|Bid||63.33 x 800|
|Ask||63.35 x 800|
|Day's Range||63.09 - 63.70|
|52 Week Range||48.27 - 67.51|
|Beta (3Y Monthly)||0.21|
|PE Ratio (TTM)||48.48|
|Earnings Date||Oct 29, 2019|
|Forward Dividend & Yield||1.60 (2.53%)|
|1y Target Est||68.89|
AXIS Capital Holdings Limited ("AXIS Capital") (AXS), today announced a new policy addressing thermal coal and oil sands-related underwriting and investments. The policy is a component of a broader corporate citizenship program led by AXIS General Counsel Conrad Brooks, and overseen by AXIS President and CEO Albert Benchimol and the Corporate Governance and Nominating Committee of the AXIS Board of Directors.
As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the second quarter. We get to see hedge funds' thoughts towards the market and […]
AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (AXS) today announced a preliminary pre-tax loss estimate for Hurricane Dorian, Japanese typhoons and other weather-related events in the range of $150 million to $175 million, net of estimated recoveries from reinsurance and retrocessional covers, and including the impact of estimated reinstatement premiums. The estimate includes full limit losses from aggregate excess of loss reinsurance treaties that were also impacted by other 2019 catastrophe and weather-related events. The Company's loss estimate is consistent with industry insured losses of approximately $6 billion for Hurricane Dorian and $8 billion for third quarter Japanese typhoons.
AXIS Capital Holdings Limited today announced that it expects to release financial results for the third quarter ended September 30, 2019, on Tuesday, October 29, 2019, after the close of the financial markets.
AXIS Capital Holdings Limited ("AXIS Capital") (AXS), today announced that Martin McCarty has been named as the Company’s Global Treasurer. In this role, he is responsible for overall capital, foreign currency, cash and liquidity management, as well as coordination with ratings agencies on behalf of AXIS Capital. In addition, Mr. McCarty is responsible for providing finance support to the Company’s Risk Funding unit and servicing its strategic capital partners.
AXIS Capital Holdings Limited today announced that the Company’s Board of Directors has declared a quarterly dividend of $0.40 per common share. The common dividend will be payable on October 15, 2019, to shareholders of record at the close of business on October 3, 2019.
Axis Capital (AXS) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
AXIS Insurance, a division of AXIS Capital Holdings Limited ("AXIS Capital") (AXS), announced today that Chief Claims Officer David Hayward will retire in March 2020 and will be succeeded by Michael Baumel, current Head of North American Claims. Following the six-month transition period, Mr. Baumel will assume the Chief Claims Officer role.
Reinsurance stocks are rallying Tuesday as Hurricane Dorian is now expected to skirt Florida and avoid the direct hit on the state’s coast that was projected last week. “If Dorian does not make US landfall, we believe there could still be sizable claims paid by the global re/insurance industry, although likely much less than the $30bn or more of insured damage we initially said was possible if there were a direct Category 3 or 4 strike in Florida,” wrote Barclays analyst Jay Gelb in a note Sunday.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of AXIS Capital Holdings Limited and other ratings that are associated with the same analytical unit. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future. Credit ratings and outlook/review status cannot be changed in a portfolio review and hence are not impacted by this announcement.
Axis Capital (AXS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Could AXIS Capital Holdings Limited (NYSE:AXS) be an attractive dividend share to own for the long haul? Investors are...