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AXIS Insurance partners with cybersecurity company Elpha Secure to protect small businesses

Stocks to buy, 29 cheap stocks set to generate higher earnings: GS

Goldman Sachs economists expect that rates will continue to rise in the coming months.  Goldman analysts believe that stock valuations should be able to digest a 2% 10-year yield easily. As such, they share 29 stocks that are still cheap within the high-absolute-valuation stock market. After reaching a new 12-month high of 1.62% on Friday, 10-year Treasury yields retreated slightly to land at 1.61% as of Monday afternoon.  But interest rate volatility is unlikely to fade away anytime soon. The Cboe Interest Rate Swap Volatility index, which measures the implied volatility of Treasuries, was at its highest level since last March on Friday. Goldman Sachs economists also expect that rates will continue to rise in the coming months, forecasting an 11% pace of real US GDP growth in the second quarter. As the economy continues to recover and reopen, they predict that the 10-year yield will rise to 1.8% by mid-year and 1.9% by year-end.

AXIS Capital Q4 catastrophe and weather-related losses $198 mn combined ratio 109 6%

For the fourth quarter of 2020, the Company reports: Improvement of 4.5 points in current accident year combined ratio, excluding catastrophe and weather-related losses, compared to the prior year Pre-tax catastrophe and weather-related losses, net of reinsurance and reinstatement premiums, of $198 million, or 18.4 points, including the previously disclosed amount of $125 million, or 11.6 points, attributable to the COVID-19 pandemic Net loss attributable to common shareholders of $5 million, or $(0.06) per diluted common share, and operating loss1 of $16 million, or $(0.20) per diluted common share1 Book value per diluted common share of $55.09, an increase of $0.34, or 1%, compared to September 30, 2020 For the year ended 2020, the Company reports:

Earnings Scheduled For January 27, 2021

Earnings Scheduled For January 27, 2021
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