The Royal Gazette/BSX closed up 4.51 points (0.37 per cent) at 1,223.25.

A total of 12,500 shares in insurance firm Argus changed hands, lifting its price 23 cents (6.1 per cent) at $4.

Bank of Butterfield preference shares dropped $15 (1.3 per cent) to $1,115 after ten shares traded.

The BSX Insurance Index closed up 7.69 points (0.48 per cent) at 1,602.01.