AXIS CAPITAL HOLDINGS LTD

AXIS Capital announced an agreement to acquire the renewal rights to the Excess Liability business of DUAL North America. As part of the transaction, John Kopach, Executive Vice President of DUAL Excess Liability, will join AXIS as Head of Wholesale Lower Middle Market. This move is expected to enhance AXIS's Casualty platform and reflects a strengthening partnership between the two companies, allowing DUAL to focus on other parts of its Casualty business.

AXIS Capital Holdings Limited announced the appointment of Rahil Jogani as its new Head of Technology & Artificial Intelligence (AI) Strategy. Based in New York, Mr. Jogani will be responsible for defining the Company's enterprise technology and AI agenda, aiming to advance the adoption of emerging technologies across the business. His work will focus on delivering measurable business outcomes, including improved underwriting insight, claims analysis, and risk selection. Mr. Jogani previously served as a Partner at McKinsey & Company for 16 years.

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.

AXIS Capital Holdings Limited reported Q2 2026 net income of $251 million, or $3.38 per diluted common share, and operating income of $211 million, or $2.84 per diluted common share. The company achieved a 93.1% combined ratio and saw its book value per diluted common share increase by 14.7% year-over-year to $80.67. Gross premiums written grew 6% to $2.7 billion, driven by strong performance in the insurance segment, while the reinsurance segment maintained a disciplined stance. The company returned $122 million to shareholders through repurchases and dividends.

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.

AXIS Capital Holdings Limited announced its plans to release financial results for the second quarter ended June 30, 2026, on Tuesday, July 28, 2026, after the close of financial markets. Following the release, President and CEO Vince Tizzio, along with CFO Matthew Kirk, will host an investor teleconference on Wednesday, July 29, 2026, at 8:30 a.m. ET to discuss the results and related matters. A live webcast of the call will also be available on the company's website.

AXIS Capital Holdings Limited announced the appointment of Pradip Patiath to its Board of Directors, effective June 15, 2026. Mr. Patiath, a Senior Partner at McKinsey & Company, will join the Board's Risk and Human Capital and Compensation Committees. He brings extensive experience in digital strategy, enterprise transformation, and advanced analytics across insurance, banking, private equity, and fintech industries. His appointment increases the AXIS Board to twelve members, with eleven being independent.

AXIS Capital Holdings Limited announced that its Board of Directors has declared a quarterly dividend of $0.44 per common share. Additionally, the Board declared a dividend of $34.375 per Series E 5.50% preferred share, equivalent to $0.34375 per depositary share. Both dividends are payable on July 15, 2026, to shareholders of record as of June 30, 2026.

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.

AXIS Capital Holdings Limited reported Q1 2026 net income available to common shareholders of $247 million, a 33% increase year-over-year, and operating income of $257 million. The company achieved an annualized operating return on average common equity of 17.7% and a combined ratio of 89.8%. Gross premiums written rose 11% to $3.1 billion, driven by strong performance in the Insurance segment, while also returning $93 million to shareholders.