AXIS reports financial results for the second quarter 2022
AXIS Capital reports Q2 2022 Net Income Available to Common Shareholders of $27 Million, or $0.32 Per Diluted Common Share and Operating Income of $149 Million, or $1.74 Per Diluted Common Share
For the second quarter of 2022, the Company reports:
- Current accident year combined ratio, excluding catastrophe and weather-related losses of 88.4%, an improvement of 0.3 points, compared to the prior year
- Annualized return on average common equity ("ROACE") of 2.5% and annualized operating ROACE of 13.7%
For the six months ended June 30, 2022, the Company reports:
- Current accident year combined ratio, excluding catastrophe and weather-related losses of 87.8%, an improvement of 1.2 points, compared to the prior year
- Annualised return on average common equity ("ROACE") of 7.5% and annualized operating ROACE of 14.6%
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About AXIS
Specialty Solutions, Elevated
In a world that never stands still – where the nature of risk is constantly evolving and the needs of your customers are continually changing – you need a partner that turns challenges into possibilities and possibilities into opportunities.
A specialty insurer and reinsurer that elevates beyond the standard solutions. We help customers pursue their ambitions and explore new pathways through tailored products and services, on a global scale. A partner that you can trust – and who is with you for the journey.