AXIS Capital (NYSE:AXS) Q3 2025 Earnings Call October 30, 2025 08:30 AM ET Speaker3Good morning and welcome to the AXIS Capital third quarter 2025 conference call. All participants will be in a listen only mode. Should you need assistance, please signal a conference specialist by pressing the star key then zero on your telephone keypad. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad and to withdraw your quest ...

Axis Capital (AXS) came out with quarterly earnings of $3.25 per share, beating the Zacks Consensus Estimate of $2.72 per share. This compares to earnings of $2.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +19.49%. A quarter ago, it was expected that this insurance company would post earnings of $2.88 per share when it actually produced earnings of $3.29, delivering a surprise of +14.24%.Over the last four quarters, the ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-31721 AXIS CAPITAL HOLDINGS LIMITED (Exact name of registrant as specified in its charter) Bermuda (State or other jurisdiction of incorporation or org ...

AXIS CAPITAL HOLDINGS LIMITED INVESTOR FINANCIAL SUPPLEMENT THIRD QUARTER 2025 FINANCIAL SUPPLEMENT TABLE OF CONTENTS | | Page(s) | | --- | --- | | Basis of Presentation | i | | I. Financial Highlights | 1 | | II. Income Statements | | | a. Consolidated Statement of Operations | 2-6 | | b. Consolidated Segment Data | 7 | | c. Gross Premiums Written by Segment by Line of Business | 8 | | d. Consolidated Data | 9 | | e. Segment Data | 10-11 | | f. Net Investment Income | 12 | | III. Balance Sheets | | | a. Co ...

Core Insights - The Zacks Property and Casualty Insurance (P&C) industry is expected to benefit from prudent underwriting, exposure growth, and accelerated digitalization, with key players like The Travelers Companies, Allstate, Cincinnati Financial, CNA Financial, and Axis Capital poised for growth despite rising catastrophic events [1][2]. Industry Overview - The Zacks Property and Casualty Insurance industry includes companies providing commercial and personal property insurance, casualty insurance products, and services, with premiums being the primary revenue source [3]. - The industry is experiencing soft pricing after a period of improved pricing, influenced by factors such as interest rate cuts and inflation [2][3]. Trends Impacting the Industry - Catastrophes are a major concern, leading to rate increases to ensure claims payouts, with global commercial insurance rates falling 4% in the third quarter [4]. - The personal auto insurance segment is expected to perform strongly due to improved investment returns and reduced claims, with gross premiums projected to grow significantly by 2030 [4][5]. - Increased adoption of technology, including AI and insurtech, is transforming operations and enhancing efficiency within the industry [7][8]. Financial Performance and Valuation - The Property and Casualty Insurance industry has underperformed compared to its sector and the S&P 500, with a year-to-date increase of 6.8% compared to 12.5% and 14.9% for the sector and S&P 500, respectively [11]. - The industry is currently trading at a trailing 12-month price-to-book (P/B) ratio of 1.53X, significantly lower than the S&P 500's 8.79X and the sector's 4.23X [13]. Mergers and Acquisitions - Consolidation within the property and casualty industry is expected to continue as companies seek to diversify operations and gain market share, supported by strong capital levels [6]. Company-Specific Insights - **Travelers Companies**: Positioned for growth with high retention and improved pricing, expected earnings growth of 12.3% and 7.6% for 2025 and 2026 respectively [19][20]. - **Allstate**: Anticipates premium improvements from rate increases and strategic acquisitions, with earnings growth of 0.1% and 22% for 2025 and 2026 respectively [23][24]. - **Cincinnati Financial**: Focused on growth through better pricing and disciplined expansion, with a projected earnings growth of 31.1% for 2026 [27][28]. - **Axis Capital**: Aims for growth in specialty underwriting, with expected earnings growth of 8.7% and 1.9% for 2025 and 2026 respectively [31][32]. - **CNA Financial**: Maintains a favorable combined ratio and is well-positioned for growth, with projected earnings growth of 4.3% for 2026 [35][36].

Wall Street expects a year-over-year increase in earnings on higher revenues when Axis Capital (AXS) reports results for the quarter ended September 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 29, might help the stock move higher if these key numbers are better than expec ...

Core Viewpoint - Axis Capital Holdings Limited (AXS) is positioned for potential growth, with a recent price target set by Wells Fargo suggesting a significant upside based on positive earnings outlooks and market performance [2][4]. Company Overview - Axis Capital Holdings Limited operates as a global provider of specialty insurance and reinsurance solutions, competing with major players like Chubb and AIG [1]. - The company has a market capitalization of approximately $7.55 billion and has shown price volatility over the past year, with a trading range between $77.21 and $107.19 [3][5]. Stock Performance - The current stock price of AXS is $96.54, reflecting a 1.63% increase or $1.55 from the previous trading session [3][5]. - The stock has traded within a range of $95.01 to $96.96 on the current day, indicating active trading [3]. Analyst Ratings - Wells Fargo has set a price target of $123 for AXS, indicating a potential increase of approximately 27.41% from its current price [2][5]. - AXS has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism regarding its earnings prospects and future performance [2][4].

Core Viewpoint - Axis Capital (AXS) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system reflects changes in earnings estimates, which are strongly correlated with near-term stock price movements, particularly due to institutional investors adjusting their valuations based on these estimates [4][6]. - An increase in earnings estimates typically leads to higher fair value for a stock, prompting institutional investors to buy or sell, thus affecting stock prices [4]. Company Performance and Outlook - The upgrade for Axis Capital suggests an improvement in the company's underlying business, which is expected to be recognized by investors through a potential increase in stock price [5]. - For the fiscal year ending December 2025, Axis Capital is projected to earn $11.95 per share, with a 3.4% increase in the Zacks Consensus Estimate over the past three months [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - The upgrade of Axis Capital to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].

Core Insights - AXIS Capital Holdings Limited is set to release its financial results for Q3 2025 on October 29, 2025, after market close [1] - The investor teleconference will be held on October 30, 2025, at 8 AM, featuring CEO Vince Tizzio and CFO Peter Vogt [1] Financial Results Announcement - The financial results pertain to the third quarter ended September 30, 2025 [1] - The announcement will occur after the close of financial markets on October 29, 2025 [1] Investor Engagement - An investor teleconference will follow the results announcement, allowing for a question and answer session [1] - The teleconference is scheduled for October 30, 2025, at 8 AM [1]

Core Insights - AXIS Capital Holdings Limited has appointed Hannah Hosking as Head of Distribution for Global Markets, aiming to enhance its strategic distribution partnerships [1][3] - Hosking brings 25 years of experience in the insurance industry, previously holding senior roles at AXA XL, Chubb, Hiscox, and Aon [3][4] - The appointment is expected to strengthen broker relationships and align distribution strategy within the Global Markets division [4] Company Overview - AXIS Capital is a global specialty underwriter and provider of insurance and reinsurance solutions [1] - The company is focused on advancing its go-to-market approach and enhancing its value proposition in the insurance sector [4] Leadership and Strategy - Hannah Hosking will report to Edward Ashby, Chief Commercial Officer, and work closely with Sara Farrup, Head of Global Markets [3] - The leadership team aims to drive leadership in specialty underwriting and improve collaboration with key broker and distribution partners [4]