Argus News

Hamilton, Bermuda (December 29, 2023) - Argus Group Holdings Limited (the “Group”; “the Company”; the “Argus Group”) today announces certain Board and Byelaw changes pursuant to its AGM held on 29 December 2023.     At the AGM, the Company’s shareholders approved amendments to the Company’s Byelaws to reduce the board size to a maximum of nine Directors (previously the maximum was 12), and to introduce nine-year term limits for directors of the Company.   

Hamilton, Bermuda (December 20, 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 deliver solid net operating earnings, even as claims costs continue to revert to longer term trend levels.” Revenue for the period was $92.5 million, rising 9 per cent ...

Hamilton, Bermuda: 24 November 2023 - In a filing with the Bermuda Stock Exchange, Argus Group Holdings Limited ("Argus"; Ticker: AGH.BH) announced that it will hold its 2023 annual general meeting of shareholders on Friday, 29 December 2023 at 9:00 a.m. Meeting materials including further details about the meeting will be disseminated to shareholders of the Company on or about 11 December, 2023....

Hamilton, Bermuda (October 5, 2023) – The Argus Group is proud to announce its participation in the Keep Bermuda Beautiful (KBB) Coastal Clean-Up on September 29th, 2023, at Admiralty House. A total of 30 dedicated Argus employees volunteered their time and energy to support this impactful charity initiative that seeks to maintain the island’s beaches and coastal areas. KBB has been hosting this annual coastal clean-up, a fixture on the charity's calendar, for more than 20 years. This in...

Hamilton, Bermuda (September 21, 2023) – The Argus Group is excited to announce the appointment of Louis Millar as the new Head of Argus Wealth Management (AWM), succeeding former Head, Joel Schaefer. Millar joined AWM in 2007 as an Assistant Vice President of Operations and transitioned to the Head of Operations in 2014. His journey has been defined by his dedication to holistic financial wellbeing, driven by bespoke investment management, risk mitigatio...

Hamilton, Bermuda (July 27, 2023) – The Argus Group is delighted to announce the successful completion of its 2023 Summer Internship Programme. Over the course of 12 weeks, 14 students were given the opportunity to gain real-world experience in various departments across the organisation. The programme, which aims to nurture and empower the next generation of professionals, has offered internship opportunities to a total of 36 high-school and university students, and recent graduates, over the p...

Hamilton, Bermuda (July 13, 2023) - The Argus Group has released its second annual Sustainability Report focusing on a new vision, mission and brand purpose that will drive all actions and decisions – to be “a powerful force for sustainable wellbeing”. While last year’s inaugural report provided a framework for the Group’s future ambitions, the 2023 report shows meaningful progress made over the last year, including a roadmap that will ensure material climate change considerations are embed...

Hamilton, Bermuda (June 29, 2023) - Argus Group Holdings Limited (the “Group”; “the Company”; the “Argus Group”) today announced that effective 1 July 2023, the Company will extend the share repurchase programme and may purchase up to 150,000 shares over the next year, at market prices on the Bermuda Stock Exchange....

Hamilton, Bermuda (June 26, 2023) - Argus Group Holdings Limited (the “Group”; “the Company”; the “Argus Group”) today announced net income for the year ended 31 March 2023 of $27.7 million, compared to $25.7 million in the previous year. Argus Chief Executive Officer, Alison Hill, stated: “Despite the macro-economic turmoil seen through this fiscal year, we are very pleased with how the Argus Group has continued to show resilience and delivered another ye...

Hamilton, Bermuda (June 6, 2023) - Argus to purchase stake in BF&M Limited. Argus Group Holdings Limited (“Argus”) is pleased to announce that its subsidiary, Bermuda Life Insurance Company Limited (“BLIC”), has entered into a share purchase agreement with Lawrie (Bermuda) Limited (“Lawrie”), a wholly-owned subsidiary of Camellia Plc (“Camellia”), to purchase Camellia’s 36.9% shareholding in BF&M Limited (“BF&M”), a Bermuda-based insurance business. ...

Hamilton, Bermuda (March 7, 2023) – In recognition of Black History Month, the Argus Group hosted a series of employee events throughout February, to raise awareness on issues of race, inclusion and belonging; highlighting the contributions of the island’s Black community and creating a platform for the Black experience to be heard. Organised by the Argus Group’s anti-racism and bias committee, colleagues were encouraged to get involved by attending events, training and connecting with team memb...

Hamilton, Bermuda (December 8, 2022) – Today, the Argus Group announced that it will support the Open Airways’ Spacer Programme with a donation of $8,360. This is the fourth year Argus has supported the charity’s pledge to distribute at least 1,000 spacers, which cost between $12.50 and $21.50 each, throughout the local community.   While inhalers are doctor prescribed, using a spacer alongside the device helps the inhaled medication to work more effectively and efficiently with fe...

Hamilton, Bermuda (December 5, 2022) – Argus Group Holdings Limited (the “Group”; “the Company”; the “Argus Group”) today announced net income for the six months to September 30, 2022 of $26.3 million, compared to $8.1 million in the previous year. Argus Chief Executive Officer, Alison Hill stated, “The financial results for the six months to September 30, 2022 were largely driven by the global inflationary pressures and the resulting increases in interest rates. We invite our ...

Hamilton, Bermuda – 26 October 2022 – The Argus Group today released its inaugural Sustainability Report which features its future sustainability goals and its environmental, social and governance (ESG) key achievements over the past year. The report highlights Argus’ impressive sustainability journey and that the focus and commitments made in the Sustainability report are very natural and authentic to Argus. Sustainability principles have been woven into the very fabric of the business ...

