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AXIS Capital Holdings has delivered a powerful 5 year run in its share price, yet the recent pullback raises a straightforward question for investors who care about earnings. Is the current valuation still grounded in what the insurer actually earns, or has the stock moved ahead of its underlying profit power? Over the past 5 years the stock has gained 132.1%, which puts real pressure on the question of whether AXIS Capital Holdings' earnings can carry that much share price appreciation. The...
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