Record Operating Earnings Per Share
AXIS Capital achieved a record operating earnings per share of $3.17, representing a 23% increase over the prior year quarter.
Strong Operating Return on Equity
The company reported an annualized operating return on equity of 19.2% for the quarter.
Record Premiums Growth
AXIS Capital generated record premiums of $2.8 billion, representing 5% growth over the prior year quarter, including $738 million in new premiums.
Net Investment Income Increase
The company reported net investment income of $208 million, up 24% over the prior year quarter.
Successful Share Repurchase
AXIS Capital completed $440 million in share repurchases during the quarter.