The Property and Casualty (P&C) insurance industry is set to benefit from better pricing, prudent underwriting, increased exposure, an improving rate environment and a solid capital position. With the ongoing economic expansion, insurers remain well-poised for growth.Price hikes, operational strength, higher retention, strong renewal and the appointment of retail agents should help write higher premiums. Per Deloitte Insights, gross premiums are estimated to increase sixfold to $722 billion by 2030.Per Fitc ...

Have you been paying attention to shares of Axis Capital (AXS) ? Shares have been on the move with the stock up 5.2% over the past month. The stock hit a new 52-week high of $62.88 in the previous session. Axis Capital has gained 13.1% since the start of the year compared to the 3.7% move for the Zacks Finance sector and the 15% return for the Zacks Insurance - Property and Casualty industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed ou ...

PEMBROKE, Bermuda--(BUSINESS WIRE)--AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced that W. Marston (Marty) Becker will succeed Henry B. Smith as non-executive Chair of its Board of Directors. Mr. Smith, who has served as Chair since May of 2020, has decided to transition from the Chair role and will continue to maintain a seat on the Board. The transition will take place in May of 2024, timed to the Company’s Annual General Meeting. “There is no better individual to succeed me ...

PEMBROKE, Bermuda--(BUSINESS WIRE)--AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) announced today the hiring and appointment of Stephen Lord as Global Chief Information Officer (CIO) and Robert Barriero as Global Head of Strategic Sourcing and Corporate Real Estate. The hirings reflect the continued focus that the Company is placing on enhancing how it operates and goes to market through its “How We Work” program, which was introduced by President and CEO Vince Tizzio in 2023. ...

AXIS Capital Holdings Limited’s (AXS) compelling and diversified product portfolio, underwriting excellence, digital capabilities, solid capital position and favorable growth estimates make it worth retaining in one’s portfolio. Year to date, the stock has gained 12% compared with the industry’s increase of 15.8%.This Zacks Rank #1 (Strong Buy) specialty insurer has a solid record of delivering an earnings surprise in the last four quarters. Earnings have grown 82.7% in the past five years, better than the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-31721 AXIS CAPITAL HOLDINGS LIMITED (Exact name of registrant as specified in its charter) Bermuda (State or other jurisdiction of incorporation ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scor ...

U.S. stock markets are facing fluctuations in early 2024 after a sharp rally in 2023. The euphoria surrounding technology stocks evaporated as the yield on the benchmark 10-Year U.S. Treasury Note returned northward, trading above 4%.This was primarily owing to the uncertainty regarding the time when the Fed would initiate the first cut in the benchmark interest rate. Recently, several key Fed FOMC members said that although they believe that the rate hike regime is over, they are yet to be convinced that t ...

Here is a stock with buy rank and strong momentum characteristics for investors to consider today, February 15th:AXIS Capital Holdings Limited (AXS) : This company which offers insurance covers for property, workers compensation, professional liability, casualty, and marine and aviation has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 6% over the last 60 days.AXIS Capital’s shares gained 13.7% over the last three months compared with the S&P 500’ ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:AXIS Capital Holdings Limited (AXS) : This company which offers insurance covers for property, workers compensation, professional liability, casualty, and marine and aviation has seen the Zacks Consensus Estimate for its current year earnings increasing nearly 6% over the last 60 days.General Motors Company (GM) : This automobile giant has seen the Zacks Consensus Estimate for its current year earnings increasing 14.8% over the last 60 ...