Latest Articles about AXS

A.M. Best Upgrades View on PartnerRe - Analyst Blog

Zacks Equity Research — Fri, 24 May 2013 03:26:59 Z

Ratings agency A.M. Best showed confidence in PartnerRe Ltd . ( PRE ) as it avowed the credibility of the company and upgraded the outlook to 'stable' from 'negative.' Accordingly, the

Allstate Refinances Debt - Analyst Blog

Zacks Equity Research — Thu, 23 May 2013 23:28:13 Z

Taking advantage of the ongoing low interest rates, auto and home insurer - Allstate Corp . ( ALL ) announced its intention to prepay some debt, which was previously taken at higher rates,

Ratings on Montpelier Affirmed - Analyst Blog

Zacks Equity Research — Wed, 22 May 2013 23:29:43 Z

A.M. Best Co. has confirmed the Financial Strength Rating (FSR) and Issuer Credit Rating (ICR) of Montpelier Reinsurance Ltd. (Montpelier Re). Montpelier Re is a wholly owned subsidiary of

AXIS Capital Redeems Preferreds - Analyst Blog

Zacks Equity Research — Wed, 22 May 2013 23:28:10 Z

Recently, AXIS Capital Holdings Limited ( AXS ) declared that it will redeem all of its outstanding preferred shares which consist of 4 million of its 7.25% Series A Preferred Shares, par

XL Launches Truck Cargo Coverage - Analyst Blog

Zacks Equity Research — Wed, 22 May 2013 23:27:36 Z

Global insurance and reinsurance company, XL Group Plc ( XL ) introduced the Motor Truck Cargo Coverage Solutions to enhance its inland marine business, under its Property and Casualty

Homeowners Choice Upped to Strong Buy - Analyst Blog

Zacks Equity Research — Wed, 22 May 2013 17:33:25 Z

On May 21, Zacks Investment Research upgraded Homeowners Choice, Inc . ( HCI ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? Homeowners Choice witnessed rising earnings

Travelers Affirmed at Outperform - Analyst Blog

Zacks Equity Research — Wed, 22 May 2013 17:32:22 Z

We have reaffirmed our Outperform recommendation on The Travelers Companies Inc. ( TRV ) following strong first-quarter results. The property and casualty insurer carries a Zacks Rank #2

RenaissanceRe to Issue Preferred Shares - Analyst Blog

Zacks Equity Research — Wed, 22 May 2013 01:25:55 Z

Recently, RenaissanceRe Holdings Ltd. ( RNR ) announced a public offer to sell 11 million 5.375% Series E preference shares of $275 million or $25 per share, having liquidity preference.

RLI Corp. Slips to Neutral - Analyst Blog

Zacks Equity Research — Tue, 21 May 2013 22:27:54 Z

On May 17, we downgraded property and casualty insurer, RLI Corp. ( RLI ) to Neutral from Outperform as it lagged the Zacks Consensus Estimate on both counts. In addition, the continued low

Progressive Downgraded to Neutral - Analyst Blog

Rageshree Bose — Mon, 20 May 2013 23:04:44 Z

On May 17, 2013, we downgraded our recommendation on Progressive Corp. ( PGR ) to Neutral from Outperform based on the stressed bottom line growth and continued pressure on underwriting

ACE Limited Hikes Dividend by 4% - Analyst Blog

Zacks Equity Research — Mon, 20 May 2013 22:04:07 Z

The shareholders of ACE Limited ( ACE ), at the extraordinary general meeting held on May 16, 2013, approved the board's proposal to hike the quarterly dividend to 51 cents. The increased

ProAssurance Upgraded to Strong Buy - Analyst Blog

Zacks Equity Research — Mon, 20 May 2013 18:26:37 Z

On May 18, Zacks Investment Research upgraded ProAssurance Corporation ( PRA ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? ProAssurance has been witnessing rising earnings

Better Result for PGR in April - Analyst Blog

Zacks Equity Research — Fri, 17 May 2013 20:00:01 Z

Progressive Corp .'s ( PGR ) earnings per share (EPS) for Apr 2013 were 23 cents, surging 130% from 10 cents earned in Apr 2012. Net income shot up 128% year over year to $139.5 million in

United Fire Raises Dividend by 20% - Analyst Blog

Zacks Equity Research — Fri, 17 May 2013 01:29:16 Z

Recently, the board of United Fire Group, Inc. ( UFCS ) approved a 20% increase in its quarterly cash dividend to 18 cents per share from 15 cents paid earlier. The new dividend will be

ACE Limited Shares Hit 52-Week High - Analyst Blog

Zacks Equity Research — Thu, 16 May 2013 19:29:26 Z

On May 14, 2013, shares of ACE Limited ( ACE ) hit a 52-week high of $92.69. The momentum was driven by a strong first quarter, which included a 12.4% positive surprise, rating upgrade and