Hamilton, Bermuda (August 29, 2022) – Today, the Argus Group announced the winner of the 2022 Sheila Nicoll Argus Award, a $15,000-a-year scholarship, granted annually for three years. Successful candidate, Vincent Darrell, will begin his degree in Business Management and Marketing at Solent University, UK, in September. The new award honours former Argus board member and veteran insurance executive, Sheila Nicoll, to recognise her commitment to the future of Bermuda by investing in...

Hamilton, Bermuda – 17 August 2022 – Today the Argus Group released its Annual Report for the financial year ended 31 March 2022. The report’s theme is More Than Meets The Eye, inviting the reader to take a closer look and learn how Argus is delivering value for shareholders through its accelerated pace of change and growth. Argus Group Chief Executive Officer Alison Hill stated, “Earlier this year, we were delighted to report how the Argus ...

Hamilton, Bermuda (August 8, 2022) – The Argus Group today announced the appointment of Ms. Janice Fernandes as the Company Secretary. She replaces the Interim Company Secretary, Mr. Simon Giffen. The appointment is effective immediately. Ms. Fernandes will manage all corporate secretarial matters related to Argus Group Holdings Limited, ensuring they comply with legal and regulatory requirements....

Hamilton, Bermuda (June 21, 2022) – Argus Group Holdings Limited (the “Group”; “the Company”; the “Argus Group”) today announced net income for the year ended March 31, 2022 of $25.7 million compared to $10.1 million in the previous year. Argus Chief Executive Officer, Alison Hill stated, “This year’s financial results are outstanding. We invite our shareholders, investors and our customers to take a closer look at our business and how we have successfully evolved into a physical an...

Hamilton, Bermuda (April 13, 2022) – Argus Americas today announced the recent appointments of Mrs. Kimberley D. Caines-Best as the Senior Legal Counsel and Mrs. Tawanna Wedderburn as the Vice President, Practice Operations. Additionally, Mrs.?Sasha Castle-Siddiq has been promoted to?the position of Legal Counsel – Head of Compliance?and Mrs. Akilah Albuoy was promoted to?Head of Programme/Project Management (Americas). Peter Lozier, CEO Argus Americas stated, “Argus Am...

Hamilton, Bermuda (March 3, 2022) – The Argus Group today announced it has raised nearly $20,000 for local charities, with the help of its customers. The funds raised were used to purchase 10,000 antigen test kits for the island’s 32 nonprofit organisations and were distributed throughout February.  Last November, Argus partnered with The Phoenix Stores for the community fundraiser by purchasing 10,000 He...

Hamilton, Bermuda (February 10, 2022) – The Argus Group today announced the launch of the Sheila Nicoll Argus Award. Ms. Nicoll was a member of the Argus Group Board of Directors for 14 years and was the Chair from 2008 until her retirement in 2021.  Argus invites applications from undergraduate students who are studying Actuarial Science, Business, Economics, Finance, Insurance and Risk Management, Mathematics, Pure Science, Biology, Chemistry, Information Technology, Engineering, ...

Hamilton, Bermuda (December 20, 2021) – AM Best has affirmed the Argus Group’s Financial Strength Rating of A- (Excellent). Argus Group CEO, Alison Hill commented, “AM Best’s rating is a reflection of the Argus Group’s focus on diversifying the company’s local and international products and services, which includes the merging of the broker business in Europe to create Antes, the largest domestic insurance broker in Malta and the purchase in 2020 of the tw...

Hamilton, Bermuda (December 16, 2021) – The Argus Group today announced the appointment of Aderonke Bademosi Wilson as the Chief Communications Officer for the global organization. She will be responsible for the development and oversight of a corporate communications strategy aligned with business imperatives which include media relations, branding, image and reputation management and internal communications.  

Hamilton, Bermuda (December 6, 2021) – Argus Group Holdings Limited (the “Argus Group” or the “Group”) today announced earnings of $8.1 million for the six months to September 30, 2021. Shareholders’ equity grew by $7.8 million over the same period to stand at $157.5 million as at September 30, 2021. These solid six month results are due to good underlying performance across all main lines of business. On-going market-driven volatility in the annuity business continues to be a drag ...

Hamilton, Bermuda (November 29, 2021) – Centurion Insurance Services Limited (“Centurion”), a wholly owned subsidiary of the Argus Group Holdings Limited (the “Argus Group”), today announces the appointment of Ryan Eve as Vice President, Broking. In his new position, Ryan will lead operations at Centurion, a Bermuda-based insurance broker that has successfully served the public, financial and legal service sectors for over 25 years.   Prior to this, Ryan was Vice President of Pro...

Hamilton, Bermuda (November 8, 2021) – Argus Group Holdings Limited (“the Group”; “the Company”; “the Argus Group”) today announced that it will be partnering with The Phoenix Stores, to provide rapid, at-home COVID-19 Antigen test kits to Argus-insured members at a discounted rate. Argus has purchased 10,000 Healgen® lateral flow test kits to be distributed between the island’s Phoenix Stores pharmacies. They will be sold to Argus insureds for $2, a significant discount from the ...

Hamilton, Bermuda (August 11, 2021) – Argus Group Holdings Limited (“the Group”; “the Company”; “the Argus Group”) today announced that it is establishing a scholarship in honour of Sheila Nicoll, who has recently stepped down as Chair of the Company. Ms. Nicoll, who has served on the Argus Group Board for 15 years, held the position of Chair for 10. “The Sheila Nicoll Award has been created to honour the remarkable contribution that Sheila has made to Argus,” said Group CEO Alis...

