Amendment: SEC Form SC 13G/A filed by Axis Capital Holdings Limited

$AXS
Property-Casualty Insurers
Finance
Get the next $AXS alert in real time by email
SC 13G/A 1 axs13gasep24.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4) AXIS CAPITAL HOLDINGS LTD (Name of Issuer) COMMON STOCK (Title of Class of Securities) G0692U109 (CUSIP NUMBER) September 30, 2024 (Date of Event which Requires Filing of Statement) Check the appropriate box to designate the Rule pursuant to which this Schedule is filed: [x] Rule 13d - 1(b) Rule 13d - 1(c) Rule 13d - 1(d) 1. Name of Reporting Person T. Rowe Price Investment Management, Inc. 85-4328500 2. Check the Appropriate Box if a Member of a Group NOT APPLICABLE 3. SEC Use Only 4. Citizenship or Place of Organization Maryland Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power* 3,424,440 6. Shared Voting Power* 0 7. Sole Dispositive Power* 3,431,557 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,431,557 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares NOT APPLICABLE 11. Percent of Class Represented by Amount in Row 9 4.1% 12. Type of Reporting Person IA *Any shares reported in Items 5 and 6 are also reported in Item 7. Item 1(a) Name of Issuer: AXIS CAPITAL HOLDINGS LTD Item 1(b) Address of Issuer's Principal Executive Offices: 92 PITTS BAY ROAD, PEMBROKE, BERMUDA HM 08 Item 2(a) Name of Person(s) Filing: (1) T. Rowe Price Investment Management, Inc. (Price Investment Management) Item 2(b) Address of Principal Business Office: 101 E. Pratt Street, Baltimore, MD 21201 Item 2(c) Citizenship or Place of Organization: (1) Maryland Item 2(d) Title of Class of Securities: COMMON STOCK Item 2(e) Cusip Number: G0692U109 Item 3: The person filing this Schedule 13G is an: X Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 Item 4: Reference is made to Items 5-11 on the preceding pages of this Schedule 13G. Item 5: Ownership of Five Percent or Less of a Class This statement is being filed to report the fact that, as of the date of this report, the reporting person(s) has (have) ceased to be the beneficial owner of more than five percent of the class of securities. Item 6: Ownership of More than Five Percent on Behalf of Another Person (1) Price Investment Management does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client's custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the individual and institutional clients which Price Investment Management serves as investment adviser. Any and all discretionary authority which has been delegated to Price Investment Management may be revoked in whole or in part at any time. Except as may be indicated if this is a joint filing with one of the registered investment companies sponsored by Price Investment Management which it also serves as investment adviser ("T. Rowe Price Funds"), not more than 5% of the class of such securities is owned by any one client subject to the investment advice of Price Investment Management. Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8: Identification and Classification of Members of the Group Not Applicable Item 9: Notice of Dissolution of Group Not Applicable Item 10: Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. T. Rowe Price Investment Management, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Investment Management is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. T. Rowe Price Investment Management, Inc. Date: November 14, 2024 Signature: /s/ Ellen York Name & Title: Ellen York, Vice President 09/30/2024
Get the next $AXS alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$AXS

DatePrice TargetRatingAnalyst
1/13/2025$93.00Market Perform
BMO Capital Markets
12/11/2024$78.00 → $89.00Underweight → Equal Weight
Wells Fargo
10/4/2024$118.00Buy
TD Cowen
11/13/2023$59.00 → $66.00Mkt Perform → Outperform
Keefe Bruyette
9/15/2023$53.00 → $68.00Underperform → Buy
BofA Securities
9/8/2023$51.00Sell
Goldman
12/19/2022$63.00 → $60.00Outperform → Mkt Perform
Keefe Bruyette
12/16/2022$55.00Equal Weight → Underweight
Wells Fargo
More analyst ratings

$AXS
Press Releases

Fastest customizable press release news feed in the world

See more
  • AXIS Capital to Release First Quarter Financial Results on April 30, 2025

    AXIS Capital Holdings Limited ("AXIS Capital" or the "Company") (NYSE:AXS) today announced that it expects to release financial results for the first quarter ended March 31, 2025 on Wednesday, April 30, 2025 after the close of the financial markets. Vince Tizzio, President and Chief Executive Officer, and Peter Vogt, Chief Financial Officer, will host an investor teleconference, including a question and answer period, on Thursday, May 1, 2025 at 8:30 a.m. ET to discuss the first quarter results as well as related matters. The teleconference can be accessed by dialing 1-877-883-0383 (U.S. callers), 1-866-605-3850 (Canada callers), or 1-412-902-6506 (international callers), and entering the

    $AXS
    Property-Casualty Insurers
    Finance
  • AXIS Capital Declares Quarterly Dividends and Announces New Share Repurchase Authorization

    AXIS Capital Holdings Limited ("AXIS Capital" or the "Company") (NYSE:AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.44 per common share payable on April 17, 2025 to shareholders of record at the close of business on March 31, 2025. In addition, the Board declared a dividend of $34.375 per Series E 5.50% preferred share (equivalent to $0.34375 per depositary share) payable on April 17, 2025 to shareholders of record at the close of business on March 31, 2025. AXIS Capital also announced that its Board of Directors approved a new share repurchase program, authorizing the Company to purchase up to an aggregate $400 million of the Company's common sh

    $AXS
    Property-Casualty Insurers
    Finance
  • AXIS Capital Reports Fourth Quarter Net Income Available to Common Shareholders of $286 Million, or $3.38 Per Diluted Common Share and Operating Income of $252 Million, or $2.97 Per Diluted Common Share

