AXIS First-Quarter Net Up 38 Percent

NU Online News Service, May 1, 11:33 a.m. EDT?AXIS Capital Holdings Limited reported that its first-quarter net profit increased by 38 percent to $107.1 million, helped by a stronger underwriting performance and new business segments in U.S. markets.

In the corresponding period last year, the insurer posted $31.7 million net income.

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