Janney Capital Upgrades AXIS Capital (AXS) to Buy

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AXIS Capital Reports Second Quarter Operating Income of $94 Million, or $0.93 Per Diluted Common Share

July 28, 2015 4:15 PM EDT

For the second quarter of 2015, the Company reports:

Annualized operating return on average common equity of 7.0% Diluted book value per common share of $51.81

PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Capital Holdings Limited (AXIS Capital) (NYSE: AXS) today reported net income available to common shareholders for the second quarter of 2015 of $63 million, or $0.63 per diluted common share, compared with $191 million, or $1.79 per diluted common share, for the second quarter of 2014. Net income available to common shareholders for the six months ended June 30, 2015, was $219 million... More