Axis Capital Holdings Ltd (AXS): Richard T Jr Gieryn , EVP, General Counsel & Sec of Axis Capital Holdings Ltd sold 14,967 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were sold at $54.37 per share for a total value of $813,784.25 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 4, 2016, Wilhelm Zeller (director) sold 9,700 shares at $53.31 per share price.On Mar 7, 2016, Richard T Jr Gieryn (EVP, General Counsel & Sec) sold 15,697 shares at $54.93 per share price.
Axis Capital Holdings Limited: On Friday, May 20, 2016 heightened volatility was witnessed in Axis Capital Holdings Limited which led to swings in the share price. The shares opened for trading at $53.92 and hit $54.578 on the upside , eventually ending the session at $54.39, with a gain of 0.91% or 0.49 points. The heightened volatility saw the trading volume jump to 5,17,005 shares. The 52-week high of the share price is $60 and the company has a market cap of $5,054 M . The 52-week low of the share price is at $51.01.
On May 5, 2016, Axis Capital Holdings Limited announced a cash dividend of $0.3500. The company’s management has announced Jun 28, 2016 as the ex-dividend date and fixed the record date on Jun 30, 2016. The payable date has been fixed on Jul 15, 2016.
AXIS Capital Holdings Limited is a Bermuda-based holding company for the AXIS group of companies. The Company provides a range of specialty (re)insurance through operating subsidiaries and branch networks -based in Bermuda the United States Canada Europe Australia and Singapore. The Company operates in to segments: AXIS Insurance and AXIS Re. The Company also has marketing offices in Brazil France and Spain. The lines of business in insurance segment include property marine terrorism aviation credit and political risk professional lines liability and accident and health. The reinsurance segment provides non-life reinsurance to insurance companies. The lines of business in insurance segment include catastrophe; property; professional lines; credit and surety; motor; liability; engineering; agriculture among others.