Company: AXS-PE
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001214816-25-000149
Chunk: 6

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 6
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875,057 ExpensesNet losses and loss expenses801,754 765,988 1,587,679 1,494,659 Acquisition costs275,897 265,091 540,477 519,345 General and administrative expenses161,078 148,441 320,241 311,813 Foreign exchange losses (gains)94,885 (7,384)151,920 (30,936)Interest expense and financing costs16,586 17,010 33,158 34,157 Reorganization expenses— 14,014 — 26,312     Amortization of intangible assets2,396 2,729 5,125 5,458 Total expenses1,352,596 1,205,889 2,638,600 2,360,808 Income before income taxes and interest in income (loss) of equity method investments280,262 244,611 516,362 514,249 Income tax (expense) benefit(56,199)(40,547)(100,521)84,107 Interest in income (loss) of equity method investments(705)7,900 1,586 9,069 Net income223,358 211,964 417,427 607,425 Preferred share dividends7,563 7,563 15,125 15,125 Net income available to common shareholders$215,795 $204,401 $402,302 $592,300 Per share dataEarnings per common share:Earnings per common share$2.75 $2.42 $5.04 $6.99 Earnings per diluted common share$2.72 $2.40 $4.98 $6.93 Weighted average common shares outstanding78,378 84,475 79,757 84,677 Weighted average diluted common shares outstanding79,329 85,326 80,845 85,509 

See accompanying notes to Consolidated Financial Statements.7

AXIS CAPITAL HOLDINGS LIMITED

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

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

  Three months endedSix months ended 2025202420252024 (in thousands)Net income$223,358