AXIS Capital Completes IPO

NU Online News Service, July 2, 3:55 p.m. EDT?AXIS Capital Holdings, the Bermuda-based provider of specialtyinsurance and treaty reinsurance, has completed its initial publicoffering of 21.5 million common shares priced at $22 each.

After their debut yesterday, the new AXIS shares, which arelisted on the New York Stock Exchange, were trading up from theoriginal IPO price, at more than $25 per share.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.