Results round-up: Markel, AXIS Capital, Everest, Arch report Q1 figures



Results round-up: Markel, AXIS Capital, Everest, Arch report Q1 figures

Results season continues with Arch Capital Group, Markel Corporation, AXIS Capital Holdings, and Everest Re Group publishing their respective monetary outcomes for the primary quarter of 2022.

Arch

The Pembroke-headquartered insurance coverage group reported a lower in web earnings out there to Arch frequent shareholders – from $427.8 million in Q1 2021 to $185.6 million this time round. After-tax working earnings out there to frequent shareholders, in the meantime, grew to $422 million from $239.8 million beforehand.

AXIS Capital

For the quarter ended March 31, fellow Bermuda supplier AXIS Capital posted a better web earnings out there to frequent shareholders. The determine improved from final yr’s $116 million to $142 million within the newest set of outcomes. Likewise, working earnings went up from $83 million to $180 million.

Everest

Bermuda-based Everest noticed a decline in web earnings within the first quarter, from $341.9 million in 2021 to this yr’s $297.8 million. Net working earnings, nevertheless, rose from $260.2 million within the earlier yr to $405.8 million in Q1 2022.

Markel

US insurer Markel took a beating within the three-month span, struggling a complete loss to shareholders to the tune of $529 million. In the identical interval in 2021, Markel posted a complete earnings to shareholders value $359 million.


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