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AXIS Capital Reports Fourth Quarter Net Income Available to Common Shareholders of $286 Million, or $3.38 Per Diluted Common Share and Operating Income of $252 Million, or $2.97 Per Diluted Common Share

For the fourth quarter of 2024, the Company reports: Annualized return on average common equity ("ROACE") of 20.7% and annualized operating ROACE of 18.2% Combined ratio of 94.2% Gross premiums written