Hamilton, Bermuda (July 20, 2021) – Argus Group Holdings Limited (the “Group”, “Company”, or “Argus Group”) today announced that its Donations Committee in Bermuda has distributed $170,000 to more than 17 Bermuda-registered charities for the Company’s 2022 fiscal year. The financial grants, which fund non-profit activity between April 1, 2021, and March 31, 2022, are the result of a three-month vetting process undertaken by Chair Joel Schaefer and a s...

Hamilton, Bermuda (July 14, 2021) – Argus Group Holdings Limited (the “Group”, “Company” or “Argus Group”) today announced that it has released its annual report for the fiscal year ending March 31, 2021. In keeping with the Company’s commitment to reduce its carbon footprint, this report has been designed and produced in a digital format and will not be printed. In addition to presenting Argus Group’s financials, a Letter to Shareholders from the new Board Chair David Brown, and...

Hamilton, Bermuda (June 28, 2021) – Argus Group Holdings Limited (the “Group”; “the Company”; the “Argus Group”) today announced shareholders’ equity of $149.7 million at March 31, 2021, compared with $122.1 million at March 31, 2020, and total comprehensive income, consisting of net earnings and net unrealised gains from investments, of $30.7 million compared to $3.6 million in the prior year.   End-of-year net earnings were $10.1 million compared with $14.2 million in t...

Hamilton, Bermuda (May 20, 2021) – The Argus Group (“Argus”) announced today that its Bermuda Life Insurance Company Limited is issuing a rebate to qualifying health insurance policyholders, passing benefits realised from lower claims activity on to their clients. The move follows a rebate in April 2020 last year issued by the Argus Insurance Company Limited in the form of a 50 per cent refund of motor insurance premiums. The rebate on health insurance reflects a portion of the claims no...

Hamilton, Bermuda (April 14, 2021) – Argus Group Holdings Limited (“Argus”, the “Company” or the “Argus Group”) today announced that it has appointed Constantinos “Costas” Miranthis and Garrett Curran to its Board of Directors. Both appointments were effective as of April 12, 2021. “I am very pleased to welcome Costas and Garrett to the Argus Board,” said Chairman David Brown. “They bring a wealth of experience as well as expertise in the re/insurance and financial services sectors. As A...

Hamilton, Bermuda (March 12, 2021) – The Argus Group is partnering with the Employee Assistance Programme (EAP) to sponsor a series of webinars aimed at providing mental and emotional support to individuals dealing with elevated stress levels during the pandemic. Looking for a way to support the community during the changes brought on by COVID-19, last year the EAP team introduced a series of weekly group wellness webinars, which focused on topics such as relationships, communication, se...

Hamilton, Bermuda (February 15, 2021) – Argus Group Holdings Limited (“Argus”, the ”Company” or the “Argus Group”) is pleased to announce that it has appointed insurance industry veteran, David A. Brown, as Chairman of the Board, effective April 1st. Mr. Brown will succeed Sheila Nicoll, who has been a member of the Board for 15 years and who has served as the Chairman since 2010. Ms. Nicoll said, “Over my years as Chairman, the Board has strongly promoted strategies to enhance future gr...

Hamilton, Bermuda (December 21, 2020) – The Argus Group decked the halls of Teen Haven last week to ring in the holiday season and give to those adversely affected by the COVID-19 pandemic. The luncheon celebration on Thursday, December 17th included decorations, gifts for each resident and a monetary donation from The Argus Group and its staff. Teen Haven provides comprehensive services for homeless teen mothers, young women and their children, including housing, counselling and life sk...

(Hamilton, Bermuda, December 14, 2020) – The Argus Group will temporarily close its offices to walk-in traffic, after a staff member tested positive for the coronavirus. Out an abundance of caution, the premises will undergo a deep cleaning before the doors are scheduled to reopen to the public on Monday, December 21st. Upon reopening, safety measures, including the use of masks, hand sanitiser, social distancing, and office sterilising will remain in place. To keep the communi...

(Hamilton, Bermuda, December 7, 2020) - Against a backdrop of economic and operational upheaval due to COVID-19 and ongoing changes in the regulatory environment, Argus Group Holdings Limited (the “Group” or the “Argus Group”) is today reporting a $0.7 million net loss attributable to shareholders for the six months to September 30, 2020. However shareholders’ equity increased 18% over the same period, from $122.1 million as at March 31, 2020 to $144.6 million as at September 30, 2020. A...

Hamilton, Bermuda (September 22, 2020) – The Argus Group is proud to be celebrating 70 years of service. That's 70 years of providing financial security, physical well-being and peace of mind to people living within the communities in which Argus operates: Bermuda, Gibraltar, Malta and Canada. To mark this significant milestone, Argus will be donating over $70,000 to youth programmes using the Argus: Our Future Is You initiative. Our Future is You is a community contest encouraging ...

Hamilton, Bermuda (June 30, 2020) – As part of its strategy to diversify its operations and develop a business model that drives up quality of healthcare while seeking to drive down costs, Argus Group Holdings Limited (the “Argus Group” or “Argus”) today announced the acquisition of primary care medical practices, Island Health Services and the Family Practice Group. This investment is the first phase of a strategic plan to create a ‘Better Health Partnership’, which will offer grea...

(Hamilton, Bermuda, June 16, 2020) - Argus Group Holdings Limited (the “Group” or the “Argus Group”) today announced net earnings of $14.2 million for the 2020 financial year, which is consistent with the earnings reported in the corresponding period in 2019. Net equity at March 31, 2020 stood at $122.1 million. Based on the Group's financial strength and strong performance a dividend of 9 cents per share for shareholders of record as of July 27, 2020 payable on August 28, 2020 has been declared...

