NYSE:AXSInsurance
Should Bank of America’s Cautious Underwriting View Require Action From AXIS Capital Holdings (AXS) Investors?
In recent days, analysts have issued mixed views on AXIS Capital Holdings, with several reiterating positive ratings while Bank of America Securities downgraded the stock to Neutral and cited a tougher two-year outlook amid changing underwriting and risk conditions.
This divergence in analyst opinions highlights growing debate over AXIS’s exposure to managing general agent and contract-binding business, as well as the potential impact of higher acquisition costs and reserve developments on...