Axis Capital posts $251M second-quarter profitBermuda-based Axis Capital Holdings Ltd. recorded a second-quarter net income of $251 million, up 16% year on year, The Royal Gazette reported. Gross written premiums in its insurance segment rose 15% to $2.2 billion, while reinsurance premiums fell 25% to $439 million due to non-renewals and reduced casualty line sizes.