Increased exposure, higher retention, streamlined operations, better pricing, solid underwriting and a strong capital position have helped the Zacks Property and Casualty Insurance industry perform well. The industry has gained 15.1% year to date, outperforming the Zacks S&P 500 composite’s rise of 12.6% and the Finance sector’s increase of 4.4%.  Per Fitch Ratings, an improved performance at personal auto, coupled with better investment results and lower claims, should fuel insurers' performance this year. ...

An effective and prudent way to increase shareholders' wealth is by buying back shares. Companies often use funds to buy back shares from the open market to lower the number of outstanding shares. This helps boost the bottom line, in turn enabling the distribution of more profits to shareholders.Here we focus on three insurers — Axis Capital Holdings Limited (AXS) , Radian Group (RDN) and RenaissanceRe Holdings Limited (RNR) — whose board of directors recently approved new share buyback programs, banking on ...

The board of directors of AXIS Capital Holdings Limited (AXS) authorized a share buyback program to return more value to investors. The latest authorization will allow the company to spend up to $300 million to repurchase its common stock.The new program is in addition to the previously approved $100 million share repurchase program. After buying back $76 million worth of shares in the first quarter of 2024 and another $2 million worth in April, the insurer had $36 million remaining under its previous autho ...

Shares of AXIS Capital Holdings Limited (AXS) have rallied 26.7% year to date, compared with the industry’s increase of 15.5%, the Finance sector’s rise of 5.8% and the Zacks S&P 500 composite’s gain of 11.5%. With a market capitalization of $5.9 billion, the average volume of shares traded in the last three months was 0.6 million.A compelling and diversified product portfolio, underwriting excellence, digital capabilities and a solid capital position continue to drive this Zacks Rank #3 (Hold) insurer. Axi ...

财务数据和关键指标变化 - 公司在第一季度实现了11.4%的毛保费增长,达到27亿美元 [10] - 公司的当期事故年损失率(不含灾难和天气因素)为56.4%,表现出色 [28] - 公司的总费用率为33.2%,较去年同期有所下降,预计未来会继续下降 [29] - 公司的投资收益为1.67亿美元,较去年同期增长25% [37] 各条业务线数据和关键指标变化 - 保险业务方面,毛保费增长11%至16亿美元,合并比率为86.6%,创下历史新高 [31] - 再保险业务方面,毛保费增长近12%,但净保费有所下降,合并比率为95.8% [33][35] 各个市场数据和关键指标变化 - 在北美市场,公司的美国财产险和美国超额责任险业务分别增长43%和23% [16] - 在全球市场,公司在Lloyd's市场的全球财产险和可再生能源业务分别增长32%和16% [16] 公司战略和发展方向及行业竞争 - 公司继续专注于有吸引力的市场,灵活调配资源和资本 [11] - 公司在短尾险和长尾险业务中均实现了较好的价格水平 [11][13] - 公司正在调整业务组合,减少表现不佳的分部,专注于价格合理的业务线 [13][14] - 公司正在加强运营效率,提升组织效率和员工生产力 [18][20][21] - 公司正在持续投资于核心能力建设,包括承保、理赔和运营 [19][20][21][22] 管理层对经营环境和未来前景的评论 - 公司认为当前市场环境充满机遇,客户面临的风险不断增加和复杂化,需要公司提供定制的风险解决方案 [11] - 公司对未来保持乐观,认为有很好的增长机会,并将继续执行既定战略 [24][39] 问答环节重要的提问和回答 问题1 **Dean Criscitiello 提问** 询问公司未来的股票回购计划 [42][43][45] **Peter Vogt 和 Vince Tizzio 回答** 公司目前优先考虑业务增长,但也会适当进行股票回购,具体计划还需与董事会商议 [43][45][46] 问题2 **Josh Shanker 提问** 询问公司再保险业务的准备金状况 [52][54][55][59][60] **Peter Vogt 回答** 公司认为再保险准备金充足,目前净赚保费下降导致的暂时性指标变化 [54][55][59][60] 问题3 **Elyse Greenspan 提问** 询问公司是否会对北美责任险业务进行进一步的准备金评估 [63][64][65] **Vince Tizzio 回答** 公司对准备金充足有信心,正在调整该业务的承保策略,但没有计划进一步评估准备金 [64][65]

AXIS Capital Holdings Limited (AXS) posted first-quarter 2024 operating income of $2.57 per share, beating the Zacks Consensus Estimate by 1.2%. The bottom line increased 10.3% year over year.The insurer’s results reflected higher premiums earned, lower catastrophe losses, improved income from the fixed maturities portfolio and a rise in underwriting income.Quarterly Operational Update   Total operating revenues of $1.4 billion missed the Zacks Consensus Estimate by 2.8%. The top line, however, rose 5% year ...

财务表现 - Axis Capital 2024年第一季度营收为14.3亿美元，同比增长5.1% [1] - EPS为2.57美元，较去年同期的2.33美元有所增长 [1] - 营收低于Zacks Consensus Estimate 2.85%，EPS高于预期1.18% [2] - Axis Capital在最新季度的关键指标表现如下：净投资收入为1.6738亿美元，同比增长25.1% [6] - 净赚保费为12.6亿美元，同比增长2.3% [7] - 其他与保险相关的收入为834万美元，同比增长1345.4% [8] 投资者关注点 - 投资者通常关注营收和盈利的年度变化，以及与华尔街预期的比较，以确定下一步的行动 [3] 股票表现 - Axis Capital股票过去一个月的回报率为-5.3%，略低于Zacks S&P 500综合指数的-4.1% [9]

Axis Capital (AXS) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.54 per share. This compares to earnings of $2.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.18%. A quarter ago, it was expected that this insurance company would post a loss of $1.25 per share when it actually produced earnings of $2.94, delivering a surprise of 335.20%.Over the last four quarters, the comp ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 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 or organiz ...

AXIS CAPITAL HOLDINGS LIMITED INVESTOR FINANCIAL SUPPLEMENT FIRST QUARTER 2024 | --- | --- | |------------------------------------------------------|-------| | | | | | | | AXIS Capital Holdings Limited | | | 92 Pitts Bay Road Pembroke HM 08 Bermuda | | | | | | Contact Information: Cliff Gallant | | | Investor Contact (415) 262-6843 | | | investorrelations@axiscapital.com | | | Website Information: www.axiscapital.com | | This report is for informational purposes only. It should be read in conjunction with t ...