AXIS Capital (AXS) reported second-quarter 2026 net income available to common shareholders of $251 million, or $3.38 per diluted common share, compared with $216 million, or $2.72 per diluted common share, a year earlier.
Total revenues were $1.75 billion for the quarter ended June 30, 2026. Gross premiums written rose 6% to $2.7 billion, while the combined ratio was 93.1% and underwriting income was $143 million.
- Net income available to common shareholders increased 16% from the second quarter of 2025.
- Operating income was $211 million, or $2.84 per diluted common share.
- Insurance gross premiums written increased 15%, while reinsurance gross premiums written decreased 25%.
- Book value per diluted common share was $80.67 at June 30, 2026.
- Year-to-date net income available to common shareholders was $498 million, or $6.67 per diluted common share.