Company: AXS-PE
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001214816-25-000149
Chunk: 5

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 5
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 66,380 Payable for investments purchased79,677 269,728 Operating lease liabilities106,544 106,614 Other liabilities441,965 528,421 Total liabilities27,976,638 26,430,914 Shareholders’ equityPreferred shares 550,000 550,000 Common shares (shares issued 2025: 176,580; 2024: 176,580    shares outstanding 2025: 78,173; 2024: 82,984)2,206 2,206 Additional paid-in capital2,384,659 2,394,063 Accumulated other comprehensive income (loss)(21,710)(267,557)Retained earnings7,673,246 7,341,569 Treasury shares, at cost (2025: 98,407; 2024: 93,596)(4,414,003)(3,930,902)Total shareholders’ equity 6,174,398 6,089,379 Total liabilities and shareholders’ equity$34,151,036 $32,520,293 

See accompanying notes to Consolidated Financial Statements.6

AXIS CAPITAL HOLDINGS LIMITED 

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025 AND 2024

 Three months endedSix months ended2025202420252024 (in thousands, except per share amounts)RevenuesNet premiums earned$1,393,431 $1,304,478 $2,734,251 $2,562,519 Net investment income187,297 190,975 395,009 358,358 Other insurance related income8,662 8,526 12,240 16,867 Net investment gains (losses):Increase in allowance for expected credit losses(2,332)(12,963)(5,062)(8,300)Impairment losses(400)(156)(2,326)(164)Other realized and unrealized investment gains (losses)46,200 (40,360)20,850 (54,223)Total net investment gains (losses)43,468 (53,479)13,462 (62,687)Total revenues1,632,858 1,450,500 3,154,962 2,