Company: AXS-PE
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001214816-25-000056
Chunk: 14

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 14
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 138,542 Other investments135,975 158,348 156,719 Short-term investments58,151 227,318 116,752 Proceeds from redemption of fixed maturities, available for sale1,508,473 934,017 1,018,922 Proceeds from redemption of fixed maturities, held to maturity348,812 49,609 3,541 Proceeds from redemption of short-term investments69,010 76,545 20,124 Proceeds from the repayment of mortgage loans98,241 36,375 84,365 Proceeds from the purchase of other assets, net(17,396)(31,144)(36,829)Loan advances made(199,045)(349,842)(105,822)Net cash provided by (used in) investing activities280,452 (855,610)(761,620)Cash flows from financing activities:Repurchase of common shares - open market(199,944)— (34,987)Taxes paid on withholding shares(15,925)(23,596)(13,994)Dividends paid - common shares(151,765)(153,775)(149,341)Dividends paid - preferred shares(30,250)(30,250)(30,250)Federal Home Loan Bank advances, net(19,410)5,250 78,950 Net cash used in financing activities(417,294)(202,371)(149,622)Effect of exchange rate changes on foreign currency cash, cash equivalents and restricted cash(28,335)11,754 (29,833)Increase (decrease) in cash, cash equivalents and restricted cash1,679,636 209,332 (143,037)Cash, cash equivalents and restricted cash - beginning of year1,383,985 1,174,653 1,317,690 Cash, cash equivalents and restricted cash - end of year$3,063,621 $1,383,985 $1,174,653 (1)  In 2024, net investment losses in the consolidated statement of cash flows included net realized gains on overseas deposits of $6 million that are included in net investment gains (losses) in the consolidated statement of operations.

 See accompanying notes to Consolidated Financial Statements.120

AXIS CAPITAL HOLDINGS LIMITEDCONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED