: No Share Repurchases In April 2024 Argus:... Read more of this article

Argus Group Reports Latest Financial Results

Argus Group Reports Latest Financial Results

The Argus Group reported results for the six months ended September 30, 2023. Argus Chief Executive Officer, Alison Hill, stated “There was good momentum in our business in the first half of the year, with insurance revenue increasing by 9 per cent, fee revenues rising by 16 per cent, and very strong operating cashflows. The business continues to... Read more of this article

Argus: No Share Repurchases In November 2023

Argus: No Share Repurchases In November 2023

In a filing with the Bermuda Stock Exchange, Argus Group Holdings Limited advised that pursuant to its share repurchase programme, during the month of November 2023 the company has not repurchased any shares. Related Stories Argus Group Announces Operating Results Argus: No Share Repurchases In May 2024 Argus: No Share Repurchases In April 2024 Argus:... Read more of this article

Argus Sets Date For Annual General Meeting

Argus Sets Date For Annual General Meeting

Argus Group has disclosed that its 2023 annual general meeting of shareholders is scheduled for Friday, December 29th. A spokesperson said, “In a filing with the Bermuda Stock Exchange, Argus Group Holdings Limited announced that it will hold its 2023 annual general meeting of shareholders on Friday, 29 December, 2023 at 9:00 a.m. Meeting materials... Read more of this article

Argus Group Donates $52,500 To BHB

Argus Group Donates $52,500 To BHB

Bermuda Hospitals Board [BHB] expressed gratitude for a $52,500 donation from The Argus Group, facilitated by the Bermuda Hospitals Charitable Foundation. A spokesperson said, “Bermuda Hospitals Board [BHB] today thanks the Bermuda Hospitals Charitable Foundation for facilitating the donation of $52,500 from The Argus Group to purchase a GreenLight... Read more of this article

Argus: No Repurchases In October 2023

Argus: No Repurchases In October 2023

Argus Group Holdings reported zero share repurchases in October 2023, according to their Bermuda Stock Exchange filing. A spokesperson said, “In a filing with the Bermuda Stock Exchange [the Exchange], Argus Group Holdings Limited [the Company; Ticker: AGH.BH] advised that pursuant to its share repurchase programme, during the month of October... Read more of this article

BF&M Option To Purchase 13.7% Of Argus

BF&M Option To Purchase 13.7% Of Argus

BF&M and Equilibria, which is the largest shareholder of the Argus Group, announced that Equilibria will grant BF&M an “exclusive option to acquire a 13.7% stake in Argus.” This follows after news earlier this year that an Argus subsidiary entered into an agreement to purchase 36.9% of BF&M. A spokesperson said, “BF&M... Read more of this article

Curran Resigns As Director Of Argus Group

Curran Resigns As Director Of Argus Group

Garrett Curran has resigned as a director from Argus Group Holdings Limited and its subsidiaries Centurion Insurance Services Limited and Antes Insurance Brokers Limited. The filing said, “In a filing with the Bermuda Stock Exchange, Argus Group Holdings Limited, announced the following director resignation. “We wish to advise that Mr. Garrett... Read more of this article