Argus Group Holdings Ltd. fell 18.02 percent ($1.55) on The Bermuda Stock Exchange (BSX) yesterday.

The insurer closed the day at $7.05, with 5,000 shares traded.

Butterfield Bank also traded 5,000 common shares, but its share price held firm at $4.

Overall the Index fell 58.7 points (2.83 percent) to 2,013.06, as 10,000 shares worth $55,990 changed hands.

The BSX Insurance Index, meanwhile, was up 3.61 points (0.37 percent) at 961.94.