Axis Capital Holdings Limited

  • Who Is Insuring the Insurers?

    By Meena Krishnamsetty - January 16, 2013 | Tickers: AXS, RE, PRE, RGA, RNR

    With the memory of Hurricane Sandy still fresh for many of those affected by last October’s tropical storm, insurance claims continue to roll in for those seeking reprieve for damages. While a largely negative event for insurance companies, most do not assume all of these risks and are able to pass on a significant amount to a secondary sector, known as the reinsurance industry. Reinsurers exist to help spread more »

  • 5 Value Stocks that Insiders Like

    By Meena Krishnamsetty - October 17, 2012 | Tickers: AGCO, AXS, CNO, GM, TKR

    Insider purchases tend to be bullish signs for a company, but that's not the only factor we use to narrow down our investment choices.  We also like to use the traditional value metric of a trailing price-to-earnings ratio to see how cheap a stock is relative to the company’s past performance. Using data from Fidelity and our own database of insider trades, here are five stocks that have more »

  • This Company Insider Put $1 Million on the Table

    By Meena Krishnamsetty - September 7, 2012 | Tickers: ACE, AXS, CINF, TRV, XL

    John Nichols, who became CEO of Axis Capital Holdings Limited (NYSE: AXS)’s reinsurance division earlier this year, purchased 30,000 shares of the company on August 30th at an average price of $33.60. Axis is an insurer providing products such as property insurance, professional liability insurance, and reinsurance. These 30,000 shares were a substantial increase in Nichols’s holdings: he had previously owned 50,000 shares more »

  • Insiders Bought These Stocks Recently

    By Meena Krishnamsetty - September 7, 2012 | Tickers: AXS, DAL, GGP, HALO, RSE

    Company insiders had better know what they are doing when they purchase shares. Because their future earnings are already tied to the company’s prospects, buying a larger stake in its equity makes for particularly poor diversification. Therefore, in theory insider buying should be a bullish sign for a stock- the insider is so confident that the stock will rise in the future that the expected gains trump the gains more »