(Hamilton, Bermuda, 10 June 2020) – Argus Group’s car, motorcycle and small business customers will receive a 50 per cent rebate on their motor insurance policy premiums for the month of April as a result of decreased driving and claims during to the shelter-in-place period. Customers can choose how they would like to receive their rebate — as a refund, a credit that can be applied to a new or existing policy or, with the policyholder’s consent, Argus can donate the credit to the Bermuda...

(Hamilton, Bermuda, 15 April 2020) – The Argus Group has launched a telenurse advice hotline for their customers while they ‘Shelter in Place’ in response to the COVID-19 pandemic. This service, available 24 hours a day, seven days a week, provides quick and easy medical advice to Argus health insurance clients as they are advised not to visit their doctors’ offices or the hospital for non-emergency health concerns during the COVID-19 pandemic. Aimed at Argus Health insureds seeking medi...

(Hamilton, Bermuda, 31 March 2020) – The Argus Group today announced a donation of The MarketPlace gift cards worth $10,000 to the Women’s Resource Centre. The grocery gift cards are intended to support families experiencing economic difficulties during the COVID-19 pandemic. Alison Hill, CEO of The Argus Group, said: “Argus recognises that in times of financial crisis, the immediate needs of families are for food. In keeping with our commitment to the health of Bermuda, we have mad...

(Hamilton, Bermuda, March 18, 2020) – 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 is of the utmost importance to Argus. In light of the COVID-19 situation, we have made the decis...

Hamilton, Bermuda (December 10, 2019) – Argus Group Holdings Limited (the “Group” or the “Argus Group”) today announced net earnings of $3.9 million for the six months ended September 30, 2019, compared with net earnings of $10.0 million in the corresponding period in 2018. Strong underlying earnings from operations Investment earnings of $13.6 million Dividend declared of 9 cents per share Continued investment in strategy Alison Hill, ...

Hamilton, Bermuda (June 10, 2019) – Argus Group Holdings Limited (the “Group” or the “Argus Group”) today 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. Strong underlying earnings from all operating segments Continued investment in...

Hamilton, Bermuda (May 27, 2019) – 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 operated independent brokerage and insurance companies in Bermuda, Gibraltar and m...

Hamilton, Bermuda (May 20, 2019) – The Argus Group today announces 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. Headquartered in Toronto, Canada, OTH specialises in medical case management and offers access to top quality healthcare providers aro...

(Hamilton, Bermuda, December 10, 2018) – Argus Group Holdings Limited (the “Group” or the “Argus Group”) today announced net earnings of $10.0 million for the six months ended September 30, 2018, compared with a net loss of $2.3 million in the corresponding period in 2017. Strong underlying earnings from operations Investment earnings of $7.9 million Dividend declared of nine cents per share Ali...

Hamilton, Bermuda (July 20, 2018) – Against a backdrop of market uncertainty caused by global change and a low growth Bermuda economy, the Argus Group is today reporting an $18.6 million net loss attributable to shareholders. This was caused by a large number of major medical claims and actions taken to complete the restructure of the Group’s balance sheet. Alison Hill, Chief Executive Officer of the Argus Group, says: “My job is to deliver long-term sustainable value to shareholders, cu...

Hamilton, Bermuda (April 30, 2018) –  AFL Investments Limited has been rebranded to Argus Wealth Management Limited (“Argus Wealth”) 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 a simple and cost-effective structure. Advisory services are available to ...

Hamilton, Bermuda (April 5, 2018) –  The Argus Group today announces that it 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. The donation will contribute towards the 2018-19 scholarship recipients, who have ...

Hamilton, Bermuda (March 26, 2018) – The Argus Group today announces the winners of the 2018 School Lunch Challenge. The competition, sponsored by The Argus Group and the Bermuda Dietitians Association in partnership with the Department of Health, is open to all school-aged children in primary and middle years. The goal of the School Lunch Challenge is to reinforce the Healthy Schools Nutrition Policy for the consumption of healthy foods at schools and to encourage students to demon...

Hamilton, Bermuda (March 21, 2018) –  In celebration of World Water Day (March 22), The Argus Group today announces that it 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 students to quickly and neatly refill their water bott...

Hamilton, Bermuda, March 12, 2018 – Argus today announces it has donated $13,000 to support science, technology, engineering, and mathematics (STEM) education at Sandys Secondary Middle School. The donation will go toward purchasing Google Chromebooks, which will be used to expand Sandys Secondary Middle School’s STEM education programme. The Chromebooks will enable students to learn about robotics, coding, calculations, engineering and open new avenues of research methods. The technolog...

Hamilton, Bermuda (March 5, 2018) – The Argus Group today announces that it will once again sponsor the popular Argus Walks the Walk with The Centre on Philanthropy, which takes place on Sunday, March 18 and starts and ends outside the Argus Building on Wesley Street. This marks the eighth year that Argus has collaborated with The Centre on Philanthropy to present this unique charity walk which allows participants to donate their entry fee to their favourite Bermuda registered chari...

Hamilton, Bermuda (March 1, 2018) – The Argus Group today announced that it 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. The obstacles will test runners’ endurance and strength and will be inspired by Cr...

Hamilton, Bermuda, (February 19, 2018) – Argus today announces its $25,000 sponsorship of A Piece of the Rock’s new Community Outreach programme. 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 towards improving road safety for all. As part of the Community Outreach programme, A Piece of the Rock’s docu...

Hamilton, Bermuda (February 14, 2018) – The Argus Group and BF&M Limited today announce a joint donation of $100,000 to the Bermuda Diabetes Association (BDA). Each company will contribute $50,000, towards the development of a new, larger facility at the BDA’s new location at 22 Princess Street. The initial renovations are slated to be completed by the end of 2018. The funds will be used to develop a comprehensive diabetes education and resource centre and a full-service pharmac...

