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flag AXIS Capital's Q3 2025 net income surged 70% to $294 million, driven by better underwriting and higher premiums.

flag AXIS Capital reported a 70% surge in third-quarter 2025 net income to $294 million, or $3.74 per share, driven by stronger underwriting results and an 11% rise in gross premiums written to $1.7 billion. flag Operating income grew 11% to $255 million, with a combined ratio of 89.4%, beating estimates. flag Book value per share rose 4.9% to $73.82, and the company returned $145 million to shareholders. flag Non-GAAP earnings per share of $3.25 surpassed expectations, while net investment income declined 10% due to a portfolio transfer. flag The company cited disciplined execution, technology investments, and strong performance in its insurance and reinsurance segments.

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