AXIS Capital Reports Second Quarter Net Income Available to Common Shareholders of $251 Million, or $3.38 Per Diluted Common Share and Operating Income of $211 Million, or $2.84 Per Diluted Common ShareFor the second quarter of 2026 , the Company reports: Annualized return on average common equity ("ROACE") of 17.0% and annualized operating ROACE of 14.3% Combined ratio of 93.1% , producing underwriting income of $143 million Book value per diluted common share of $80.67 For the six months ended June 30, 2026 , the Company reports: Net income available to common shareholders of $498 million , or $ 6.67 per diluted common share and operating income of $468 million , or $ 6.26 per diluted common share Annualized return on average common equity ("ROACE") of 16.9% and annualized operating ROACE of 15.9% Combined ratio of 91.5% , producing underwriting income of $330 million Book value per diluted common share of $80.67 , an increase of $3.47 , or 4.5% , compared to December 31, 2025 , and an increase of $10.33 , or 14.7% compared to June 30, 2025 PEMBROKE, Bermuda, July 28, 2026 (GLOBE NEWSWIRE) -- AXIS Capital Holdings Limited ("AXIS Capital" or "AXIS" or "the Company") (NYSE: AXS) today announced financial results for the second quarter ended June 30, 2026. Commenting on the second quarter 2026 financial results, Vince Tizzio, President and CEO of AXIS Capital said: "AXIS continued to generate consistent, profitable growth in the second quarter, amidst an evolving risk landscape impacted by the Middle East conflict and further transitioning market conditions.
GlobeNewsWire7/28/2026Neutral