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Axis Capital (AXS) Prelim. Q2 EPS Misses Expectations

July 13, 2015 4:13 PM EDT

Axis Capital (NYSE: AXS) announced preliminary information on its expected results for the second quarter of 2015, which are as follows:

Second quarter operating income1 between $91 million and $97 million. The quarterly results were impacted by:Catastrophe and weather-related pre-tax net losses of approximately $39 million, primarily related to weather loss events in the U.S.A. and AustraliaLarge losses in our insurance marine... More