MGIC Investment (MTG) recently announced its Nov 2016 operating business statistics. Shares of the company hit a new 52-week high of $9.83 to finally close at $9.79 on Dec, gaining 2.84% during the trading session.
Shares of Axis Capital (AXS) have been on an uptrend (gaining 10.9%) since the company's announcement of solid third-quarter results on Oct 26. Shares of Axis Capital outperformed the Zacks-categorized Property and Casualty industry (that gained 7.8%).
AXIS Capital Holdings Limited (AXS) recently announced its decision to acquire general aviation insurance and reinsurance leader, Aviablel.
Aon plc (AON) announced an agreement to acquire Admix, a leading health and benefits brokerage and solutions firm in Brazil.
Alleghany Corporation (Y) recently unveiled its estimated pre-tax catastrophe loss levels for the fourth quarter of 2016.
Hallmark Financial (HALL) posted operating earnings of 27 cents per share in the third quarter of 2016. The quarterly earnings missed the Zacks Consensus Estimate by 15.6% and also plunged 22.9% year over year.
Berkshire Hathaway Inc.'s (BRK.B) third-quarter 2016 operating earnings of $1.97 per share beat the Zacks Consensus Estimate of $1.88.
AXIS Capital Holdings Limited (AXS) reported third-quarter 2016 earnings per share of $1.78 that beat the Zacks Consensus Estimate by 63.3%.
Let's take a look at how these five property and casualty insurers - XL, AXS, ACGL, AHL, SIGI - might fare when they report their Q3 numbers on Oct 26.
We expect property and casualty insurer The Travelers Companies, Inc. (TRV) to beat expectations when it reports third-quarter results on Oct 20 before the market opens.
On Sep 23, 2016, we issued an updated research report on AXIS Capital Holdings Limited (AXS).
On Aug 23, 2016, we issued an updated research report on AXIS Capital Holdings Limited (AXS)
Berkshire Hathaway's (BRK.B) second-quarter 2016 operating earnings of $1.87 per share that beat the Zacks Consensus Estimate of $1.84. Earnings were down 19% on a year-over-year basis.
insurers in this well-capitalized industry remain well poised on their expanded and diversified product and service portfolio.
AXIS Capital (AXS) reported second-quarter 2016 earnings per share of 51 cents beat the beating the Zacks Consensus Estimate by 45%. However, earnings plunged 45.2% year over year.
Let's see what's in store for four P&C insurers AXS, RE, CB, CINF that are reporting early this week.