Axis Cap Hldgs Ltd Stock Price, News & Analysis

AXIS Capital has announced a $250,000 endowment to INSEAD to create the Michael A. Butt Fund for Business & Society, honoring former Chairman Michael Butt's legacy. This fund will support the Hoffmann Global Institute for Business and Society, focusing on research that aligns with the UN Sustainable Development Goals. The institute aims to address significant global issues by fostering responsible business practices and development among future leaders. AXIS, a global insurance provider, reported shareholders' equity of $5.1 billion as of March 31, 2022.

AXIS Capital Holdings Limited (NYSE: AXS) announced a quarterly dividend of $0.43 per common share, payable on July 15, 2022, to shareholders on record by June 30, 2022. Additionally, a dividend of $34.375 for Series E preferred shares is also declared for the same payment date. As of March 31, 2022, AXIS Capital reported shareholders' equity of $5.1 billion and maintained strong ratings from Standard & Poor's and A.M. Best, showcasing its financial stability and commitment to returning value to shareholders.

AXIS Capital has established a new strategic Portfolio Underwriting unit, led by Christine Cook, targeting multi-class risks in the London specialty insurance market. This initiative aims to drive growth by leveraging technology and analytics, focusing on data-driven and relationship-oriented underwriting. Cook’s extensive experience in the London market is expected to enhance AXIS's capabilities. The company maintains an A+ rating from Standard & Poor's and A rating from A.M. Best, reaffirming its strong market position.

AXIS Capital reported strong first-quarter 2022 financial results with a combined ratio of 91.4%, a significant 7.5-point improvement from the previous year. Net income available to common shareholders was $142 million ($1.65 per diluted share), up from $116 million ($1.36 per diluted share) in Q1 2021. The insurance segment saw a 20% growth in premiums, while the reinsurance segment faced a 9% decline. Book value per share decreased to $51.97, impacted by unrealized losses. The company aims to enhance efficiency and achieve profitable growth amid ongoing challenges.

AXIS Capital Holdings Limited (NYSE: AXS) will announce its financial results for Q1 2022 on April 27, 2022, after market close. The company will hold an investor teleconference on April 28, 2022, at 9:30 a.m. EDT to discuss these results. Shareholders can access the call via phone or through a live webcast on the company’s website. As of December 31, 2021, AXIS Capital reported shareholders' equity of $5.4 billion and maintains strong ratings from Standard & Poor's and A.M. Best.

AXIS Capital Holdings Limited has appointed Fintan Mullarkey as the new CEO of AXIS Specialty Europe SE, pending regulatory approval. Mullarkey, who has been with AXIS for 18 years and served as Head of Finance for the past decade, will oversee ASE and its branches across Europe. He succeeds Helen O'Sullivan, who has transitioned to Group Treasurer. This leadership change reflects AXIS's strategy to strengthen its operations in the specialty insurance sector.

AXIS Capital has announced a quarterly dividend of $0.43 per common share, payable on April 18, 2022, to shareholders on record by March 31, 2022. Additionally, a dividend of $34.375 per Series E Preferred Share will also be paid on the same date. The company, a global provider in specialty insurance and reinsurance, reported shareholders' equity of $5.4 billion as of December 31, 2021, and has received strong ratings from Standard & Poor's and A.M. Best.

InvestorsObserver has issued critical Crypto Alerts for various cryptocurrencies including AXS, SHIB, GALA, BNB, and EOS as of February 7, 2022. The alerts are based on a proprietary scoring system evaluating risk, technical performance, volatility, and market sentiment. Through this platform, InvestorsObserver aims to provide essential insights for potential investors, promoting informed decisions in the cryptocurrency market. The analysis aims to enhance the understanding of each cryptocurrency's investment suitability.

AXIS Capital Holdings Limited (NYSE: AXS) reported strong financial results for Q4 and the full year 2021. The company achieved a net income of $588 million for the year, equating to $6.90 per diluted share, reversing a prior year loss. For Q4 alone, net income was $197 million ($2.31 per diluted share). The combined ratio improved by 16.5 points to 93.1% in Q4 and by 12.1 points to 97.5% for the year, reflecting enhanced profitability and lower catastrophe losses. Book value per diluted share increased to $55.78, up 4.3% year-over-year. The leadership remains optimistic about sustained growth amid strengthening market conditions.