AXIS Capital Reports Third Quarter Net Income Available to Common Shareholders of $202 Million, or $2.75 per Diluted Common Share and Operating Income of $229 Million, or $3.12 per Diluted Common ShareFor the third quarter of 2026 , the Company reports: Annualized return on average common equity ("ROACE") of 13.8% and annualized operating ROACE of 15.7% Combined ratio of 94.0% and underwriting income of $134 million Book value per diluted common share of $79.06 For the nine months ended September 30, 2026 , the Company reports: Net income available to common shareholders of $699 million , or $ 9.42 per diluted common share and operating income of $697 million , or $ 9.39 per diluted common share Annualized ROACE and annualized operating ROACE of 16.1% Combined ratio of 92.3% and underwriting income of $464 million Book value per diluted common share, excluding accumulated other comprehensive income (loss) ("AOCI") of $84.33 , an increase of $10.64, or 14.4%, compared to $73.69 at September 30, 2025 PEMBROKE, Bermuda, Oct. 28, 2026 (GLOBE NEWSWIRE) -- AXIS Capital Holdings Limited ("AXIS Capital" or "AXIS" or "the Company") (NYSE: AXS) today announced financial results for the third quarter ended September 30, 2026. Commenting on the third quarter 2026 financial results, Vince Tizzio, President and CEO of AXIS Capital said: "This was a strong quarter for AXIS, as our team leaned into attractive underwriting opportunities while practicing disciplined cycle management in a transitioning market.
GlobeNewsWire10/28/2026Neutral