Axis Capital Holdings Reports Record Third Quarter Operating EPS and Book Value Per Share
Reuters
Nov 04, 2025
Axis Capital Holdings Reports Record Third Quarter Operating EPS and Book Value Per Share
Axis Capital Holdings Limited reported record third quarter operating earnings per share of $3.25 and a record diluted book value per common share of $73.82, representing a 14% increase over the past 12 months. Gross premiums written for the last twelve months totaled $9.4 billion, with $7.0 billion from insurance and $2.4 billion from reinsurance. Gross premiums written grew 10% year-over-year to $2.1 billion, with new business contributing $670 million. The company achieved a combined ratio of 89.4% for the third quarter. Insurance gross premiums written increased 11% year-over-year to $1.7 billion, with new business of $570 million and record underwriting income of $153 million. Growth was reported across all insurance lines except cyber.
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