Axis Capital (AXS) Tops Q2 EPS by 10c
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AXIS Capital Reports Second Quarter Net Income of $93 Million, or $1.11 Per Diluted Common Share; Operating Income of $106 Million, or $1.27 Per Diluted Common Share; Ex-PGAAP Operating Income of $120
July 25, 2018 4:15 PM EDTFor the second quarter of 2018, the Company reports:
Combined ratio improved 4.5 points year over year Return on average common equity of 8.3% and ex-PGAAP operating return on average common equity ("ex-PGAAP ROACE") of 10.7% Transformation and integration initiatives on track to deliver $100 million of savings by year-end 2020PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Capital Holdings Limited ("AXIS Capital" or "the Company") (NYSE: AXS) today reported net income available to common shareholders for the second quarter of 2018 of $93... More