Hamilton, Bermuda, (February 5, 2018) – The Argus Group today announces a donation of $15,000 to Family Centre which helps 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 and contribute to a healthier Bermuda community.  The Zone Based Counselling is ...

AM Best Financial Strength Rating upgrade to A- Excellent Net loss of $2.3 million for the six months ended September 30, 2017 Investment portfolio generated a positive total return of $14.3 million Increase in claims of $6.7 million Dividend declared of nine cents per share   Hamilton, Bermuda (December 11, 2017) – Argus Group Holdings Limited (the “Group” or ”Argus” or “Argus Group”) today announces their Financial Strength ...

Hamilton, Bermuda (November 20, 2017) – In recognition of Diabetes Awareness Month, The Argus Group, partnered with the Bermuda Diabetes Association, have joined a global diabetes awareness campaign by illuminating its 14 Wesley Street offices in blue during the month of November. Each year on World Diabetes Day, November 14, famous landmarks around the globe, including the London Eye and Sears Tower in Chicago, are lit up in blue to raise awareness of the rising prevalence of both Type 1 and Ty...

(Hamilton, Bermuda, September 29, 2017) – The Argus Group has been awarded third place in Bermuda’s Top Ten Employers list by The Bottom Line magazine. The Bottom Line, a quarterly supplement produced by The Royal Gazette, selected Argus as its third best employer in its annual Top Ten Employers issue. A number of Bermudian employers were considered for the Top Ten award, with the winners being judged on their staff turnover rates, management style, holiday entitlement and staff b...

(Hamilton, Bermuda, July 17, 2017) – Argus Group Holdings Limited (the “Group” or the “Argus Group”) today announced net earnings to shareholders of $12.0 million for the year ended March 31, 2017, compared with $7.3 million in the prior year. Shareholders’ Equity increased to $130.2 million Interim dividend 9 cents per share Alison Hill, Chief Executive Officer of the Argus Group, says: “We are pleased with this solid res...

(Hamilton, Bermuda, July 6, 2017) – Argus today announces the sponsorship of two 50cc Peugeot Tweet motorbikes to the Argus-B//moto Advanced Rider Training Programme that was recently launched at Berkeley Institute. The programme teaches participants best practices for road safety and is in support of the concept of graduated licencing for motorbike riders. The sponsored motorbikes will be available to participants to use for training. The programme includes 10 hours of training, split b...

Hamilton, Bermuda (May 22, 2017) – As the Official Healthcare Partner of SoftBank Team Japan – the Japanese Challenger for the America’s Cup, Argus is launching three virtual reality (VR) videos to give the community a behind the scenes look at SoftBank Team Japan as they prepare for the America’s Cup race. The VR videos were produced by UK-based Parable VR in partnership with The Gild. The three video themes are: Meet the team and tour the base On the water acti...

Hamilton, Bermuda (May 9, 2017) – As an advocate for health and wellness, Argus is offering its members an innovative programme that is already showing encouraging signs of Type 2 diabetes control and even reversal of the effects of the disease after just six weeks. The Diabetes Reversal Programme, endorsed by the Bermuda Diabetes Association, was launched in March 2017 with the aim of reducing the prevalence of Type 2 diabetes in Bermuda. In 2015, 6,700 people in Bermuda had Type 2 diab...

Hamilton, Bermuda (January 9, 2017) – The Argus Group today announced a $15,000 donation to Family Centre in support of the charity’s Youth Development Zone counselling programme (“YDZ”). The YDZ is a community initiative launched in 2011 that offers services to the youth population living in North East Hamilton. The Family Centre provides YDZ with child and family counselling. By the end of September this year, Family Centre had worked with 77 families in the YDZ. In addition to...

Hamilton, Bermuda (December 15, 2016) – The Argus Group today announced a donation of $1,000 worth of toys to Toys for Tots, a campaign that provides holiday gifts to underprivileged children in Bermuda. The Toys for Tots campaign is organised by Coldwell Banker Bermuda Realty, in collaboration with The Coalition for the Protection of Children. Gifts are distributed to children at The Coalition for the Protection of Children’s annual Christmas party and through other charities on the Isl...

(Hamilton, Bermuda, December 12, 2016) – Argus Group Holdings Limited (the “Group” or the “Argus Group”) today announced a net profit of $8.2 million for the six months ended September 30, 2016, compared to a net profit of $3.0 million for the corresponding period in 2015. Argus records $8.2 million profit Shareholders’ Equity increased to $133.1 million Total assets stand at $2.2 billion Dividend declared of nine cents per share Alison...

Hamilton, Bermuda (December 9, 2016) – The Argus Group today announced the Argus Community Day that brought together Argus employees, SoftBank Team Japan and Sandys Secondary Middle School students and teachers to complete three projects funded by Argus, as part of the company’s community outreach. The first project saw the creation of a pergola that ultimately will serve as an outdoor classroom moving forward. The volunteers worked side by side to build the structure. Argus also purchas...

Hamilton, Bermuda (November 9, 2016) – The Argus Group today announces a $5,000 donation to Bermuda Housing Trust, a non-profit organisation whose mission is to provide quality, affordable rental accommodation to Bermuda’s seniors who are in financial need, but also able to live independently. Bermuda Housing Trust is committed to enhancing the quality of seniors’ lives by providing residential communities in which to live at the most affordable prices possible. The Argus donation will h...

Hamilton, Bermuda (October 31, 2016) – The Argus Group in partnership with SoftBank Team Japan today announces the launch of a S.T.E.M. programme at Sandys Middle School that will complement the school’s new S.T.E.M. curriculum. S.T.E.M. stands for science, technology, engineering and mathematics and the new curriculum that Sandys Middle School introduced in September 2016 aims to teach the middle school students real-world applications of each of these discipli...

