AXIS Capital Completes IPO

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

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

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