**AXIS Capital Holdings Reports Financial Results for Fiscal Year 2025**
AXIS Capital Holdings Ltd., a global specialty underwriter and provider of insurance and reinsurance solutions, has released its financial results for the fiscal year ending December 31, 2025. The company reported net income available to common shareholders of $979 million, or $12.35 per diluted common share, and operating income of $1.0 billion, or $12.92 per diluted common share. Gross premiums written totaled $9.6 billion, with net premiums written at $6.1 billion and net premiums earned reaching $5.7 billion.
The company's underwriting income was $725 million, resulting in a combined ratio of 89.8%. Pre-tax catastrophe and weather-related losses, net of reinsurance, amounted to $159 million, or 2.8 percentage points on the combined ratio, primarily due to California Wildfires, Hurricane Melissa, and the Middle East Conflict. Net investment income reached $767 million, complemented by net investment gains of $59 million. Foreign exchange losses were reported at $142 million, while income tax expense totaled $217 million, including a $19 million Bermuda deferred tax benefit.
Compared to the previous fiscal year, AXIS Capital experienced growth in several specialty lines insurance and reinsurance markets, while continuing to re-balance its portfolio towards highly targeted specialty lines. The company's financial strength was characterized by $5.8 billion in common shareholders’ equity, $7.7 billion in total capital, and $34.5 billion in total assets at the end of 2025. The number of employees increased by approximately 5% during 2025, reaching 1,966, and the voluntary turnover rate was 9.6%, compared to 11.9% in 2024.
Looking ahead, AXIS Capital aims to continue its strategy of profitable growth and increased shareholder value. The company will focus on underwriting discipline, selective appetite, and leveraging its global platform to introduce products and services to new regions. The company also plans to continue investing in data, technology, and AI capabilities to empower underwriters and enhance customer service. The company's Board of Directors approved a new share repurchase program for up to $300 million of the Company's common shares on February 26, 2026.
About AXIS CAPITAL HOLDINGS LTD
AXIS Capital Holdings Limited is a global specialty underwriter providing insurance and reinsurance solutions across diverse markets including Bermuda, the U.S., Europe, Canada, and Asia Pacific. Its core business segments include specialty insurance—covering professional lines, property, liability, cyber, marine, aviation, and credit risks—and treaty reinsurance. AXIS leverages underwriting expertise, diversified risk portfolios, strong financial strength, and broad distribution through brokers and managing agents to deliver tailored risk transfer products and services worldwide.
About 10-K Filings
A 10-K form is a comprehensive annual report that public companies in the United States must file with the SEC, providing a detailed overview of the company's financial condition, performance, and business strategies.
Key points about the 10-K:
- Frequency: Filed annually, typically within 60 to 90 days after the end of the company's fiscal year.
-
Content: It includes:
- Detailed financial statements audited by an independent accounting firm
- Management's Discussion and Analysis (MD&A) of financial condition and results
- Description of the company's business, properties, and legal proceedings
- Risk factors and market risks
- Executive compensation and corporate governance information
- Importance: Considered the most comprehensive and important document a public company files with the SEC.
- Length: Often exceeds 100 pages due to its extensive and detailed nature.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.