(Hamilton, Bermuda, October 24, 2016) – The Argus Group today announces a $5,000 donation to Impact Mentoring Academy, a full-time school for boys aged 11 to 18 years that aims to empower young men to discover and develop their unique potential. Impact Mentoring Academy is a private academy with a mission to graduate productive citizens and prolific agents of social change. It also is a registered charity. The Argus donation will help to support the scho...

(Hamilton, Bermuda, October 17, 2016) - The Chartered Insurance Institute (CII) has awarded the prestigious ‘Chartered Insurer’ title to Argus Insurance Company (Europe) Limited, the Argus Group’s Gibraltar-based insurance company, and one of Gibraltar’s leading providers of insurance advice and support. The Chartered Insurer status is an exclusive title awarded only to firms that meet rigorous criteria relating to professionalism and capability. All Chartered Insurers commit to the...

(Hamilton, Bermuda, October 14, 2016) – Argus Insurance would like to advise its clients that the office will open tomorrow, Saturday, October 15, from 9am to 3pm. Alternatively, clients can call the Argus Claims Hurricane Hotline at 298-0888 or email insurance@argus.bm for queries or filing a report relating to any damage caused by the hurricane. Following the filing of a damage report, either by telephone or in person, Argus will sen...

(Hamilton, Bermuda, October 12, 2016) – The Argus Group would like to advise its clients that as a result of Hurricane Nicole, its offices will close at 12pm today, Wednesday, October 12. Argus’ offices will reopen as soon as it is safe to do so. In addition, to best assist both corporate clients and individuals, Argus Insurance has brought to the Island international claims adjusters to assist the local team with any claims that result from damages during the storm. Following th...

(Hamilton, Bermuda, October 11, 2016) – As Nicole makes its way toward Bermuda, Argus Insurance would like to remind its clients that they can contact the Argus Customer Service Centre on 298-0888 with any questions regarding their insurance cover and for preparation advice and support in advance of the approaching hurricane. Alison Hill, CEO of the Argus Group, says: “While the strength, speed and location of a hurricane determine how badly Bermuda is impacted by its passage, preparatio...

(Hamilton, Bermuda, October 10, 2016) – The Argus Group today announces the retirement of Alfreda Butler, Local Medical Claims Specialist, who worked at the company for 53 years. Mrs. Butler joined Argus in 1963 as a messenger. Her ambition shined from her very first post, where she memorised everyone’s coffee order and positioned each drink on her tray in order of delivery. In her spare moments, she assisted her colleagues where ever the need was r...

Hamilton, Bermuda, 14 September, 2016 - Bermuda Cancer and Health Centre ("BCHC") today announced commitment from the Argus Group and BF&M Limited to supporting BCHC in the provision of radiation therapy locally to Bermuda's residents. The insurers will donate $250,000 each towards the completion of a new building to house Bermuda's first radiation facility, which will offer Bermuda residents the ability to receive treatment currently only available overseas, here on the island. ...

Hamilton, Bermuda (August 2, 2016) – The Argus Group today announces a donation of $5,000 to the Bermuda Heart Foundation and $5,000 to the Bermuda Mental Health Foundation. Argus pledged to donate money on behalf of every person that participated in its month-long Argus Cup Match Pre-Game Face Off, a fun set of games and drills to promote Cup Match team spirit. Argus' donation is a result of 726 participants that came out to join the company in its community ch...

Hamilton, Bermuda (July 25, 2016) – The Argus Group today announces that St George’s has won the month-long Argus Cup Match Pre-Game Face Off, a fun set of games and drills to promote Cup Match team spirit and determine which team has the most active supporters. The official count is in with 13,521 spirit points for Somerset and 13,925 points for St. George's. Leading up to Cup Match, The Argus Face Off team offered wellness challenges around the Island ...

(Hamilton, Bermuda, June 27, 2016) – Argus Group Holdings Limited (the “Group” or the “Argus Group”) today announced net earnings to shareholders of $7.3 million for the year ended March 31, 2016. Strong underlying earnings from business operations of $15.3 million Shareholders’ Equity increased to $122.6 million Interim dividend increased to nine cents per share Included within the net earnings...

Hamilton, Bermuda (June 21, 2016) – The Argus Group today announces the launch of the Argus Cup Match Pre-Game Face-Off, a fun set of games and drills to promote Cup Match team spirit. The month-long challenges are open to the community in the lead up to Cup Match at the end of July.  The Argus Face-Off team will set up wellness challenges around the Island in which participants will be asked to challenge one another to games, including Wheel of For...

Hamilton, Bermuda (May 31, 2016) – The Argus Group today announces its intention to acquire Island Insurance Brokers Limited (“Island”), an insurance brokerage firm that provides professional insurance broking and risk management services to individuals and businesses in Malta. The transaction is subject to receipt of all regulatory approvals. This acquisition is part of Argus’ strategic intent to diversify and expand its global business operations. Addi...

Hamilton, Bermuda (April 28, 2016) – The Argus Group announces the launch of Argus U, an online training programme for Argus employees. Argus U consists of more than 10,000 courses and new content will be added on a regular basis. Argus U takes a holistic approach to employee training by offering a range of courses that include leadership and management, writing and time management as well as health and wellness classes such as work-life balance and unde...

Hamilton, Bermuda (April 5, 2016) – The Argus Group today announces its appointment as the worldwide Official Healthcare Partner of SoftBank Team Japan leading up to and during the 35th America’s Cup.  As the Official Healthcare Partner of SoftBank Team Japan, Argus will support the team through both healthcare coverage and access to its top-of-the-line healthcare resources. Dean Barker, Chief Executive Officer and Skipper of SoftBank Team Japan, says: “Access to quality ...

