AXIS Capital Holdings Q2 2025 Earnings: EPS Falls Short of Expectations, Revenue Up 13% YoY.

AXIS Capital Holdings reported Q2 2025 revenue of $1.63bn, up 13% YoY, and net income of $223.4m, up 9.3% YoY. EPS was $2.85, up from $2.42 in Q2 2024, but missed analyst estimates by 8.1%. Revenue is forecast to grow 3.4% p.a. over the next 3 years, compared to a 5.4% growth forecast for the US insurance industry. The company's shares are down 3.8% from a week ago.

AXIS Capital Holdings Limited (AXS) reported a robust second quarter (Q2) 2025, with revenue of $1.63 billion, marking a 13% year-over-year (YoY) increase. Net income was $223.4 million, up 9.3% YoY, while earnings per share (EPS) reached $2.85, a 17.4% increase from the same period last year. However, EPS missed analyst estimates by 8.1% [1].

The company's insurance segment performed exceptionally well, with premiums reaching $1.9 billion, a 7% growth over the prior year. The underwriting income for insurance hit $152 million, the highest on record. The reinsurance segment saw gross premiums decline by 6.8%, but the combined ratio improved to 92% [1].

Revenue is forecast to grow at a compound annual rate (CAGR) of 3.4% over the next three years, compared to the 5.4% growth forecast for the US insurance industry. The company's shares have fallen by 3.8% from a week ago, likely due to the EPS miss and ongoing market uncertainty [2].

AXIS Capital's management highlighted the company's strategic investments in technology and AI, which are driving operational efficiency and risk management. The company is also addressing potential reserve and loss ratio pressures, particularly in North America liability and reinsurance lines [1].

References:
[1] https://seekingalpha.com/news/4474479-axis-capital-signals-higher-second-half-insurance-premium-growth-as-strategic-investments
[2] https://www.tradingview.com/news/tradingview:f1cf7b54e4fbf:0-axis-capital-holdings-ltd-sec-10-q-report/