AXIS Capital (AXS)
Underwrites specialty insurance and selected treaty reinsurance worldwide.
Something off on this page? Send us feedback.
Underwrites specialty insurance and targeted treaty reinsurance through AXIS Insurance and AXIS Re. A portfolio reset moved the group away from catastrophe and property reinsurance toward less volatile specialty lines.
Writing specialty insurance and treaty reinsurance worldwide, the group operates through AXIS Insurance and AXIS Re. Its origins in a Bermuda market-capacity shortage shaped a focused underwriting platform rather than a broad retail-insurance model.
London and Lloyd’s scale expanded through the Novae acquisition. After a portfolio reset, it exited catastrophe and property reinsurance, concentrating instead on specialty insurance and targeted reinsurance lines including accident and health, casualty, and credit and surety. The business depends on underwriting and pricing specialized risks across global markets and on the integration of its insurance and reinsurance platforms.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 16, 2026 | Mizuho Securities | Target | Target: $130 | Target: $118 |
| Aug 3, 2026 | UBS | Reiterate | Rating: —Target: $131 | Target: $126 |
| Aug 3, 2026 | Mizuho Securities | Target | Target: $142 | Target: $130 |
| Jul 29, 2026 | Capital One Financial | Target | Target: — | Target: $108 |
| Jul 15, 2026 | Atlantic Equities | Target | Target: — | Target: $122 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $6.09B · Total debt $1.49B · Total assets $36.62B · Shareholders' equity $6.50B
- Revenue
- $1.75B
- Operating income
- $335.4M
- Net income
- $383.3M
HistoryDividendAnnual yieldUpcoming
| Institutions | 99.55% | 72.64M shares | |
|---|---|---|---|
| 478 holders · as of Jun 30, 2026 | |||
| Insiders | 1.14% | 831.2K shares | |
| 19 holders · as of Jun 3, 2026 | |||
| Adds to | 100.69% | ||
72.97M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 100.69%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Pzena Investment Management, LLCInstitution | 9.67% | 7.06M | filed Jan 20, 2022 |
AQR Capital Management LLCInstitution | 5.80% | 4.23M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 5.25% | 3.83M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.19% | 3.79M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 4.71% | 3.44M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 7, 2026 | Henry B. Smith | director | −2,542 | $98.69 |
| Nov 19, 2025 | Charles A. Davis | director | −2,404,133 | $98.90 |
- Arch Capital Group
Global specialty insurer and reinsurer across commercial lines
- Everest Group
Worldwide P&C insurance and specialty reinsurance platform
- RenaissanceRe
Casualty and specialty (re)insurance for global counterparties
- Markel Group
Global specialty insurance for complex commercial risks
- Hamilton Insurance Group
Global specialty insurance and reinsurance across Bermuda and London
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| AXIS Capital | $96.53 | +0.25% | $7.03B | 6.1 | 7.4 | 1.0 | +7.4% |
| Arch Capital Group | $95.32 | +0.39% | $33.17B | 7.4 | 10.1 | 1.7 | −22.3% |
| Everest Group | $374.35 | +0.91% | $14.68B | 7.9 | 6.8 | 0.9 | −10.1% |
| RenaissanceRe | $330.32 | +1.36% | $13.54B | 5.6 | 8.2 | 1.3 | −28.5% |
| Markel Group | $1,762.90 | −0.03% | $21.85B | 9.7 | 15.3 | 1.3 | +17.6% |
| Hamilton Insurance Group | $33.79 | +0.15% | $3.37B | 5.9 | 7.7 | 1.1 | +16.7% |
| Median | 7.4 | 8.2 | 1.3 | −10.1% |