AXIS Capital 2015 Q3 Net Income: $248M
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the third quarter of 2015 of $248 million, or $2.50 per diluted common share, compared with $279 million, or $2.68 per diluted common share, for the third quarter of 2014.
Net income available to common shareholders for the nine months ended September 30, 2015, was $467 million or $4.65 per diluted common share, compared with $607 million, or $5.68 per diluted common share, for the corresponding period of 2014.
Operating income for the third quarter of 2015 was $51 million, or $0.51 per diluted common share, compared to $133 million, or $1.27 per diluted common share, for the third quarter of 2014.
For the nine months ended September 30, 2015, AXIS Capital reported operating income of $281 million, or $2.79 per diluted common share, compared with $443 million, or $4.14 per diluted common share, for the first nine months of 2014.
