AXIS Capital: Successful Transition To Less Risky Business Model
AXIS Capital(AXS) Seeking Alpha·2024-08-16 00:00
PM Images We rated AXIS Capital Holdings Limited (NYSE:AXS) a buyback in May 2023. It has not only kept up with, but also slightly outperformed the broader market since then. Seeking Alpha Back in May 2023, it lagged the broader reinsurance sector. That played a part in our persisting with a buy rating for this company (we also had this as a buyback in July 2022). Our confidence in this reinsurance business was justified and this time around AXS leads the pack, with the majority of the outperformance versus ...