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Axis Capital Holders AXS Insurance — Acquisition costs

Other segment segments

Reinsurance
$80.49M+14.1%

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Other financials

Income statement

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Revenue$1.6B+8.0%
Net income$254.8M+31.3%
EPS (diluted)$3.29+45.6%

Balance sheet

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Cash & equivalents$862.4M-68.7%
Total debt$110.2M+2.7%
Total equity$6.4B+8.1%
Total assets$35.6B+7.1%

Cash flow

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Operating cash flow$519.4M+68.0%
CapEx$14.4M+97.9%
Free cash flow$505.0M+67.3%

Valuation

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Market cap$7.45B-7.4%
Enterprise value$6.69B+23.9%
P/E-2.2×
P/S1.1×-0.2×

Profitability

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Net margin16%+1.5pp
FCF margin-6.9%-32.6pp

Returns & leverage

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Return on equity17.4%+2.0pp
Debt / equity0.0×

Where this comes from

Reported directly by Axis Capital Holders in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.

The official record: Axis Capital Holders’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Axis Capital Holders's insurance — acquisition costs?
Axis Capital Holders (AXS) reported insurance — acquisition costs of $223.77M in Q1 2026.
How has Axis Capital Holders's insurance — acquisition costs changed year-over-year?
Axis Capital Holders's insurance — acquisition costs increased by 15.3% year-over-year, from $194.02M to $223.77M.
What is the long-term trend for Axis Capital Holders's insurance — acquisition costs?
Over 4 years (2021 to 2025), Axis Capital Holders's insurance — acquisition costs has grown at a 14.1% compound annual growth rate (CAGR), from $484.34M to $820.33M.
What does insurance — acquisition costs mean?
The total costs incurred to acquire, write, and renew insurance policies, including commissions, brokerage fees, and premium taxes. Monitoring this helps evaluate the efficiency of the segment's distribution and sales strategy.