Quarterly ResultApr 29, 2026, 04:49 PM
AXS Q1 Net Income +31.3% to $254.8M; Diluted EPS $3.29
AI Summary
AXIS CAPITAL HOLDINGS LTD reported a strong first quarter for 2026, with net income increasing by 31.3% to $254.8 million and diluted earnings per common share rising by 45.6% to $3.29. The company's net premiums earned grew by 10.4% to $1.48 billion, and its combined ratio improved to 89.8%. Operating cash flow saw a significant increase, and the company continued its share repurchase program.
Key Highlights
- AXS Q1 Net Income $254.8M, +31.3% YoY.
- Diluted EPS $3.29, +45.6% YoY.
- Net Premiums Earned $1.48B, +10.4% YoY.
- Combined ratio improved to 89.8% from 90.2%.
- Insurance segment gross premiums written $1.98B, +19.8% YoY.
- Reinsurance segment gross premiums written $1.11B, -2.1% YoY.
- Net cash from operating activities $519.4M, +68.0% YoY.
- Repurchased $82.2M in common shares.
Price Impact
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