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Dec 31, 2024

AXIS Capital Q4 2024 Earnings Report

AXIS Capital reported a net income of $286 million for Q4 2024.

Key Takeaways

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.

Total Revenue
$1.47B
Previous year: $1.48B
-0.6%
EPS
$2.97
Previous year: $2.94
+1.0%
Combined Ratio
94.2%
Previous year: 124.6%
-24.4%

AXIS Capital

AXIS Capital

AXIS Capital Revenue by Segment

Forward Guidance

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.