---
schema_version: "secwatch.filing_event.v1"
accession: "0001214816-23-000088"
form_type: "8-K"
ticker: "AXS"
cik: "0001214816"
company_name: "AXIS CAPITAL HOLDINGS LTD"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:03:23.178604+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AXIS Capital reports Q3 net income of $181M, operating EPS $2.34, combined ratio improves 11.6 pts to 92.7%

## Summary
- Net income available to common shareholders of $181M ($2.10 diluted EPS) vs loss of $(17M) in Q3 2022.
- Operating income of $202M ($2.34 per share) vs $3M a year ago; record operating EPS for Q3 and YTD.
- Combined ratio improved 11.6 pts to 92.7%; catastrophe & weather loss ratio fell 13.4 pts to 3.2%.
- Net investment income rose 75% to $154M driven by higher fixed-maturity yields (book yield 4.1%).
- Book value per diluted share $51.17, up 21.7% YoY adjusted for dividends.

## SEC filing metadata
- accession: 0001214816-23-000088
- form_type: 8-K
- ticker: AXS
- cik: 0001214816
- company_name: AXIS CAPITAL HOLDINGS LTD
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1214816/000121481623000088/0001214816-23-000088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1214816/000121481623000088/axs-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214816-23-000088
- JSON: https://secwatch.observer/filing/0001214816-23-000088.json
- Plain text: https://secwatch.observer/filing/0001214816-23-000088.txt

## Key facts
- Earnings Releases
  AXIS CAPITAL HOLDINGS LTD reported the third quarter ended September 30, 2023 results: net income $181 million, EPS $2.10 per diluted common share.
  - Period: the third quarter ended September 30, 2023
  - Net income: $181 million
  - EPS: $2.10 per diluted common share
  - Result: reported results
  source text: Net income available to common shareholders for the third quarter of 2023 was $181 million, or $2.10 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1214816/000121481623000088/0001214816-23-000088-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.