Company: AXS-PE
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001214816-25-000056
Chunk: 64

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 64
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 discounted cash flow model, the Company maintains an understanding of current market conditions, historical results, as well as investee specific information that may impact future cash flows.

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AXIS CAPITAL HOLDINGS LIMITEDNOTES TO CONSOLIDATED FINANCIAL STATEMENTSDECEMBER 31, 2024, 2023 AND 20226.    FAIR VALUE MEASUREMENTS (CONTINUED)

The following table presents changes in Level 3 for financial instruments measured at fair value on a recurring basis:OpeningbalanceTransfersintoLevel 3Transfersout ofLevel 3Included in net income(1)Includedin OCI (2)PurchasesSalesSettlements/distributionsClosingbalanceChange inunrealizedgains/(losses) (3)Year ended December 31, 2024Fixed maturities, available for sale         Corporate debt$135,753 $— $(20,832)$(1,347)$2,051 $35,744 $(165)$(24,813)$126,391 $— ABS— 20,832 — — — — — — 20,832 —  135,753 20,832 (20,832)(1,347)2,051 35,744 (165)(24,813)147,223 — Other investmentsCLO-Equities5,300 — — 849 — — — (6,149)— — Other privately held investments87,289 — (6,899)4,024 — 12,238 — (4,422)92,230 4,024  92,589 — (6,899)4,873 — 12,238 — (10,571)92,230 4,024 Total assets$228,342 $20,832 $(27,731)$3,526 $2,051 $47,982 $(165)$(35,384)$239,453 $4,024 Year ended December 31, 2023Fixed maturities, available for sale         Corporate debt$119,104 $— $— $(8,527)$2,438 $38,173 $(770)$(14,665)$135,753 $— ABS— — — —