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Claims Ratio % is the percentage of claims costs incurred in relation to the premiums earned.
Axis Capital Holdings's Claims Ratio % for the quarter that ended in Jun. 2026 was 61.40%
, which is higher than
58.60% for the pervious quarter ended in Mar. 2026.
Axis Capital Holdings's Claims Ratio % for the annual that ended in Dec. 2025 was 57.50%
, which is lower than
59.50% for the pervious year ended in Dec. 2024.
The historical rank and industry rank for Axis Capital Holdings's Claims Ratio % or its related term are showing as below:
AXS's Claims Ratio % is not ranked *
in the Insurance industry.
Industry Median: * Ranked among companies with meaningful Claims Ratio % only.
Axis Capital Holdings (NYSE:AXS) Claims Ratio % Explanation
Claims Ratio % the percentage of claims costs incurred in relation to the premiums earned during the period. It is the equivalent of gross profit margin for an insurance company.
It's important to note that insurance is the business of managing risks and, to do that well, the insurer needs a thorough understanding of the incurred claims ratio. If the value is higher than expected or above established norms, then further investigation is required to figure out why that is (eg: fraud). If it is lower than expected, it could indicate irrelevant products or difficulties in claiming, possibly affecting customer satisfaction.
Axis Capital Holdings Claims Ratio % Related Terms
Axis Capital Holdings Claims Ratio % Historical Data
* Premium members only.
The historical data trend for Axis Capital Holdings's Claims Ratio % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Insurance - Specialty subindustry, Axis Capital Holdings's Claims Ratio %, along with its competitors' market caps and Claims Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Axis Capital Holdings (NYSE:AXS) Claims Ratio % Calculation
Claims Ratio % is calculated as
Claims Ratio %
=
Total Claims
/
Total Premiums Earned
*
100%
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Frequently Asked Questions
What does a Claims Ratio % of 61.40% mean?
Axis Capital Holdings (AXS) has a Claims Ratio % of 61.40% as of Jun. 2026. Claims Ratio is the percentage of claims costs incurred in relation to the premiums earned. View historical data on Axis Capital Holdings and its competitors.
Is Axis Capital Holdings' Claims Ratio % too high?
Axis Capital Holdings' current Claims Ratio % is 61.40%. Overall, Axis Capital Holdings has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axis Capital Holdings' Claims Ratio % compare to FAF and ACT?
Axis Capital Holdings' Claims Ratio % of 61.40% can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Claims Ratio % for an Insurance company?
A good Claims Ratio % depends on the Insurance industry context. However, Claims Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Claims Ratio % mean?
A high Claims Ratio % can signal that a stock is expensive relative to its fundamentals. Claims Ratio is the percentage of claims costs incurred in relation to the premiums earned. View historical data on Axis Capital Holdings and its competitors. Axis Capital Holdings's current Claims Ratio % is 61.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axis Capital Holdings stock overvalued right now?
Based on GuruFocus' analysis, Axis Capital Holdings (AXS) is currently considered Fairly Valued. The stock's GF Value™ is $110.88, compared to a current price of $104.20 — trading 6% below its estimated fair value. The current Claims Ratio % is 61.40%. Axis Capital Holdings' overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Claims Ratio % calculated?
Claims Ratio % is calculated from a company's financial statements. For Axis Capital Holdings (AXS), the current Claims Ratio % is 61.40% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Axis Capital Holdings (AXS) Overvalued in 2026?
Based on GuruFocus' analysis, Axis Capital Holdings stock appears to be undervalued.
The current stock price of $104.20 is trading 6% below its estimated GF Value™ of $110.88.
GuruFocus considers Axis Capital Holdings to be Fairly Valued.
Key valuation signals for AXS:
Claims Ratio %: 61.40%
GF Value™: $110.88 vs. price of $104.20 (6% below fair value)
No single metric tells the full story. See the AXS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axis Capital Holdings Ltd is a specialty underwriter and provider of insurance and reinsurance solutions with operations in Bermuda, the United States (U.S.), Europe, Singapore, and Canada. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks. The company's segment consists of Insurance and Reinsurance. The company generates the majority of its revenue from the Insurance segment. Geographically, the company generates the majority of its revenue from the United States, and also has its presence in Ireland, Lloyd's of London, and Bermuda.
85GF Score
Get the complete analysis for AXS
Claims Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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