Axis shares jump 5% following Q4 earnings beat

Shares in Bermuda-based carrier Axis were up by 5.16 percent
today to $67.9 at 15:44 GMT (10:44 ET) as investors reacted
positively to the company's Q4 results.
Axis has beaten earnings estimates for the fourth quarter, as
the Bermudian joined compatriots RenaissanceRe and XL Group in
surpassing Wall Street expectations.
The carrier generated an operating profit of $101mn, down from
the $120mn recorded in the prior-year period.
But at $1.14 a share the performance was comfortably ahead of
the $0