Recent Updates — AXS-PE

AXIS Capital Holdings Limited reported third-quarter 2026 net income available to common shareholders of $202 million, or $2.75 per diluted common share, a decrease from the prior-year period. Operating income was $229 million, or $3.12 per diluted share, with an annualized operating return on average common equity of 15.7%. Gross premiums written rose 11% to $2.4 billion, driven by growth in the insurance segment, while the combined ratio stood at 94.0%. The company returned $141 million to shareholders through buybacks and dividends. AXIS Capital is a global specialty underwriter providing insurance and reinsurance solutions.

AXIS Capital Holdings Limited reported second quarter 2026 net income available to common shareholders of $251 million, or $3.38 per diluted share, and operating income of $211 million, or $2.84 per diluted share. Gross premiums written increased 6% year-over-year to $2.7 billion, driven by a 15% rise in the insurance segment, while the reinsurance segment declined 25%. The combined ratio was 93.1%, producing $143 million in underwriting income. Book value per diluted common share reached $80.67, a 14.7% increase over the prior year. The company returned $122 million to shareholders, including $89 million in share repurchases and $33 million in dividends. AXIS Capital Holdings Limited is a global specialty underwriter and provider of insurance and reinsurance solutions.