AXIS Capital reported net income available to common shareholders of $197 million, or $2.31 per diluted common share, and operating income of $182 million, or $2.13 per diluted common share for the fourth quarter of 2021. The company's current accident year combined ratio, excluding catastrophe and weather-related losses, improved by 2.3 points compared to the prior year, to 89.5%.
Net income available to common shareholders for the fourth quarter of 2021 was $197 million, or $2.31 per diluted common share.
Operating income for the fourth quarter of 2021 was $182 million, or $2.13 per diluted common share.
Improvement of 2.3 points in current accident year combined ratio, excluding catastrophe and weather-related losses, compared to the prior year, to 89.5%.
Annualized operating return on average common equity of 15.1%.
AXIS Capital did not provide specific forward guidance in the earnings report.
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