AXIS Capital reported a strong fourth quarter with a net income available to common shareholders of $286 million, or $3.38 per diluted common share, and operating income of $252 million, or $2.97 per diluted common share. The company's combined ratio was 94.2%, and gross premiums written increased by 11%. For the full year 2024, AXIS Capital reported net income available to common shareholders of $1.1 billion, or $12.35 per diluted common share.
Net income available to common shareholders for Q4 2024 was $286 million, or $3.38 per diluted common share.
Operating income for Q4 2024 was $252 million, or $2.97 per diluted common share.
The combined ratio for Q4 2024 was 94.2%.
Gross premiums written increased by 11% in Q4 2024.
As we progress into 2025, we believe AXIS is poised to build on its positive momentum, while leveraging our specialty expertise to help our customers navigate an increasingly dynamic risk landscape.