AXIS Capital Preferred AXS.PR.E Offers Competitive Yield for Income Investors
AXIS Capital Holdings highlights its BBB-rated preferred stock AXS.PR.E, a fixed-rate, non-cumulative Series E security with QDI-eligible dividends. The company reports 15% year-over-year growth in premiums written and diluted book value, alongside a 93.1% combined ratio, though reinsurance premiums declined 25%. The offering is positioned for income-focused investors seeking stability.