Net investment income increased 17% year over year to nearly $128 million, primarily due to positive returns from other investments in 2021. Gross premiums written increased 16% year over year to about $1.6 billion, largely driven by a 19% increase in the Insurance segment and a 1% increase in the Reinsurance segment. The top line also rose 15% year over year on higher net premiums earned and net investment income. Total operating revenues of $1.4 billion outpaced the Zacks Consensus Estimate by 11.2%. Total operating revenues of $5.18 billion beat the consensus mark of 5.12 billion and also increased 10.1% year over year.
Moreover, the bottom line improved from the year-ago quarter’s operating loss of $2.08 per share. In 2021, AXIS Capital delivered an operating income of $5.12 per share, beating the Zacks Consensus Estimate of $4.34 per share. Axis Capital Holdings Limited Price, Consensus and EPS SurpriseĪxis Capital Holdings Limited price-consensus-eps-surprise-chart | Axis Capital Holdings Limited Quote Full-Year Highlights
