Company: AXS-PE
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001214816-25-000181
Chunk: 10

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 10
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 redemption of fixed maturities, held to maturity148,338 283,391 Proceeds from redemption of short-term investments133,978 53,311 Proceeds from the repayment of mortgage loans96,970 68,634 Proceeds from the purchase of other assets(35,537)(13,946)Loan advances made(120,723)(176,466)Net cash used in investing activities(288,187)(1,110,530)Cash flows from financing activities:Repurchase of common shares(599,959)(139,886)Taxes paid on withholding shares(25,674)(14,943)Dividends paid - common shares(108,762)(114,630)Dividends paid - preferred shares(22,688)(22,688)Federal Home Loan Bank advances, net— (10,210)Net cash used in financing activities(757,083)(302,357)Effect of exchange rate changes on foreign currency cash, cash equivalents and restricted cash11,025 10,962 Increase (decrease) in cash, cash equivalents and restricted cash(1,705,543)87,341 Cash, cash equivalents and restricted cash - beginning of period3,063,621 1,383,985 Cash, cash equivalents and restricted cash - end of period$1,358,078 $1,471,326 

(1)  In 2025, net investment (gains) losses in the consolidated statement of cash flows excluded net realized gains on overseas deposits of $3 million that are included in net investment (gains) losses in the consolidated statement of operations.

See accompanying notes to Consolidated Financial Statements.10

AXIS CAPITAL HOLDINGS LIMITED

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (CONTINUED)

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025 AND 2024 

Nine months ended20252024(in thousands)Supplemental disclosures of cash flow information:Income taxes paid$105,135 $47,402 Interest paid$48,436 $49,886 

Supplemental disclosures of cash flow information:

2025

In 2025, $188 million related to loan advances to Monarch Point Re (ISA 2023, ISA 2024 and ISA 2025) Ltd. ("Monarch Point Re") was repaid and was treated as a non-cash activity