FinEdge Labs
A

AXS

AXSVerified
2 segments tracked|6 years of data|Annual (10-K)
Total Revenue
$5.3B4.4%
FY2024
Operating Segments
2
Active segments
Blended Margin
10.8%
Operating margin
Highest Margin
10.9%
Insurance
Segment Shift

Insurance has grown from 47.7% to 74.0% of total revenue since FY2019, with 10.9% operating margins.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2024

SegmentRevenueOp. IncomeMargin% of TotalYoY
Insurance$3.9B$428M10.9%74.0%+13.4%
Reinsurance$1.4B$144M10.4%26.0%-14.9%

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