Company: AXS-PE
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001214816-25-000181
Chunk: 7

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 7
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153 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 recognized39,079 310,512 231,712 214,955 Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has been recognized269 727 (45)120 Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income(4,023)4,421 33,638 82,207 Unrealized gains (losses) arising during the period, net of reclassification adjustment35,325 315,660 265,305 297,282 Foreign currency translation adjustment(3,446)2,570 12,421 (8,184)Total other comprehensive income, net of tax31,879 318,230 277,726 289,098 Comprehensive income$333,743 $498,958 $997,015 $1,077,251 

See accompanying notes to Consolidated Financial Statements.8

AXIS CAPITAL HOLDINGS LIMITED

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (UNAUDITED)

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2025 AND 2024 

Three months endedNine 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 period2,384,659 2,376,244 2,394,063 2,383,030 Treasury shares reissued(91)(538)(30,556)(28,354)Share-based compensation expense11,047 10,199 32,108 31,229 Balance at end of period2,395,615 2,385,905 2,395,615 2,385,905 Accumulated other comprehensive income (loss)Balance at beginning of period(21,710)(394,968)(267,557)(365,836)Unrealized gains (losses) on available for