AXIS Capital Q4 net income $41M ($0.48) down from $197M; operating income $167M ($1.95); full-year combined ratio 95.8%

AXIS CAPITAL HOLDINGS LTD

2022-FY EPS reported $2.25 revenue$5,135,439,000

Q4 net income $41M ($0.48 per diluted share) vs $197M ($2.31) year ago; operating income $167M ($1.95) vs $182M ($2.13).
Full year 2022 net income $193M ($2.25) vs $588M ($6.90) in 2021; operating income $498M ($5.81) vs $436M ($5.12).
Combined ratio improved 1.7 points to 95.8%; pre-tax catastrophe losses $403M vs $443M in 2021.
Book value per diluted share $46.95, up 7.9% from Q3 2022; adjusted book value $55.49.
CEO Albert Benchimol to transition role to Vince Tizzio; $15M in executive transition costs recorded in Q4.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AXIS CAPITAL HOLDINGS LTD reported the year ended December 31, 2022 results: net income $193 million, EPS $2.25 per diluted common share.

Period: the year ended December 31, 2022
Net income: $193 million
EPS: $2.25 per diluted common share
Result: reported results

Exact text from the filing

Net income available to common shareholders for the year ended December 31, 2022 was $193 million, or $2.25 per diluted common share

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AXIS CAPITAL HOLDINGS LTD reported the fourth quarter ended December 31, 2022 results: net income $41 million, EPS $0.48 per diluted common share.

Period: the fourth quarter ended December 31, 2022
Net income: $41 million
EPS: $0.48 per diluted common share
Result: reported results

Exact text from the filing

Net income available to common shareholders for the fourth quarter of 2022 was $41 million, or $0.48 per diluted common share

View on SEC.gov

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AXIS CAPITAL HOLDINGS LTD filing history →

Source: SEC EDGAR

accession 0001214816-23-000005

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