Company: AXS-PE
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001214816-25-000149
Chunk: 14

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 14
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 development ratio(1.5 %)(1.4 %)(1.5 %)— %— %— %Net losses and loss expenses ratio54.4 %66.6 %57.5 %56.6 %64.5 %58.7 %Acquisition cost ratio18.9 %22.5 %19.8 %19.6 %22.3 %20.3 %General and administrative expense ratio12.0 %2.9 %11.6 %11.7 %2.5 %11.4 %Combined ratio85.3 %92.0 %88.9 %87.9 %89.3 %90.4 %Goodwill and intangible assets$237,340$—$237,340$282,227$—$282,227

14

Table of ContentsAXIS CAPITAL HOLDINGS LIMITEDNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)2.    SEGMENT INFORMATION (CONTINUED)

20252024Six months ended and at June 30,InsuranceReinsuranceTotalInsuranceReinsuranceTotalGross premiums written$3,588,337$1,722,285$5,310,622$3,388,571$1,706,092$5,094,663Net premiums written2,335,0901,050,3833,385,4732,216,5511,079,2663,295,817Net premiums earned2,043,047691,2042,734,2511,876,159686,3602,562,519Other insurance related income (loss)16212,07812,240(39)16,90616,867Current accident year net losses and loss expenses(1,153,052)(472,793)(1,625,845)(1,039,455)(455,204)(1,494,659)Net favorable prior year reserve development29,1948,97238,166———Acquisition costs(388,933)(151,544)(540,477)(364,055)(155,290)(519,345)Underwriting-related general and administrative expenses(244,238)(21,441)(265,679)(233,981)(24,580)(258,561)Underwriting income$286,180$66,476352,656$238,