Earnings summaries and quarterly performance for AXIS CAPITAL HOLDINGS.
Executive leadership at AXIS CAPITAL HOLDINGS.
Vincent Tizzio
President and Chief Executive Officer
A. Tom Bolovinos
Chief Accounting Officer
Conrad Brooks
Chief Administrative and Legal Officer
Daniel Draper
Chief Underwriting Officer
David Phillips
Chief Investment Officer
Peter Vogt
Chief Financial Officer
Board of directors at AXIS CAPITAL HOLDINGS.
Anne Melissa Dowling
Director
Axel Theis
Director
Barbara Yastine
Director
Charles Davis
Director
Elanor Hardwick
Director
Henry Smith
Director
Lizabeth Zlatkus
Director
Michael Millegan
Director
Stanley Galanski
Director
Thomas Ramey
Director
W. Marston Becker
Chair of the Board
Research analysts who have asked questions during AXIS CAPITAL HOLDINGS earnings calls.
Andrew Kligerman
TD Cowen
4 questions for AXS
Charlie Lederer
BMO Capital Markets
3 questions for AXS
Andrew Andersen
Jefferies
2 questions for AXS
Brian Meredith
UBS
2 questions for AXS
Elyse Greenspan
Wells Fargo
2 questions for AXS
Hristian Getsov
Wells Fargo
2 questions for AXS
Joshua Shanker
Bank of America Merrill Lynch
2 questions for AXS
Meyer Shields
Keefe, Bruyette & Woods
2 questions for AXS
Dean Criscitiello
Keefe, Bruyette & Woods
1 question for AXS
Josh Shanker
Bank of America
1 question for AXS
Yaron Kinar
Oppenheimer & Co. Inc.
1 question for AXS
Recent press releases and 8-K filings for AXS.
- AXIS Capital Holdings Limited entered into a stock repurchase agreement on November 19, 2025, to buy back 2,404,133 common shares from T-VIII PubOpps LP.
- The repurchase was for an aggregate price of approximately $238 million, at a price of $98.90 per share.
- This transaction was conducted under the Company's Board-authorized $400 million share repurchase program.
- Following the repurchase, T-VIII PubOpps LP, an investment vehicle managed by Stone Point Capital LLC, will no longer hold any of the Company's common shares, down from approximately 3.1% previously.
- AXIS Capital Holdings Ltd. reported record Third Quarter Operating EPS of $3.25 and a record Diluted Book Value per Common Share of $73.82, representing a 14% increase over the past 12 months, for the period ended September 30, 2025.
- The company's Gross Premiums Written (GPW) for the last twelve months ended September 30, 2025, totaled $9.4 billion, comprising $7.0 billion from Insurance and $2.4 billion from Reinsurance.
- In Q3 2025, AXS achieved a 10% year-over-year increase in gross premiums written to $2.1 billion and a combined ratio of 89.4%, demonstrating strong results in targeted specialty lines.
- The Insurance segment recorded an 11% year-over-year increase in gross premiums written to $1.7 billion and record underwriting income of $153 million in Q3 2025.
- AXIS reported strong Q3 2025 financial results, with operating earnings per share increasing 20% to $3.25 and gross premiums written reaching a record $2.1 billion, up nearly 10% year-over-year. The company achieved an annualized operating return on equity of 17.8% and a combined ratio of 89.4%.
- The insurance segment delivered record third-quarter premium production of $1.7 billion, an 11% increase over the prior period, largely driven by new and expanded initiatives. Strategic partnerships, such as Axis Capacity Solutions with Ryan Specialty, are anticipated to potentially lead to double-digit insurance growth in the coming year.
- Diluted book value per common share rose 14% year-over-year to $73.82. AXIS is accelerating investments in its operational infrastructure, with expenditures now approximating $150 million over three years, and aims for an 11% G&A ratio by FY 2026.
- The company continued its capital return program, completing $600 million in share repurchases and declaring $105 million in common dividends this year, with a new $400 million repurchase authorization in place.
- AXIS Capital delivered excellent Q3 2025 results, with diluted book value per common share increasing 14% year-over-year to $73.82, an 18% annualized operating return on equity, and operating earnings per share rising 20% to $3.25.
- The company achieved its highest third-quarter premiums ever at $2.1 billion, representing a nearly 10% increase over the prior year, and reported an excellent combined ratio of 89.4%.
- Strategic advancements include the launch of Axis Capacity Solutions, which transacted its first deal with Ryan Specialty, and continued investments in operational infrastructure, leveraging emerging technologies and AI, with $100 million pledged for these initiatives.
- AXIS returned $600 million to shareholders through share repurchases and declared $105 million in common dividends this year, with a new $400 million repurchase authorization.
- The company anticipates a mid to high single-digit growth rate for the next year, excluding any impact from new sidecars.
- AXIS Capital delivered strong Q3 2025 results, including a 14% year-over-year increase in diluted book value per common share to $73.82, an 18% annualized operating return on equity, and operating earnings per share of $3.25, marking a 20% increase over the prior year quarter.
- The company achieved its highest third-quarter premiums ever at $2.1 billion, up nearly 10% year-over-year, and an excellent combined ratio of 89.4%. Net income available to common shareholders was $294 million, or $3.74 per diluted common share.
- AXIS is making significant investments in its operational infrastructure, technology, and AI, reflecting a pledge to invest $100 million. The company also launched Axis Capacity Solutions, which transacted its first deal with Ryan Specialty during the quarter.
- The insurance segment reported record third-quarter premium production of $1.7 billion, an 11% increase over the prior period, and underwriting income of $153 million, up 55%. The reinsurance segment grew premiums by 6% and maintained a combined ratio of 92.2%.
- Year-to-date, AXIS has returned $600 million to shareholders through share repurchases and declared $105 million in common dividends, with a new $400 million repurchase authorization recently passed. Matt Kirk was announced as the future CFO.
- AXIS Capital reported net income available to common shareholders of $294 million, or $3.74 per diluted common share, for the third quarter of 2025, marking a 70% increase compared to the third quarter of 2024. Operating income for the quarter was $255 million, or $3.25 per diluted common share, an 11% increase.
- The company's underwriting performance improved significantly, with a combined ratio of 89.4% in Q3 2025, down from 93.1% in Q3 2024, and underwriting income increasing by 39% to $188 million.
- Book value per diluted common share reached $73.82 as of September 30, 2025, reflecting a 4.9% increase from June 30, 2025, and a 14.2% increase over the past twelve months.
- Gross premiums written grew by 9.7% to $2.124 billion in Q3 2025, with the insurance segment contributing $1.692 billion (up 10.8%).
- Matthew Kirk will succeed Pete Vogt as CFO, starting in November, with Vogt remaining CFO through 2025 and serving as an advisor in 2026, indicating an orderly succession plan.
- AXIS has withdrawn from property catastrophe reinsurance and increased risk retention in its insurance business, leading to reduced earnings volatility and higher operating leverage. This shift allows for potentially more risk in the investment portfolio, which has already seen an increase in risk assets from 14% to 17-18%.
- The company is driving growth through new and expanded initiatives (contributing $250 million premium in Q2 2025 to the insurance group) , a focus on the underserved small and middle market , and a reconstituted MGA strategy (MGAs contribute 14% of North American insurance business).
- AXIS maintains a cautious liability reinsurance appetite through 2025 and is investing in data and analytics and AI to enhance underwriting decisions, improve cycle times, and drive expense rationalization and better growth.
Quarterly earnings call transcripts for AXIS CAPITAL HOLDINGS.
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