Company: AXS-PE
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001214816-25-000149
Chunk: 7

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 7
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$211,964 $417,427 $607,425 Other comprehensive income (loss), net of tax:Available for sale investments:Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has not been recognized104,546 (35,586)192,076 (95,602)Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has been recognized575 (102)242 (563)Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income9,522 54,372 37,662 77,787 Unrealized gains (losses) arising during the period, net of reclassification adjustment114,643 18,684 229,980 (18,378)Foreign currency translation adjustment16,023 (1,803)15,867 (10,754)Total other comprehensive income (loss), net of tax130,666 16,881 245,847 (29,132)Comprehensive income$354,024 $228,845 $663,274 $578,293 

See accompanying notes to Consolidated Financial Statements.8

AXIS CAPITAL HOLDINGS LIMITED

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (UNAUDITED)

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

Three months endedSix months ended2025202420252024 (in thousands)Preferred shares Balance at beginning and end of period$550,000 $550,000 $550,000 $550,000 Common shares (par value)Balance at beginning and end of period2,206 2,206 2,206 2,206 Additional paid-in capitalBalance at beginning of period2,374,804 2,368,144 2,394,063 2,383,030 Treasury shares reissued(1,406)(1,504)(30,464)(27,816)Share-based compensation expense11,261 9,604 21,060 21,030 Balance at end of period2,384,659 2,376,244 2,384,659 2,376,244 Accumulated other comprehensive income (loss)Balance at beginning of period(152,376)(411,849)(