Welcome to our dedicated news page for Axis Capital Holders (Ticker: AXS), a resource for investors and traders seeking the latest updates and insights on Axis Capital Holders.
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 Holders'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 Holders's position in the market.
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AXIS Capital Holdings Limited (AXS) appoints Cliff Gallant as Head of Investor Relations and Corporate Development, bringing extensive insurance expertise to deepen engagement within the investment community and foster understanding of the company's vision and strategy.
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End-of-Day
1.11%
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AXIS Capital Holdings Limited (AXIS) (NYSE: AXS) has received in-principle approval from Lloyd’s to establish a new syndicate, Energy Resilience Syndicate 2050, aimed at providing capacity for new energy projects that support the transition to net zero. The syndicate will offer specialist insurance solutions for cross-class risks over the lifecycle of projects and activities associated with replacing or displacing fossil fuels through lower-carbon alternatives. AXIS aims to lead the market in offering specialty insurance solutions that enable investment, innovation, and technological developments necessary to develop cleaner, more resilient sources of energy.
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0.09%
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AXIS Capital Holdings Limited (AXS) declares a quarterly dividend of $0.44 per common share and $34.375 per Series E 5.50% preferred share. The Board also renews authorization for the repurchase of up to $100 million of the Company’s common shares.
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0.14%
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AXIS Capital Holdings Limited (AXS) appoints Stan Galanski, a seasoned industry expert, to its Board of Directors, emphasizing his extensive experience in the property and casualty space and global specialty insurance. With a history of driving underwriting excellence and operational transformation, Mr. Galanski's appointment reflects the company's commitment to advancing its ambition to be a specialty underwriting leader.
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-1.15%
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AXIS Capital Holdings Limited (AXS) has closed the market's first 144A cyber catastrophe bond, a $75 million transaction providing fully collateralized indemnity reinsurance protection for systemic cyber events on a per occurrence basis. Long Walk Reinsurance Ltd. issued $75 million of Series 2024-1 Class A notes, maturing January 2026, to support the reinsurance agreement with the Company. The transaction is a strong example of AXIS demonstrating leadership through innovation and developing specialty solutions to address challenges in the marketplace. It is expected to serve as a template for the catastrophe bond market to support the availability of cyber insurance capacity in the future.
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-0.32%
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AXIS Capital Holdings Limited (AXIS) reported strong financial results for Q3 2023, with an annualized return on average common equity (ROACE) of 16.1% and annualized operating ROACE of 18.0%. The combined ratio improved by 11.6 points to 92.7%, and the catastrophe and weather-related losses ratio decreased by 13.4 points to 3.2%. For the nine months ended September 30, 2023, AXIS reported net income available to common shareholders of $496 million, or $5.77 per diluted common share, and operating income of $593 million, or $6.90 per diluted common share. The book value per diluted common share increased by $4.22, or 9.0%, compared to December 31, 2022.
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End-of-Day
-6.77%
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AXIS Capital Holdings Limited expects to release Q3 2023 financial results on November 1, 2023. Investor teleconference hosted on November 2, 2023 at 9:30 a.m. ET. Webcast available on company's website.
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2.46%
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Monarch Point Re raises over $400 million of capital through a partnership with Stone Point Credit Adviser LLC. AXIS Capital and Stone Point Credit each invest $75 million in equity. Monarch Point Re will underwrite a diversified portfolio of casualty reinsurance business retroceded by AXIS Capital subsidiaries. The multi-year reinsurance agreement is effective January 1, 2023, with approximately $400 million of reinsurance written premium anticipated for the first year. Christopher Harris appointed CEO. AXIS Capital expands specialty reinsurance capacity and aligns with alternative capital strategy.
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-2.15%
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AXIS Capital declares quarterly dividend of $0.44 per common share and $34.375 per Series E preferred share.
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-0.22%
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AXIS Capital Holdings to present at KBW Insurance Conference
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0.25%
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Axis Capital Holders Limited
NYSE:AXS
AXS Rankings
AXS Stock Data
5.25B
77.16M
0.51%
95.32%
1.12%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
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