Back to top

Image: Bigstock

AXIS Capital Holdings Limited

Read MoreHide Full Article

AXIS Capital continues to build on its Specialty Insurance, Reinsurance, and Accident and Health to pave way for long-term growth. It remains focused on deploying resources prudently, enhancing efficiencies and better serving clients and brokers across the globe. It has also been improving its portfolio mix and underwriting profitability apart from strengthening the casualty and professional lines in the insurance segment. However, stiff competition in the reinsurance industry slowing growth and lowering profitability along with escalating expenses eating into margins remain concerns. Also, shares of AXIS Capital have underperformed the Zacks categorized Property and Casualty (P&C) industry year to date. The company also has been witnessing estimates moving down over the last 60 days.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Axis Capital Holdings Limited (AXS) - free report >>

Published in