Quarterly ResultJul 28, 2026, 04:42 PM
AXIS Capital Q2 Net Income $250.5M, EPS $3.38
AI Summary
AXIS Capital Holdings Limited reported strong financial results for the second quarter and first half of 2026. Net income available to common shareholders increased to $250.5 million for Q2 2026, with diluted EPS rising to $3.38. Net premiums earned grew to $1.52 billion, contributing to a total revenue of $1.75 billion. While operating cash flow saw a substantial improvement year-to-date, the combined ratio for both the Insurance and Reinsurance segments slightly worsened compared to the prior year.
Key Highlights
- Net income available to common shareholders increased to $250.5 million for Q2 2026, up from $215.8 million in Q2 2025.
- Diluted earnings per common share rose to $3.38 for Q2 2026, compared to $2.72 in Q2 2025.
- Net premiums earned for Q2 2026 were $1.52 billion, an increase from $1.39 billion in Q2 2025.
- Total revenues for Q2 2026 reached $1.75 billion, up from $1.63 billion in Q2 2025.
- The combined ratio for the Insurance segment was 90.0% and for Reinsurance was 94.5% in Q2 2026.
- Net cash provided by operating activities for YTD 2026 was $1.15 billion, a significant improvement from $(1.35) billion in YTD 2025.
- Total assets increased to $36.62 billion at June 30, 2026, from $34.46 billion at December 31, 2025.
- Shareholders' equity grew to $6.50 billion at June 30, 2026, from $6.36 billion at December 31, 2025.
Price Impact
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