Axis Capital (AXS) Tops Q1 EPS by 4c

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AXIS Capital Reports First Quarter Net Income Available to Common Shareholders of $142 Million, or $1.65 Per Diluted Common Share and Operating Income $180 Million, or $2.09 Per Diluted Common Share

April 27, 2022 4:15 PM EDT

For the first quarter of 2022, the Company reports:

Improvement of 7.5 points in the combined ratio to 91.4% Annualized return on average common equity ("ROACE") of 12.0% and annualized operating ROACE of 15.3% Book value per diluted common share of $51.97

PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Capital Holdings Limited ("AXIS Capital" or "the Company") (NYSE: AXS) today announced financial results for the first quarter ended March 31, 2022.

Commenting on the first quarter 2022 financial results, Albert Benchimol, President and CEO of AXIS Capital,... More