---
schema_version: "secwatch.filing_event.v1"
accession: "0001214816-25-000148"
form_type: "8-K"
ticker: "AXS"
cik: "0001214816"
company_name: "AXIS CAPITAL HOLDINGS LTD"
filed_at: "2025-07-29T23:59:59+00:00"
generated_at: "2026-05-17T23:32:15.041127+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AXIS Capital Q2 net income $216M ($2.72/sh), operating income $261M ($3.29/sh), combined ratio 88.9%

## Summary
- 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.

## SEC filing metadata
- accession: 0001214816-25-000148
- form_type: 8-K
- ticker: AXS
- cik: 0001214816
- company_name: AXIS CAPITAL HOLDINGS LTD
- filed_at: 2025-07-29T23:59:59+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/1214816/000121481625000148/0001214816-25-000148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1214816/000121481625000148/axs-20250729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214816-25-000148
- JSON: https://secwatch.observer/filing/0001214816-25-000148.json
- Plain text: https://secwatch.observer/filing/0001214816-25-000148.txt

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