    For the fourth quarter of 2024, the Company reports: Annualized return on average common equity ("ROACE") of 20.7% and annualized operating ROACE of 18.2% Combined ratio of 94.2% Gross premiums written increased by $191 million, or 11% For the year ended 2024, the Company reports: Net income available to common shareholders of $1.1 billion, or $12.35 per diluted common share, and operating income of $952 million, or $11.18 per diluted common share Return on average common equity ("ROACE") of 20.5% and operating ROACE of 18.6% Combined ratio of 92.3% Book value per diluted common share of $65.27, an increase of $11.21, or 20.7%, compared to December 31, 2023 AXIS C

    $AXS
    Property-Casualty Insurers
    Finance

$AXS
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$AXS
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$AXS
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$AXS
SEC Filings

See more

$AXS
Leadership Updates

Live Leadership Updates

See more
  • Sara Farrup Becomes AXIS Head of Global Markets

    AXIS Capital Holdings Limited ("AXIS Capital" or "AXIS" or the "Company") (NYSE:AXS) today announced Sara Farrup (nee Mitchell) has assumed the role of Head of Global Markets as part of a planned leadership transition, first announced in September 2024. Ms. Farrup, who reports to AXIS President and CEO Vince Tizzio and is part of the Company's Executive Committee, succeeds longtime Head of Global Markets Mark Gregory, who will continue to serve as a strategic advisor to the Company through March. Ms. Farrup is based in the Company's London office. "I am proud to join AXIS as Head of Global Markets at this exciting point in the Company's journey," commented Ms. Farrup. "I feel privileged t

    $AXS
    Property-Casualty Insurers
    Finance
  • AXIS Appoints Pranav Shroff to Lead Life Sciences in North America

    AXIS Capital Holdings Limited ("AXIS Capital" or "AXIS" or the "Company") (NYSE:AXS) today announced that Pranav Shroff has joined the Company as Head of Life Sciences in North America. Mr. Shroff will lead the development of a suite of specialty coverages in support of the life sciences industry, with an initial focus on Products Liability, Professional Liability, and Clinical Trials Liability. His responsibilities include executing on the underwriting strategy, cultivating relationships with our distribution partners in this specialty segment, and building a team to support this initiative. Bringing extensive underwriting experience and knowledge of life sciences, Mr. Shroff joins AXIS

    $AXS
    Property-Casualty Insurers
    Finance
  • AXIS Appoints W. Marston Becker as Chair-Elect of Board of Directors

    AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS) today announced that W. Marston (Marty) Becker will succeed Henry B. Smith as non-executive Chair of its Board of Directors. Mr. Smith, who has served as Chair since May of 2020, has decided to transition from the Chair role and will continue to maintain a seat on the Board. The transition will take place in May of 2024, timed to the Company's Annual General Meeting. "There is no better individual to succeed me as Chair of the AXIS Board of Directors than Marty Becker. Over the past four years, the Company has benefitted enormously from Marty's wisdom, and deep understanding of the specialty property and casualty space," said Mr. S

    $AXS
    Property-Casualty Insurers
    Finance

$AXS
Financials

Live finance-specific insights

See more
  • AXIS Capital to Release First Quarter Financial Results on April 30, 2025

    AXIS Capital Holdings Limited ("AXIS Capital" or the "Company") (NYSE:AXS) today announced that it expects to release financial results for the first quarter ended March 31, 2025 on Wednesday, April 30, 2025 after the close of the financial markets. Vince Tizzio, President and Chief Executive Officer, and Peter Vogt, Chief Financial Officer, will host an investor teleconference, including a question and answer period, on Thursday, May 1, 2025 at 8:30 a.m. ET to discuss the first quarter results as well as related matters. The teleconference can be accessed by dialing 1-877-883-0383 (U.S. callers), 1-866-605-3850 (Canada callers), or 1-412-902-6506 (international callers), and entering the

    $AXS
    Property-Casualty Insurers
    Finance
  • AXIS Capital Declares Quarterly Dividends and Announces New Share Repurchase Authorization

    AXIS Capital Holdings Limited ("AXIS Capital" or the "Company") (NYSE:AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.44 per common share payable on April 17, 2025 to shareholders of record at the close of business on March 31, 2025. In addition, the Board declared a dividend of $34.375 per Series E 5.50% preferred share (equivalent to $0.34375 per depositary share) payable on April 17, 2025 to shareholders of record at the close of business on March 31, 2025. AXIS Capital also announced that its Board of Directors approved a new share repurchase program, authorizing the Company to purchase up to an aggregate $400 million of the Company's common sh

    $AXS
    Property-Casualty Insurers
    Finance
  • AXIS Capital Reports Fourth Quarter Net Income Available to Common Shareholders of $286 Million, or $3.38 Per Diluted Common Share and Operating Income of $252 Million, or $2.97 Per Diluted Common Share

    For the fourth quarter of 2024, the Company reports: Annualized return on average common equity ("ROACE") of 20.7% and annualized operating ROACE of 18.2% Combined ratio of 94.2% Gross premiums written increased by $191 million, or 11% For the year ended 2024, the Company reports: Net income available to common shareholders of $1.1 billion, or $12.35 per diluted common share, and operating income of $952 million, or $11.18 per diluted common share Return on average common equity ("ROACE") of 20.5% and operating ROACE of 18.6% Combined ratio of 92.3% Book value per diluted common share of $65.27, an increase of $11.21, or 20.7%, compared to December 31, 2023 AXIS C

    $AXS
    Property-Casualty Insurers
    Finance

$AXS
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more