Company: AXS-PE
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001214816-25-000181
Chunk: 5

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 5
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 for investments purchased194,988 269,728 Operating lease liabilities108,960 106,614 Other liabilities436,471 528,421 Total liabilities27,969,316 26,430,914 Shareholders’ equityPreferred shares 550,000 550,000 Common shares (shares issued 2025: 176,580; 2024: 176,580    shares outstanding 2025: 77,035; 2024: 82,984)2,206 2,206 Additional paid-in capital2,395,615 2,394,063 Accumulated other comprehensive income (loss)10,169 (267,557)Retained earnings7,932,969 7,341,569 Treasury shares, at cost (2025: 99,545; 2024: 93,596)(4,523,950)(3,930,902)Total shareholders’ equity 6,367,009 6,089,379 Total liabilities and shareholders’ equity$34,336,325 $32,520,293 

See accompanying notes to Consolidated Financial Statements.6

AXIS CAPITAL HOLDINGS LIMITED 

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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

 Three months endedNine months ended2025202420252024 (in thousands, except per share amounts)RevenuesNet premiums earned$1,451,883 $1,366,701 $4,186,133 $3,929,221 Net investment income184,903 205,100 579,911 563,458 Other insurance related income6,593 6,838 18,835 23,704 Net investment gains (losses):Increase in allowance for expected credit losses(5,475)(1,134)(10,538)(9,433)Impairment losses(63)(14)(2,389)(178)Other realized and unrealized investment gains (losses)36,443 33,330 57,292 (20,892)Total net investment gains (losses)30,905 32,182 44,365 (30,503)Total revenues1,674,284 1,610,821 4,829,244 4,485,880 Expenses