AXS Outperforms Industry, Trades Near 52-Week High: Time to Hold?

Key Takeaways AXS focuses on growth areas like wholesale insurance, lower middle markets, and specialty reinsurance lines.AXS invests in digital capabilities and aims to reduce its G&A expense ratio to below 11% by 2026.AXS repositioned its business for specialty risk leadership, focusing on underwriting profitability.Shares of AXIS Capital Holdings Limited (AXS) have gained 23.5% in the past year, outperforming its industry, the Finance sector and the Zacks S&P 500 composite’s growth of 3.5%, 15.9% and 15. ...