"Looking beyond the financial impact of Storm Sandy, we made significant progress across many facets of our Company. We grew meaningfully in lines and markets that experienced some of the strongest price corrections in a steadily improving insurance market. Additionally, we advanced a number of important business initiatives including renewable energy and global accident and health, while at the same time continuing to lay the groundwork for further profitable growth. We have added more balance to our overall portfolio, and expect that our pursuit of new opportunities in 2013 - including our new agriculture and marine reinsurance initiatives and re-entry into select casualty markets - will lead to a larger and more diversified portfolio of risks. We are entering 2013 on a positive note, based on our expectations for continued pricing improvement, our positioning for diversified growth and our excellent financial strength."Segment Highlights
AXIS Capital Reports 2012 Operating Income Of $422 Million, Or $3.41 Per Diluted Common Share
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