The carrier generated $0.97 in operating earnings per share, well ahead of analysts’ $0.65 estimate, and representing a rebound from Q1 2020 when Covid-19 losses helped push the insurer to a loss per share of $1.94.
Axis returns to Q1 underwriting profit on strong insurance performance
![axis-new-with-benchimol-bermuda.jpg](https://assets.euromoneydigital.com/dims4/default/59c6f4a/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F7e%2Fde%2Feff22e3b815a86f11348e997acb4%2Faxis-new-with-benchimol-bermuda.jpg)