Insurer Axis Capital Holdings was in demand during yesterday's trading session in the US.
Axis's shares jumped as much as 6pc before settling a bit to close 4pc higher at around $57.
A cheeky financial blog with stories about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. [Disclaimer - the information on Betaville does not constitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions.]