Axis Capital (AXS) Reports Q1 EPS of $0.97

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Go back to Axis Capital (AXS) Reports Q1 EPS of $0.97

Axis Capital Reports First Quarter Net Income Available to Common Shareholders of $116 Million, or $1.36 Per Diluted Common Share

April 28, 2021 4:15 PM EDT

For the first quarter of 2021, the Company reports:

Operating income of $83 million, or $0.97 per diluted common share Improvement of 4.3 points in current accident year combined ratio, excluding catastrophe and weather-related losses, compared to the prior year Annualized return on average common equity ("ROACE") of 9.9% and annualized operating ROACE of 7.1% Book value per diluted common share of $53.03, an increase of $3.25, or 7%, compared to March 31, 2020

PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Capital Holdings Limited ("AXIS Capital" or "the Company") (NYSE: AXS) today announced... More