Operating Income (Loss)Although the investment of premiums to generate income and realized investment gains (or losses) is an integral part of our operations, the determination to realize investment gains (or losses) is independent of the underwriting process and is heavily influenced by the availability of market opportunities. Furthermore, many users believe that the timing of the realization of investment gains (or losses) is somewhat opportunistic for many companies.
AXIS Capital Reports 2012 Operating Income Of $422 Million, Or $3.41 Per Diluted Common Share
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