earnings
confidence high
sentiment positive
materiality 0.80
AXIS Capital Q2 net income $216M ($2.72/sh), operating income $261M ($3.29/sh), combined ratio 88.9%
AXIS CAPITAL HOLDINGS LTD
2025-Q2 EPS reported
$4.98
revenue$3,154,962,000
- Net income available to common shareholders $216M ($2.72 diluted EPS) vs $204M ($2.40) in Q2 2024.
- Operating income $261M ($3.29/sh) vs $250M ($2.93) in Q2 2024; annualized operating ROACE 19.0%.
- Combined ratio 88.9%; Insurance segment combined ratio 85.3% with record underwriting income $152M and premium volume $1.9B.
- Book value per diluted common share $70.34, +5.8% vs Q1 2025 and +18.6% YoY; completed $2B LPT with Enstar.
- Share repurchases of $50M and dividends of $0.44/share during Q2; net investment income $187M.