Quarterly ResultJul 28, 2026, 04:18 PM
AXIS Capital Q2 Operating ROACE 14.3%; Book Value $80.67, up 14.7% YoY
AI Summary
AXIS Capital Holdings Limited reported strong financial results for the second quarter of 2026, with an annualized operating return on average common equity (ROACE) of 14.3% and a combined ratio of 93.1%. Net income available to common shareholders increased by 16% year-over-year to $251 million, and diluted EPS was $3.38. Book value per diluted common share grew by 14.7% year-over-year to $80.67, reflecting consistent profitable growth across the business.
Key Highlights
- Q2 2026 annualized operating ROACE was 14.3%.
- Book value per diluted common share reached $80.67, a 14.7% increase YoY.
- Q2 2026 net income available to common shareholders was $251 million, up 16% YoY.
- Q2 2026 diluted EPS was $3.38.
- Q2 2026 combined ratio was 93.1%.
- Q2 2026 gross premiums written increased 6% to $2.7 billion.
- Insurance segment Q2 gross premiums written rose 15% to $2.2 billion.
- Reinsurance segment Q2 gross premiums written decreased 25% to $439.5 million.
Price Impact
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