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AXIS Capital Holdings Limited - $AXS STOCK NEWS

Welcome to our dedicated page for AXIS Capital Holdings news (Ticker: $AXS), a resource for investors and traders seeking the latest updates and insights on AXIS Capital Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AXIS Capital Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AXIS Capital Holdings's position in the market.

Rhea-AI Summary

AXIS Capital Holdings announced a quarterly dividend of $0.44 per common share and $34.375 per Series E 5.50% preferred share, both payable on July 18, 2024, to shareholders of record on June 28, 2024. The company also introduced a new share repurchase program authorizing up to $300 million in buybacks, adding to the existing $100 million repurchase program, with $36 million still available. This brings the total amount available for repurchases to $336 million. The repurchase timing and amount will depend on various market and economic factors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.17%
Tags
buyback dividends
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Rhea-AI Summary

AXIS Capital Holdings (NYSE: AXS) will host an Investor Day on May 30, 2024, featuring discussions on strategic priorities and outlook by President, CEO, and CFO. The event will have a live webcast, with in-person attendance by invitation only. An archived replay will be available post-event.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
Tags
conferences
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Rhea-AI Summary

AXIS Capital reported first quarter net income available to common shareholders of $388 million, or $4.53 per diluted common share, and operating income of $220 million, or $2.57 per diluted common share. The company achieved an annualized return on average common equity of 32.1% and an annualized operating return on average common equity of 18.2%. AXIS Capital also reported a combined ratio of 91.1% and a book value per diluted common share of $57.13, indicating a 5.7% increase compared to December 31, 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.23%
Tags
none
Rhea-AI Summary
AXIS Capital Holdings (AXS) to release Q1 2024 financial results on May 1, 2024. Investor teleconference scheduled on May 2, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.78%
Tags
-
Rhea-AI Summary
AXIS Capital Holdings (AXS) releases 2023 Loss Development Triangles with detailed data on paid, incurred, and ultimate losses for Insurance and Reinsurance segments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
Tags
none
-
Rhea-AI Summary
AXIS Capital Holdings (AXS) appoints Kyle Freeman as Head of AXIS ILS, aiming to enhance specialty leadership. Freeman brings extensive ILS and reinsurance experience, leading innovative initiatives like the Long Walk Re transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
Tags
none
Rhea-AI Summary
AXIS Capital Holdings Limited announced W. Marston Becker as the new non-executive Chair of its Board of Directors, succeeding Henry B. Smith in May 2024. Becker, with extensive experience in the insurance industry, will work closely with CEO Vince Tizzio to drive further growth and specialty leadership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
management
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Rhea-AI Summary
AXIS Capital Holdings Limited appoints Stephen Lord as Global CIO and Robert Barriero as Global Head of Strategic Sourcing and Corporate Real Estate to enhance operations and market approach.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
none
-
Rhea-AI Summary
AXIS Capital Holdings Limited (AXS) announces a quarterly dividend of $0.44 per common share and $34.375 per Series E 5.50% preferred share, payable on April 18, 2024, to shareholders of record on March 4, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
Rhea-AI Summary
AXIS Capital Holdings Limited (AXIS) reports a net loss attributable to common shareholders of $(150) million for the fourth quarter of 2023, with a net income available to common shareholders of $346 million for the year ended 2023. The company also achieved an operating income of $486 million and a 4.5 point year-over-year improvement in the current accident year combined ratio to 91.8%. The book value per diluted common share increased by $7.11, or 15.1%, compared to December 31, 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.97%
Tags
AXIS Capital Holdings Limited

NYSE:AXS

AXS Rankings

AXS Stock Data

6.13B
77.16M
0.51%
95.32%
1.12%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
United States of America
PEMBROKE

About AXS

axis is a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, backed by the exceptional financial strength and solid claims-paying ability of the axis insurance companies, rated “a+” (strong) with a stable outlook by standard & poor’s and “a+” (superior) xv with a stable outlook by a.m. best. our highly experienced underwriting, claims, modeling and actuarial teams in bermuda, australia, canada, europe, latin america, singapore and the united states have a breadth and depth of knowledge that distinguishes axis as a provider of choice. axis’s ethical, entrepreneurial, and disciplined culture promotes outstanding client service and intelligent risk taking. axis insurance provides customized property, casualty, professional lines and other specialty coverage across the globe through wholesale and retail brokers, and managing general underwriters. http://www.axiscapital.com/en-us/insurance