Hamilton, Bermuda (March 22, 2016) – The Argus Group today announces a donation of $2,500 to Kaleidoscope Arts Foundation in support of the Healthy Harvest Programme, a seed-to-table initiative that teaches math, science and life skills to children through hands-on work in the garden. The programme currently is open to students at Prospect Preschool, Prospect Primary School, Lyc...

Hamilton, Bermuda (December 15, 2015) – The Argus Group today announces it has made a donation to Action on Alzheimer’s & Dementia (AAD), a local charity established in 2012 to raise awareness in the community and to give support to people in Bermuda living with dementia, along with their families and caregivers. AAD provides resources, emotional support – including monthly meetings for families – a comprehensive activities programme and services of an occupational therapist to help those wi...

Argus records $3.0 million profit Shareholders’ Equity increased to $ 120.4 million Total assets stand at $2.1 billion Dividend declared of eight cents per share   (Hamilton, Bermuda, December 14, 2015) – Argus Group Holdings Limited (the “Group” or the “Argus Group”) today announced a net profit of $3.0 million for the six months ended September 30, 2015, compared to a net profit of $10.6 million for t...

Hamilton, Bermuda (November 30, 2015) – The Argus Group today announces that 200 Healthy Habits badges were earned through its wellness programme resulting in a $10,000 donation to Bermuda Mental Health Foundation (BMHF). The Argus Group committed to donating to charity for every Healthy Habit badge earned in its Get Up & Thrive. programme, an online wellness platform that offers individual tracking of personal goals and activities. Healthy Habits is Argus Health’s self-guid...

Hamilton, Bermuda (November 26, 2015) – The Argus Group today announces that it will donate $1,000 worth of toys to Toys for Tots, a campaign that provides toys for the holidays to underprivileged children in Bermuda. The Toys for Tots campaign is organised by Coldwell Banker Bermuda Realty, in collaboration with Coalition for the Protection of Children. Gifts are distributed to children at The Coalition for the Protection of Children annual Christmas party. The Coalition for the Protect...

Hamilton, Bermuda (November 22, 2015) – The Argus Group today announces its Chief Executive Officer (CEO) Ms. Alison Hill and Dr. Vanessa Borg, Chief Executive of Argus Insurance Agencies Limited in Malta will be featured speakers at the Commonwealth Heads of Government Meeting (CHOGM) from November 27-29th in Malta. Ms. Hill and Dr. Borg will speak at CHOGM’s Women’s and Business Forums. CHOGM brings together heads of government and business leaders from Commonwealth nations ...

Hamilton, Bermuda (November 16, 2015) – The Argus Group today announces a donation of $15,000 to the Family Centre for their Youth Development Zone counselling programme (“YDZ”). The YDZ is a community initiative that first launched in 2011 in response to the growing problems affecting the youth population living in North East Hamilton. The Family Centre provides YDZ with child and family counselling. These services are available to children aged four to 14 years as well as to parents, g...

(Hamilton, Bermuda, October 5, 2015) – The Argus Group would like to advise its clients that it has been open for business since 8:30am this morning, Monday, October 5, to assist customers who experienced damage to their home or property due to Hurricane Joaquin. Argus encourages clients to call 298-0888 for queries or for help with filing a report relating to any damage caused by Hurricane Joaquin.   Once a damage report is filed, Argus will send ...

(Hamilton, Bermuda, October 3, 2015) – As Hurricane Joaquin makes its way toward Bermuda, the Argus Group recommends that everyone prepares today. A list of hurricane preparedness tips to help residents protect their families, pets, homes and belongings can be found at <<Hurricane Fact Sheet>>   Please ensure that you secure all moveable outdoor objects, check on elderly neighbours, charge cell phones, stock up on drinking water, prescription drugs a...

Hamilton, Bermuda (September 16, 2015) – The Argus Group today announces that, in anticipation of his retirement in January 2016, Mr. David Pugh will step down as Chief Financial Officer immediately following the forthcoming Annual General Meeting. He will be succeeded by Mr. Peter Dunkerley who joined the Argus Group as Executive Vice President, Finance & Treasury in 2013.   Mr. Pugh joined the Argus Group in 1983 as Group Financial Controller. Over the last thirty three yea...

Hamilton, Bermuda (July 27, 2015) – The Argus Group today announces it has made a donation to PALS, an organisation dedicated to providing cancer patients with quality care primarily in the home setting. At any given time, PALS nurses, volunteers and caregivers provide homecare for more than 100 cancer patients. On average, about ten new patients each month are referred to PALS by physicians and family members. When a patient is referred to PALS, ...

Shareholders’ Equity increased to $118.3 million Interim dividend declared of eight cents per share   (Hamilton, Bermuda, June 29, 2015) – Argus Group Holdings Limited (the “Group” or the “Argus Group”) today announced a net profit of $16.0 million for year ended March 31, 2015 compared to $13.3 million in the year prior. In addition, the Board has declared an interim dividend of eight cents per share. Alison Hill, Chief Executive...

Hamilton, Bermuda (June 18, 2015) – The Argus Group today announces its support of the Kaleidoscope Arts Foundation’s Healthy Harvest Garden, a seed-to-table programme that teaches children about harvesting crops. The students are taught how to grow and harvest crops from seeds, learn about nutrition and how to prepare the crops that are grown. As part of the programme, children tend to the growing vegetables, remove weeds and generally lean how to look after a garden. The Health...

