|Bid||0.00 x 21500|
|Ask||56.90 x 4000|
|Day's range||55.55 - 55.77|
|52-week range||33.77 - 56.39|
|PE ratio (TTM)||N/A|
|Earnings date||24 Jul 2018 - 30 Jul 2018|
|Forward dividend & yield||0.88 (1.60%)|
|1y target est||54.08|
On a comparative assessment, we try and find out which stock, Markel (MKL) or XL Group (XL) is a more attractive pick pertaining to fundamentals.
When Hurricane Sandy hit the U.S. East Coast in October 2012, its 80-mile-per-hour winds and the resulting flooding did about $71 billion in damage. After the storm, researchers found that natural coastal ecosystems saved communities from Maryland to New Jersey about $625 million in damages. Now one insurer is thinking about investing directly in wetlands to try to mitigate the risks from storms to its bottom line and to offset its carbon emissions.
Axa Equitable Holdings Inc. dropped as much as 2.5 percent in its trading debut after its initial public offering -- the biggest in the U.S. this year -- fell almost $1 billion shy of its target. Axa Equitable Holdings, which includes the U.S. operations of French insurance giant Axa SA, raised $2.75 billion, selling 137.25 million shares for $20 each. The IPO flop marks another blow for Axa Chief Executive Officer Thomas Buberl, who’s trying to re-make Europe’s second-largest insurer.
ZURICH/LONDON (Reuters) - Zurich Insurance (ZURN.S) has no plans for a big merger, it said on Wednesday, despite speculation of a pick-up in dealmaking in the industry and that the Swiss company could get involved. The insurer's comments came as it beat analysts' forecasts with a 5 percent rise in property and casualty (P&C) premiums for the first quarter. Zurich's share price has fluctuated in recent weeks on speculation of a takeover bid by rival Allianz (ALVG.DE).
On a per-share basis, the Hamilton, Bermuda-based company said it had net income of 58 cents. Earnings, adjusted for non-recurring costs, were 82 cents per share. The results did not meet Wall Street expectations. ...
Insurance stocks in the first quarter are likely to benefit from a positive operating environment, fundamental strength of insurers and a lower tax rate.
Better investment results and premium growth are likely to aid XL Group's (XL) Q1 earnings. However, escalating expenses and a massive cat loss might be dampeners.
AXA Equitable Holdings, the U.S. arm of the French insurer AXA, plans to begin showcasing itself to investors next week for what would be the biggest U.S.-listed IPO of the year so far, measured by amount ...
IHS Markit , a world leader in critical information, analytics and solutions, has implemented its core Enterprise Data Management solution and EDM Warehouse at XL Catlin, a global insurance and reinsurance company.
LONDON--(BUSINESSWIRE)-- Integrated data management and data warehousing solutions support XL Catlin’s investment operations IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics ...
French insurer AXA (AXAF.PA) is restructuring its Swiss business in a move that would hit its results in the short term, but is expected to give it more financial flexibility ahead of the $15 billion (10.59 billion pounds) acquisition of XL Group (XL.N). AXA, Europe's second-biggest insurer by market value behind Allianz (ALVG.DE), said it would make its Swiss Group Life insurance unit a semi-autonomous business focusing on small-to-medium sized enterprises (SMEs). In addition to a 400 million Swiss francs ($419 million) hit to first-half earnings, AXA also said the new structure would result in a temporary reduction in its underlying earnings of around 20 million euros from 2019.
XL Group's (XL) brand XL Catlin enhances the online underwriting platform, aimed at facilitating brokers' workflow and providing clients with better insurance solutions.
Insurance broker Paul Marshall can count on his phone ringing in the aftermath of a school shooting. Since the Feb. 14 shooting at a Florida high school, where 17 people were killed and more than a dozen injured, seven South Florida school districts have bought $3 million worth of "active shooter" coverage that Marshall's Ohio-based employer, the McGowan Companies, began selling in 2016.
Amazon and Netflix live in a different reality from the rest of the market. And that has one widely followed technician on watch.
Investors need to pay close attention to XL Group (XL) stock based on the movements in the options market lately.
Commercial insurance is turning into Land of the Giants—and AXA’s investors are right to be nervous as the French insurer moves to radically reshape itself with a $15.3 billion deal to buy XL Group.
French financial giant AXA said it would buy New York-listed insurance company XL Group for $15.3 billion, creating one of the world’s biggest property and casualty insurers.
•...consider whether Ford Motor (F) and General Motors (GM) are stuck even without tariffs. The S&P 500 rose 1.1% to 2720.94, while the Dow Jones Industrial Average gained 336.70 points, or 1.4%, to 24,874.76. The Dow Jones Industrial Average had been down more than 150 points, or 0.6%.
Stocks that moved substantially or traded heavily Monday: XL Group Ltd., up $12.62 to $55.92 The insurance and reinsurance company agreed to be bought by French company AXA. Qualcomm Inc., down 73 cents ...
Plus, Rich Guerrini, CEO of PNC Investments, gives his take on markets. Yahoo Finance’s Jen Rogers, Andy Serwer and Myles Udland discuss the top stories of the day. Shares of XL Group (XL) are soaring after the company agreed to be acquired by French insurance company, AXA, for $15.3 billion. XL Group provides property and casualty commercial insurance, reinsurance and other financial services.
U.S. stocks rise, with the Dow Jones Industrial Average bouncing back from a four-session losing streak, as investors attempt to look beyond the threat of a global trade war.