PEMBROKE, Bermuda (AP) _ Axis Capital Holdings Ltd. (AXS) on Tuesday reported third-quarter earnings of $38.4 million.
The Pembroke, Bermuda-based company said it had profit of 33 cents per share. Losses, adjusted for non-recurring gains, were 39 cents per share.
The insurance company posted revenue of $1.29 billion in the period. Its adjusted revenue was $1.27 billion.
Axis Capital shares have increased 20% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $61.99, a rise of 11% in the last 12 months.