AXIS Capital (AXS) Q2 Earnings Beat on Solid Underwriting
AXSAXIS Capital(AXS) ZACKS·2024-07-31 23:10

AXIS Capital Holdings Limited (AXS) posted second-quarter 2024 operating income of 2.93pershare,beatingtheZacksConsensusEstimateby16.22.93 per share, beating the Zacks Consensus Estimate by 16.2%. The bottom line increased 31.4% year over year.The quarterly results of AXS reflected improved underwriting income across both segments, income from fixed maturities portfolio, an increase in property, credit and political risk, and accident and health lines, as well as lower expenses.Quarterly Operational Update  Total operating revenues of 1.5 billion beat the ...