Hashtag: #ArgusGroup
Argus Closing Office, Offer Phone/Email Service
The Argus Group today announced it would be closing its offices to walk-in traffic from 5:00 pm on Wednesday, March 18th, 2020 and serving its customers exclusively through phone, email and online services. Alison Hill, CEO of The Argus Group, said: “During this unprecedented time, the health and safety of our staff, our customers and the community... Read more of this article
Argus Group Appoints David Brown As Director
In a filing with the Bermuda Stock Exchange [BSX], Argus Group Holdings Limited [Argus Group] announced the appointment as a Director of Mr. David A Brown with effect from February 10, 2020. Related Stories Argus Group Pay Tribute To Sheila Nicoll Curran Resigns As Director Of Argus Group Argus Group Wealth Strengthens Team Argus Group Appoints Janice... Read more of this article
AM Best Affirms Credit Ratings Of Argus Group
AM Best has affirmed the Financial Strength Rating [FSR] of A- [Excellent] and the Long-Term Issuer Credit Rating [Long-Term ICR] of “a-” of Argus Insurance Company Limited and Bermuda Life Insurance Company Limited. Both companies are subsidiaries of Argus Group Holdings Limited. Concurrently, AM Best has affirmed the Long-Term ICR of Argus Group... Read more of this article
Argus Group Reports Earnings Of $3.9 Million
In a filing with the Bermuda Stock Exchange [BSX], Argus Group Holdings Limited announced net earnings of $3.9 million for the the six months ended September 30, 2019. The full filing stated: “Argus Group Holdings Limited today announced net earnings of $3.9 million for the six months ended September 30, 2019, compared with net earnings of $10.0 million... Read more of this article
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
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
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
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 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
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 Stories Argus Group Pay Tribute To Sheila Nicoll Curran Resigns As Director Of Argus Group Argus Group Wealth Strengthens Team Argus Group Appoints Janice Fernandes Caines-Best,... Read more of this article
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
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”
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 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
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
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
