Latest news with #AXISCapitalHoldingsLimited
Yahoo
29-05-2025
- Business
- Yahoo
Meridian Contrarian Fund Trimmed AXIS Capital Holdings Limited (AXS) After a Strong Performance
Meridian Funds, managed by ArrowMark Partners, released its 'Meridian Contrarian Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. equities saw their weakest quarterly performance since 2022, as uncertainty about potential tariff policies affected investor sentiment and risk assets. In this environment, the fund returned -7.59% (net) during the quarter, slightly behind the -7.50% returns of the Russell 2500 Index and underperforming the -5.83% returns of the secondary benchmark, the Russell 2500 Value Index. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Meridian Contrarian Fund highlighted stocks such as AXIS Capital Holdings Limited (NYSE:AXS). AXIS Capital Holdings Limited (NYSE:AXS) is an insurance provider that offers various specialty insurance and reinsurance products. The one-month return of AXIS Capital Holdings Limited (NYSE:AXS) was 4.16%, and its shares have appreciated by 39.34% over the past 52 weeks. On May 28, 2025, AXIS Capital Holdings Limited (NYSE:AXS) closed at $101.47 per share, with a market capitalization of $7.981 billion. Meridian Contrarian Fund stated the following regarding AXIS Capital Holdings Limited (NYSE:AXS) in its Q1 2025 investor letter: "AXIS Capital Holdings Limited (NYSE:AXS) is a global specialty insurer and reinsurer. We invested in 2020 following a period of earnings pressure tied to unfavorable underwriting results. We were initially attracted by a new management team's operational turnaround efforts, including reduced exposure to catastrophe risk and a strategic focus on high-potential areas such as cyber insurance. In 2023, a newly appointed CEO accelerated the company's repositioning, aiming to achieve top-tier performance versus peers. The stock performed well in the quarter, and we trimmed the position into strength as part of our risk management process, while maintaining a large position." A businessperson in a high-rise office building, demonstrating the protection of professional lines. AXIS Capital Holdings Limited (NYSE:AXS) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 34 hedge fund portfolios held AXIS Capital Holdings Limited (NYSE:AXS) at the end of the first quarter, which was 38 in the previous quarter. While we acknowledge the potential of AXIS Capital Holdings Limited (NYSE:AXS) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered AXIS Capital Holdings Limited (NYSE:AXS) and shared the list of best property & casualty insurance stocks to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Business Wire
08-05-2025
- Business
- Business Wire
Mental Health Awareness Month: AXIS/Harris Poll Survey Finds Nearly 9 in 10 (88%) Insurance Employees Acknowledge Widespread Stress and Anxiety in the Industry
PEMBROKE, Bermuda--(BUSINESS WIRE)--Timed to the start of Mental Health Awareness Month, AXIS Capital Holdings Limited ('AXIS Capital' or the 'Company') (NYSE: AXS) partnered with The Harris Poll to survey the state of mental health within the insurance profession. The research findings revealed a number of trends pointing to widespread and rising stress and anxiety; a desire for better mental health support; and a belief that insurance trails other industries in prioritizing mental health initiatives. The survey, conducted mid-April 2025, was fielded during a time when insurance professionals are facing tremendous change in the risk environment brought on by factors such as economic volatility, rising geopolitical tensions, extreme weather, cyber threats, and technology disruption including artificial intelligence (AI). The research findings are based on online interviews with 405 full-time insurance professionals spanning the United States (US) (305 participants) and United Kingdom (UK) (100 participants). 'As we are all experiencing across both our professional and personal lives, we're living in a period of transcendent change and transformation. The findings from the AXIS/Harris Poll research show that this is taking a toll on insurance and risk management professionals,' says AXIS President & CEO Vince Tizzio. 