axis is a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, backed by the exceptional financial strength and solid claims-paying ability of the axis insurance companies, rated “a+” (strong) with a stable outlook by standard & poor’s and “a+” (superior) xv with a stable outlook by a.m. best. our highly experienced underwriting, claims, modeling and actuarial teams in bermuda, australia, canada, europe, latin america, singapore and the united states have a breadth and depth of knowledge that distinguishes axis as a provider of choice. axis’s ethical, entrepreneurial, and disciplined culture promotes outstanding client service and intelligent risk taking. axis insurance provides customized property, casualty, professional lines and other specialty coverage across the globe through wholesale and retail brokers, and managing general underwriters. http://www.axiscapital.com/en-us/insurance
Company profile
Ticker
AXS
Exchange
Website
CEO
Vincent Christopher Tizzio
Employees
Location
Fiscal year end
Industry (SIC)
Former names
AXIS CAPITAL HOLDINGS L
SEC CIK
Corporate docs
Subsidiaries
AXIS Specialty Holdings Bermuda Limited • AXIS Specialty Limited • AXIS Specialty Investments Limited • AXIS Specialty Investments II Limited • AXIS ILS Ltd. • AXIS Reinsurance Managers Limited • AXIS Specialty Europe • AXIS Specialty Global Holdings Limited • AXIS Specialty Holdings Ireland Limited • AXIS Group Benefits LLC ...
AXS stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
4 Apr 24
ARS
2023 FY
Annual report to shareholders
4 Apr 24
DEF 14A
Definitive proxy
4 Apr 24
8-K
Entry into a Material Definitive Agreement
28 Mar 24
8-K
Axis Capital Announces Publication of the Company's
25 Mar 24
8-K
Axis Appoints W. Marston Becker As Chair-elect of Board of Directors
29 Feb 24
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
27 Feb 24
8-K
1 2023 Fourth Quarter AXIS Capital Investor Presentation
26 Feb 24
8-K
Axis Capital Reports Fourth Quarter 2023 Results
31 Jan 24
8-K
Axis Capital Announces Preliminary 2023 Full-year Financial Results and Conclusion of Reserve Review
23 Jan 24
Transcripts
AXS
Earnings call transcript
2023 Q4
1 Feb 24
AXS
Earnings call transcript
2023 Q3
2 Nov 23
AXS
Earnings call transcript
2023 Q2
2 Aug 23
AXS
Earnings call transcript
2023 Q1
27 Apr 23
AXS
Earnings call transcript
2022 Q4
26 Jan 23
AXS
Earnings call transcript
2022 Q3
27 Oct 22
AXS
Earnings call transcript
2022 Q2
27 Jul 22
AXS
Earnings call transcript
2022 Q1
28 Apr 22
AXS
Earnings call transcript
2021 Q4
27 Jan 22
AXS
Earnings call transcript
2021 Q3
28 Oct 21
Latest ownership filings
4
Conrad D. Brooks
5 Mar 24
4
Peter Vogt
5 Mar 24
4
Vincent C Tizzio
5 Mar 24
4
David S. Phillips
5 Mar 24
4
Kent W Ziegler
5 Mar 24
4
Daniel J Draper
5 Mar 24
SC 13G/A
T. Rowe Price Investment Management, Inc.
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
4
STANLEY A GALANSKI
7 Feb 24
4/A
CHARLES A DAVIS
5 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.27 bn | 1.27 bn | 1.27 bn | 1.27 bn | 1.27 bn | 1.27 bn |
Cash burn (monthly) | 83.65 mm | 47.33 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 575.03 mm | 325.34 mm | n/a | n/a | n/a | n/a |
Cash remaining | 692.28 mm | 941.97 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 8.3 | 19.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
91.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 280 |
Opened positions | 54 |
Closed positions | 33 |
Increased positions | 101 |
Reduced positions | 82 |
13F shares | Current |
---|---|
Total value | 4.35 tn |
Total shares | 77.58 mm |
Total puts | 9.00 k |
Total calls | 12.80 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 8.63 mm | $486.59 bn |
T. Rowe Price Investment Management | 6.90 mm | $389.18 bn |
Stone Point Capital | 6.78 mm | $382.06 bn |
BLK Blackrock | 3.80 mm | $213.99 bn |
Dimensional Fund Advisors | 3.76 mm | $212.02 bn |
American Century Companies | 2.98 mm | $167.81 bn |
Pzena Investment Management | 1.93 mm | $108.96 bn |
River Road Asset Management | 1.92 mm | $107.98 bn |
Jennison Associates | 1.83 mm | $102.90 bn |
Johnson Investment Counsel | 1.78 mm | $100.14 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Daniel J Draper | Common Shares | Payment of exercise | Dispose F | No | No | 60.86 | 2,174 | 132.31 k | 21,240 |
1 Mar 24 | Conrad D. Brooks | Common Shares | Payment of exercise | Dispose F | No | No | 60.86 | 2,041 | 124.22 k | 56,564 |
1 Mar 24 | Peter Vogt | Common Shares | Payment of exercise | Dispose F | No | No | 60.86 | 3,818 | 232.36 k | 89,888 |
1 Mar 24 | Vincent C Tizzio | Common Shares | Payment of exercise | Dispose F | No | No | 60.86 | 2,589 | 157.57 k | 98,611 |
1 Mar 24 | David S. Phillips | Common Shares | Payment of exercise | Dispose F | No | No | 60.86 | 4,595 | 279.65 k | 79,612 |
News
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19 Apr 24
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18 Apr 24
Wells Fargo Maintains Underweight on Axis Capital Holdings, Lowers Price Target to $57
11 Apr 24
Keefe, Bruyette & Woods Maintains Outperform on Axis Capital Holdings, Raises Price Target to $80
10 Apr 24
EXCLUSIVE: Foonie Magus Founder Unveils Apeiron's Vision And Launch Of APRS
5 Apr 24
Press releases
AXIS Capital to Release First Quarter Financial Results on May 1, 2024
10 Apr 24
AXIS Capital Announces Publication of the Company's 2023 Loss Development Triangles
25 Mar 24
AXIS Promotes Kyle Freeman to Head of ILS
21 Mar 24
AXIS Appoints W. Marston Becker as Chair-Elect of Board of Directors
29 Feb 24
AXIS Names Stephen Lord as Global Chief Information Officer; Robert Barriero as Global Head of Strategic Sourcing and Corporate Real Estate
28 Feb 24