AXIS Capital has reported $151.8m net income for the quarter ending 31 March 2005, compared with $166.8m a year earlier.

The company said the figure was equivalent to $0.95 per diluted share for the quarter ended March 31 2005, or $1.00 per diluted share a year earlier.

Net income for the first quarter of 2005 was reported as $152.7m, or $0.95 per diluted share, compared with $157.6m, or $0.94 per diluted share, for the quarter ended 31 March 2004.

Net income excluding foreign exchange losses, net of tax, for the first quarter of 2005 was reported as $175.7m, compared with $158.8m a year earlier.

The company said gross premiums written increased by 14.8% to $1.2bn while net premiums written increased by 18.1% to $1.1bn.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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