Search
 

AXIS 2Q Net Income Up Despite Cat Losses, Market Factors

Despite substantial catastrophe losses hitting its reinsurance results and "mindless and irrational" competition in the insurance market, Bermuda-based AXIS Capital Holdings reported a 13 percent jump

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Despite substantial catastrophe losses hitting its reinsurance results and “mindless and irrational” competition in the insurance market, Bermuda-based AXIS Capital Holdings reported a 13 percent jump in second-quarter net income.

Net income for second-quarter 2007 was $251.5 million, or $1.51 per share, compared with $223.4 million, or $1.37 per share.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.