Axis Capital (AXS) Misses Q3 EPS by 1c
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AXIS Capital Reports Third Quarter Net Income Available to Common Shareholders of $47 Million, or $0.56 Per Diluted Common Share
October 27, 2021 4:15 PM EDTFor the third quarter of 2021, the Company reports:
Improvement of 4.8 points in current accident year combined ratio, excluding catastrophe and weather-related losses to 87.6%, compared to the prior year Operating income of $1 million, or $0.01 per diluted common share Pre-tax catastrophe and weather-related losses, net of reinsurance and reinstatement premiums, of $250 million, or 20.7 points Annualized return on average common equity ("ROACE") of 3.9% Book value per diluted common share of $54.86, a decrease of $0.64, or 1.2%, compared to June 30, 2021PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Capital Holdings Limited... More