'Prioritizing mental health is a crucial mandate for business leaders, and it begins with acknowledging and addressing the mental health challenges our teams are experiencing so that we can support and enable a resilient and productive workforce.' The findings from the AXIS/Harris Poll research include: Mental Health Among Insurance Employees: A Growing Crisis Nearly 9 in 10 (88%) insurance employees acknowledge widespread stress and anxiety in the industry About 8 in 10 (77%) insurance employees mention seeking mental health support for themselves in the past year Younger employees (82% among 18-34; 81% among 35-44) did so significantly more than older (45+) employees (64%) Stress levels are rising in sync with workload, particularly in the UK, where 82% of employees report increased stress and anxiety levels over the past 12 months, compared to 60% in the US. Correspondingly, 84% of UK employees and 69% of US employees have experienced an increase in workload over the past year Employee Mental Health Resources Exist but Often Fall Short 8 in 10 (80%) feel insurance trails other industries in prioritizing mental health initiatives and 76% feel these issues are not talked about enough (87% in the UK, 72% in the US) While employees are generally satisfied with their work model (88%), work-life balance (75%), and ability to focus at work (82%), they are less satisfied with their employer's mental health resources (64%) leaving them often underutilized or undervalued The resources found to be most helpful are flexible work arrangements (53%), mental health days (45%), and financial wellness programs (43%) Nearly half (46%) of UK insurance employees say they are not able to manage their workplace stress/anxiety with their employer-provided benefits (compared to only 22% of US employees) "The data clearly shows that our colleagues are seeking empathy, open communication, and benefits regarding mental health needs in the workplace," says Lisa Pariot, AXIS Chief People Officer. "At AXIS, we recognize this and strive to provide the right resources and support for our teammates – not just through our benefits but also in our culture.' In 2024, AXIS announced the scale-up of a broader, year-round internal and external program to promote mental health and wellbeing within the insurance profession through advocacy, education, and employee volunteering. This May, timed to Mental Health Awareness Month, AXIS unveiled enhancements to its internal programming and resources, including a Wellbeing/Mental Health Day as paid time off for employees, and an expansion of educational resources, among other initiatives. About the Study This study was conducted by The Harris Poll on behalf of AXIS Capital, online, April 15-23, 2025, among 305 US and 100 UK full-time insurance employees, ages 18 and over. About AXIS Capital AXIS Capital, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions. The Company has shareholders' equity of $5.9 billion at March 31, 2025, and locations in Bermuda, the United States, Europe, Singapore and Canada. Its operating subsidiaries have been assigned a financial strength rating of "A+" ("Strong") by Standard & Poor's and "A" ("Excellent") by A.M. Best. For more information about AXIS Capital, visit our website at
Yahoo
27-02-2025
- Business
- Yahoo
Those who invested in AXIS Capital Holdings (NYSE:AXS) three years ago are up 86%
By buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. For example, AXIS Capital Holdings Limited (NYSE:AXS) shareholders have seen the share price rise 70% over three years, well in excess of the market return (30%, not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 54%, including dividends. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. See our latest analysis for AXIS Capital Holdings While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. AXIS Capital Holdings was able to grow its EPS at 22% per year over three years, sending the share price higher. We don't think it is entirely coincidental that the EPS growth is reasonably close to the 19% average annual increase in the share price. That suggests that the market sentiment around the company hasn't changed much over that time. Au contraire, the share price change has arguably mimicked the EPS growth. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We consider it positive that insiders have made significant purchases in the last year. Even so, future earnings will be far more important to whether current shareholders make money. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, AXIS Capital Holdings' TSR for the last 3 years was 86%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. It's good to see that AXIS Capital Holdings has rewarded shareholders with a total shareholder return of 54% in the last twelve months. That's including the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 13% per year), it would seem that the stock's performance has improved in recent times. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. Investors who like to make money usually check up on insider purchases, such as the price paid, and total amount bought. You can find out about the insider purchases of AXIS Capital Holdings by clicking this link. AXIS Capital Holdings is not the only stock insiders are buying. So take a peek at this free list of small cap companies at attractive valuations which insiders have been buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
