NEW YORK, Dec. 20, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on ORI, AXS, MBI, and XL which is a click away at www.wallstequities.com/registration. Moody's 2018 outlook on the global Property and Casualty Insurance industry says that continued global economic expansion will support premium growth, especially in China and other emerging economies, although competition will act as a constraint. Capitalization will remain robust and resilient to a range of stress scenarios, with US insurers absorbing 2017 hurricane losses mostly from earnings, the report further noted. Pre-market today, WallStEquities.com takes a closer look at how the following equities have fared over the previous trading sessions: Old Republic International Corp. (NYSE: ORI), AXIS Capital Holdings Ltd (NYSE: AXS), MBIA Inc. (NYSE: MBI), and XL Group Ltd (NYSE: XL). See what Wall St. Equities' research desk has to say about these stocks, join our members and enjoy your free research reports at:
Old Republic International
On Tuesday, shares in Chicago, Illinois-based Old Republic International Corp. saw a slight drop of 0.10%, ending the day at $20.83. The stock recorded a trading volume of 1.84 million shares, which was above its three months average volume of 1.33 million shares. The Company's shares have advanced 0.63% in the last one month, 6.11% over the previous three months, and 9.63% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.14% and 4.69%, respectively. Moreover, shares of the Company, which through its subsidiaries, engages in the insurance underwriting and related services business primarily in the US and Canada, have a Relative Strength Index (RSI) of 58.17. Looking for insightful coverage on ORI? Sign up for free at:
AXIS Capital Holdings
Shares in Pembroke, Bermuda headquartered AXIS Capital Holdings Ltd ended the day 0.20% lower at $50.20. A total volume of 1.18 million shares was traded, which was above their three months average volume of 807,760 shares. The stock is trading below its 50-day moving average by 6.06%. Furthermore, shares of AXIS Capital, which through its subsidiaries, provides various specialty insurance and reinsurance products worldwide, have an RSI of 35.77.
On December 07th, 2017, AXIS Capital announced that its Board of Directors has declared a quarterly dividend of $0.39 per common share, which represents an increase of 3%. The common dividend will be payable on January 16th, 2018, to the shareholders of record at the close of business on December 29th, 2017. Today's complimentary research report on AXS is accessible at:
At the close of trading on Tuesday, shares in Purchase, New York headquartered MBIA Inc. finished 4.13% lower at $7.19 with a total trading volume of 3.42 million shares. The stock is trading below its 50-day moving average by 7.53%. Shares of the Company, which provides financial guarantee insurance services to public finance markets in the US and internationally, have an RSI of 36.72. Register now for your free research document on MBI at:
Hamilton, Bermuda-based XL Group Ltd's shares recorded a trading volume of 2.76 million shares at the end of yesterday's session. The stock closed the day 0.54% lower at $35.32. The Company's shares are trading below their 50-day moving average by 10.12%. Additionally, shares of XL Group, which through its subsidiaries, operates as an insurance and reinsurance company worldwide, have an RSI of 30.30.
On December 14th, 2017, XL Catlin, the global brand used by XL Group, has promoted Jay Lefkowitz to president of its Global Risk Management business in North America. Based in New York, Mr. Lefkowitz reports to Joe Tocco, Chief Executive of the Company's North America Insurance business. Click on the link below and see our free report XL at:
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