Company: AXS-PE
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001214816-25-000181
Chunk: 78

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 78
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 health, and motor lines reflected the decrease in gross premiums written in the nine months ended September 30, 2025, compared to the nine months ended September 30, 2024. The decrease in motor lines was also driven by the restructuring of two quota share retrocession treaties with strategic capital partners.

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Net Premiums Earned

Net premiums earned by line of business were as follows:

  Three months ended September 30,Nine months ended September 30,  2025  2024  % Change2025  2024  % ChangeLiability$81,399 22 %$72,796 21 %12%$236,222 22 %$237,946 23 %(1%)Professional lines50,040 14 %43,686 13 %15%145,045 14 %123,308 12 %18%Motor36,720 10 %28,628 8 %28%98,253 9 %91,749 9 %7%Accident and health73,497 20 %77,460 23 %(5%)223,593 21 %240,288 23 %(7%)Credit and surety64,502 18 %56,459 16 %14%203,522 19 %173,558 17 %17%Agriculture44,490 12 %40,134 12 %11%98,435 9 %91,101 9 %8%Marine and aviation14,335 4 %16,461 5 %(13%)42,604 4 %48,783 5 %(13%)Total364,983 100 %335,624 98 %9%1,047,674 98 %1,006,733 98 %4%Run-off linesCatastrophe(290)(1)%2,167 — %nm689 1 %9,595 — %(93%)Property651 — %1,981 1 %(67%)3,116 — %6,612 1 %(53%)Engineering927 1 %3,078 1 %(70%)5,996 1 %6,270 1 %(4%)Total run-off lines1,288 — %7,