Key Takeaways AXS focuses on growth areas like wholesale insurance, lower middle markets, and specialty reinsurance lines. AXS aims to reduce its general and administrative expense ratio to below 11% by 2026. AXS repositioned its business for specialty risk leadership, focusing on underwriting profitability.Shares of AXIS Capital Holdings Limited (AXS) have gained 48% in the past year, outperforming its industry, the Finance sector and the Zacks S&P 500 composite’s growth of 19%, 18.4% and 9.4%, respectiv ...