Hamilton, Bermuda (June 8, 2015) – The Argus Group today announces it is sponsoring a Diabetes Summit on June 10 in conjunction with Bermuda Diabetes Association. The event, which will be open to the public, will feature a discussion by the senior team of the International Diabetes Federation and global young leaders in diabetes prevention. The speakers are also working with the World Health Organisation to address diabetes on a global level and it will be an opportunity to hear from exp...

Hamilton, Bermuda (June 4, 2015) – The Argus Group today announces it has entered a strategic partnership with Cancer Treatment Centers of America (CTCA). The arrangement offers Argus Health clients preferred access to CTCA services for their cancer treatment or for a second opinion option for those individuals who wish to gather further information on alternative treatment plans upon diagnosis. Cancer Treatment Centers of America is a leader in integrative cancer care. Their state-of-th...

Hamilton, Bermuda (June 2, 2015) – The Argus Group today announces that, effective June 1, it will remove annual and lifetime maximum restrictions on its coverage of overseas major medical treatments and also eliminate exemptions regarding pre-existing conditions from overseas medical care. Argus is the first insurance company in Bermuda to offer these benefits and at no extra cost to its clients. A policy maximum is the limit on the benefits an insurance company will cover in an allotte...

Hamilton, Bermuda (May 7, 2015) – The Argus Group today announces its support of Sandys Middle School’s aquaculture programme. Launched this school year and known as the Fish Farm programme, it aims to give students a hands-on learning experience in the growing and selling of tilapia. The Argus donation helped the school purchase aquaculture equipment, tanks, measuring tools and feed for the fish. Students participate in the programme during lunch and after school. They care and nature t...

Free Workshops Available to Businesses and Community Groups   Hamilton, Bermuda (April 30, 2015) – The Argus Group today announces its sponsorship of a three-day Jump 2b Fit campaign, organised by Bermuda Heart Foundation, called the Jump Tour, that features seven world-famous jumpers. With Argus’ sponsorship, this year’s Jump 2b Fit campaign has expanded beyond Bermuda schools to include government and business participation. The Jump Tour is a series ...

Hamilton, Bermuda (April 15, 2015) – The Argus Group today announces a donation to Family Centre for their counselling programme in the Youth Development Zone (“YDZ”). The YDZ is a community initiative launched in 2011 in response to the growing problems affecting the youth population in Bermuda. In the YDZ, Family Centre provides school-based counselling as well as child and family counselling for people living in North East Hamilton. Most referrals to Family Centre are through word of ...

Hamilton, Bermuda (March 30, 2015) – The Argus Group today announces its support of The Reading Clinic, a registered charity that provides literacy and numeracy training to individuals with learning disabilities. The Argus donation will go towards their Core Reading Programme that is specially designed for students with reading disabilities such as dyslexia, a disorder that affects spelling and pronunciation. The programme is geared towards primary-school-aged children. The Reading Clini...

Hamilton, Bermuda (March 18, 2015) – The Argus Group today announces its donation to the North Village Community Club, an organisation located in Pembroke that provides competitive sporting and community-based activities. The Argus donation is helping to fund an education centre.   Coaching sessions on sport strategy as well as health, nutrition and diet will be offered in the education centre during inclement weather. During school holidays, the centre will offer youth camps to ...

Hamilton, Bermuda (March 11, 2015) – The Argus Group today announces its support of the School Lunch Challenge, a programme available to every primary and middle school in Bermuda with the goal of encouraging healthy eating habits. The School Lunch Challenge is being launched by Healthy Schools, an initiative developed by the Department of Health and the Ministry of Education in partnership with private and public schools. Healthy Schools and the School Lunch Challenge are also a part of the Wel...

(Hamilton, Bermuda, March 5, 2015) –The Argus Group and The Centre on Philanthropy today announce the results of the 6th annual Argus Walks the Walk with The Centre on Philanthropy 5K that took place on Sunday, February 22. A total of 1,094 people participated in the event raising $34,438 for local charities, the highest amount of money raised in the event’s history. The fundraiser is unique in that participants choose their favourite charity to receive a portion of the entry fee. Thi...

Hamilton, Bermuda (March 3, 2015) – The Argus Group today announces the launch of Get Up & Thrive, an online wellness platform that offers team and individual challenges, activity tracking and other well-being activities. Get Up & Thrive is part of the Thrive programme, Argus’ nutrition, fitness and wellness strategy aimed at improving the health of Bermuda’s workforce, which was launched in January. In 2015, there will be three, eight week-long team challenges that offer groups ...

Hamilton, Bermuda (February 18, 2015) – The Argus Group is pleased to announce they will once again host a booth at the Coldwell Banker Home Show on February 20 and 21. This year, the company will showcase Thrive, an innovative nutrition, fitness and wellness strategy that Argus launched last month in collaboration with Johns Hopkins Medicine International (JHMI). Thrive is designed to improve the health of Bermuda’s workforce. Thrive participants are able to use a range of supportive to...

(Hamilton, Bermuda, February 9, 2015) –The Argus Group and The Centre on Philanthropy are teaming up for their 6th annual 5K charity fun walk. Argus Walks the Walk with The Centre on Philanthropy 5K is a unique community event that offers participants the opportunity to choose their favourite local registered charity to receive a portion of their entry fee.   The event will take place on Sunday, February 22 at 8:30am, with a warm-up session at 8:15am. The 5K walk begin...

Hamilton, Bermuda (January 29, 2015) – In a time of rising obesity rates and skyrocketing healthcare costs, the Argus Group, in collaboration with Johns Hopkins Medicine International, is pleased to launch THRIVE, an innovative nutrition, fitness and wellness programme aimed at improving the health of Bermuda’s workforce. The multi-pronged programme offers participants a variety of support tools and services that are designed to help them better understand and manage their personal healt...