AXIS Capital Holdings Ltd

In Stage 2 advance, AXS is in a Lockout Rally driving urgency and forced participation. Despite Extreme OB context, the active Lockout Rally override permits immediate participation. Medium-term bias remains Bullish, supported by higher highs & higher lows and rising EMAs. Execution is warranted in the breakout zone above recent highs with continuation participation.

• ↑Net income of $247M drives 17% annualized ROE
• ↑Authorized $300M more in buybacks and returned $93M in Q1
• ↓Property segment rates fell 13%, reversing prior rate gains