Hashtag: #Axis

Sandell Asset: “Best Interests Of Shareholders”

Sandell Asset: “Best Interests Of Shareholders”

The AXIS/EXOR/PartnerRe business matter continues, with Sandell Asset Management Corp issuing a public letter to the Chairman of PartnerRe Board expressing concern “that, with respect to the EXOR offer, certain actions of the Board of PartnerRe Ltd. did not appear to have been in the best interests of PartnerRe shareholders.” “While... Read more of this article

Beyond Rugby Expanding To Berkeley Institute

Beyond Rugby Expanding To Berkeley Institute

Axis Capital Holdings Ltd. recently presented the Family Centre with a donation which will allow the Beyond Rugby Bermuda Programme] to expand into Berkeley Institute, with the programme to officially begin in October. Beyond Rugby is a collaboration between the Bermuda Rugby Football Union and Family Centre that helps young people to develop character... Read more of this article

AXIS Reports First Quarter Income Of $137M

AXIS Reports First Quarter Income Of $137M

Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the three months ended March 31, 2014, of $137 million, compared with $303 million for the corresponding period of 2013. Operating income1 for the first quarter of 2014 was $137 million, or $1.24 per diluted common share, compared with $227 million,... Read more of this article

AXIS Capital Appoints Bautista, Ramachandran

AXIS Capital Appoints Bautista, Ramachandran

Bermuda-based AXIS Capital Holdings Limited announced that Dr. Edgar Bautista and Mr. Sandeep Ramachandran have been appointed as Senior Vice Presidents and co-heads of the new Weather & Commodity Markets initiative at AXIS Re. In their new roles, Dr. Bautista and Mr. Ramachandran will be responsible for establishing and managing AXIS Re’s global... Read more of this article

BMO Capital: “Outperform” Rating For Axis

BMO Capital: “Outperform” Rating For Axis

BMO Capital Markets initiated coverage on shares of Bermuda’s Axis Capital in a research note issued today [Apr. 18], AnalystRatings.Net reports. The firm set an “outperform” rating on the stock. A number of other analysts have also recently weighed in on AXS. Analysts at Goldman Sachs downgraded shares of Axis Capital from a “buy” rating... Read more of this article

Axis Capital Announces Quarterly Dividend

Axis Capital Announces Quarterly Dividend

Bermuda-based Axis Capital announced a quarterly dividend today [Dec. 17] with investors of record on Monday, December 31 to be paid a dividend of $0.25 per share on Tuesday, January 15. This represents a $1.00 annualised dividend and a dividend yield of 2.81 per cent. A number of analysts have recently weighed in on Axis shares. Analysts at Goldman... Read more of this article

AXIS Declares Quarterly Dividend

AXIS Declares Quarterly Dividend

Bermuda-based AXIS Capital Holdings Limited today [Sept.21] announced that the Company’s Board of Directors has declared a quarterly dividend of $0.23 per common share. The common dividend will be payable on October 17, 2011 to the shareholders of record at the close of business on October 3, 2011. In addition, the Board declared a dividend of $0.453125... Read more of this article

Axis’ Losses Are Higher Than Anticipated

Axis’ Losses Are Higher Than Anticipated

Bermuda-based Axis Capital Holdings Ltd today [Apr. 29] posted a higher first quarter loss than expected — its balance sheet hurt by catastrophe losses from the earthquake in Japan and the New Zealand temblor and Australian floods– despite healthy premium growth in its insurance and reinsurance segments. For the first quarter of 2011,... Read more of this article

Analysts: Egypt Crisis’ Impact On Insurance

Analysts: Egypt Crisis’ Impact On Insurance

Multi-national companies must begin re-assessing the adequacy of their insurance coverage — much of it channeled through Bermuda firms – in the wake of  political unrest in Tunisia and Egypt, according to analysts at Marsh and Aon. Companies investing, manufacturing, and trading in emerging markets are increasingly realising they face... Read more of this article