Axis Capital Q2 FY26 net income rises 16% to $251 million; combined ratio widens 4.2 percentage points to 93.1%
Reuters2026/07/28 20:27By:Reuters
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- Axis Capital posts Q2 net income available to common shareholders of USD 251 million, up 16%, or USD 3.38 per diluted share.
- Combined ratio widens 4.2 percentage points to 93.1%, producing underwriting income of USD 143 million, down 24%.
- Gross premiums written rise 6% to USD 2.7 billion, with insurance up 15% to USD 2.23 billion while reinsurance drops 25% to USD 439 million.
- Book value per diluted share climbs to USD 80.67, up 14.7% year over year; total capital returned totals USD 122 million.
- CEO Vince Tizzio cites an evolving risk landscape tied to the Middle East conflict, with Q2 catastrophe and weather-related losses of USD 80 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Axis Capital Holdings Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001214816-26-000201), on July 28, 2026, and is solely responsible for the information contained therein.
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