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Hamilton, Bermuda, April 14^th, 2021 – In a filing with the Bermuda Stock Exchange (“BSX”), Argus Group Holdings Limited (the “Group” or the “Argus Group”; Ticker: AGH.BH) announced the appointment of Mr. Constantinos Miranthis and Mr. Garrett Curran to the Board of Directors, with effect from April 12^th, 2021.  The filing states:

 

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 Argus continues to implement its strategy for sustainable, profitable growth, Costas’ and Garrett’s respective backgrounds will enable them both to play key roles in moving these strategies forward.”

 

“As part of our future vision, we continue to be focused on improving shareholder value by undertaking strategies that will enhance the future growth, diversification and resilience of Argus’ earnings,” said Chief Executive Officer Alison Hill. “We also remain committed to reinvesting in the business – balancing profitability, risk, growth and strategic investments for the long-term benefit of our shareholders, employees and business partners.”

 

Mr. Miranthis, a leading re/insurance industry veteran, is a former President and CEO of PartnerRe, a global reinsurance group with a diverse book of business. Under his leadership, PartnerRe was one of the top value creators amongst its peer group and significantly increased its share price between 2010 and 2015. He is a non-executive director of the global specialty insurer, Hiscox Ltd., and of the life reinsurer Pacific Life Re.

 

Mr. Curran is an adviser and investor specialising in financial services, technology and real estate. He is Managing Director of Equilibria Capital Management, Madrid, and sits

 

on a number of boards, including that of Santander UK as a non-executive director. Mr. Curran spent more than 20 years in investment banking in a variety of positions in London and New York. Most recently, he was CEO of Credit Suisse in the UK and the bank’s Chief Client Officer in the Europe, Middle East and Africa (EMEA) region, while also managing and supervising their Global Markets EMEA client business.

 

 

Note to Editors

Argus Group Holdings Limited and its subsidiaries, commonly known as the Argus Group, is a multi-line insurance, medical practices and financial services organisation with operations in Bermuda, Canada, Malta and Gibraltar. The Argus Group offers a full range of insurance including health and brokerage services, pensions and investment products targeted at local and international organisations and individuals. Through its subsidiary, Bermuda Life Insurance Company Limited, it is the leader in group health insurance and pension plans in Bermuda.

 

Certain statements in this release may be deemed to include “forward-looking statements” and are based on management’s current expectations and are subject to uncertainty and changes in circumstances.

 

For more information, visit www.argus.bm.

 

 

Media Contacts:

 

Alison Hill                                              Peter Dunkerley

Chief Executive Officer                            Chief Financial Officer

Telephone: +1 441 294-5725                  Telephone: +1 441 298-0566

E-mail:          ahill@argus.bm                    E-mail:          pdunkerley@argus.bm

         

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For more information on the Bermuda Stock Exchange (BSX), contact James Best at 1-441-292-7212 or jbest@bsx.com.  Information is also available at www.bsx.com and on Bloomberg at BSX. Established in 1971 the Bermuda Stock Exchange (BSX) is now the leading fully electronic offshore securities market. The BSX specializes in listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and Insurance Linked Securities. The BSX, recognised by the US SEC as a Designated Offshore Securities Market, is a member of the World Federation of Exchanges and is located in an O.E.C.D. member nation. The BSX has Approved Stock Exchange status under Australia’s Foreign Investment Fund (FIF) taxation rules; Designated Investment Exchange status by the UK’s Financial Services Authority; Recognised Stock Exchange by the UK HM Revenue and Customs; Designated Exchange status under Canada’s Income Tax Act and is a member of America’s Central Securities Depository Association.