AXIS Capital's (AXS) Q1 Earnings Beat, Premiums Rise Y/Y
AXSAXIS Capital(AXS) Zacks Investment Research·2024-05-02 20:51

AXIS Capital Holdings Limited (AXS) posted first-quarter 2024 operating income of $2.57 per share, beating the Zacks Consensus Estimate by 1.2%. The bottom line increased 10.3% year over year.The insurer’s results reflected higher premiums earned, lower catastrophe losses, improved income from the fixed maturities portfolio and a rise in underwriting income.Quarterly Operational Update   Total operating revenues of $1.4 billion missed the Zacks Consensus Estimate by 2.8%. The top line, however, rose 5% year ...