Company: AXS-PE
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001214816-25-000056
Chunk: 88

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 88
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2019 unaudited2020 unaudited2021 unaudited2022 unaudited2023 unaudited20242015$29,464 $68,918 $123,818 $128,652 $131,418 $134,176 $140,256 $140,443 $140,449 $140,441 201622,868 50,881 82,738 89,721 91,648 93,576 96,663 97,321 96,224 201734,748 104,908 137,887 169,479 178,013 181,766 193,220 198,539 201846,694 121,096 156,641 169,862 181,261 193,550 199,341 201953,526 101,596 143,642 168,768 176,353 189,630 202044,330 83,545 105,145 117,734 131,309 202126,424 68,306 106,333 144,284 202229,699 99,980 138,256 202336,159 91,653 202462,738 Total1,392,415 All outstanding liabilities before 2015, net of reinsurance13,787 Liabilities for claims and claim adjustment expenses, net of reinsurance$795,884 

179

AXIS CAPITAL HOLDINGS LIMITEDNOTES TO CONSOLIDATED FINANCIAL STATEMENTSDECEMBER 31, 2024, 2023 AND 20228.    RESERVE FOR LOSSES AND LOSS EXPENSES (CONTINUED)

Insurance marine and aviationAverage annual percentage payout of incurred claims by age, net of reinsurance (unaudited)Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 1018.5%25.8%20.5%9.4%4.0%3.3%3.9%1.1%(0.6%)—%Insurance Cyber The cyber line of business provides cover for cyber, technology errors and omissions, media and miscellaneous professional liability. Cover is provided for a range of risks including data recovery and bricking, cyber-crime, liability and regulatory actions, business interruption, extortion, reputational harm, Payment