AXS or SIGI: Which P&C Insurer Should You Stay Invested In?
AXSAXIS Capital(AXS) ZACKS·2024-06-08 01:50

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. ...