Company: AXS-PE
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001214816-25-000115
Chunk: 32

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 32
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)$(495)$4,231 $— $(12,180)$126,475 $— ABS— — — — — — — — — — 135,753 — — (834)(495)4,231 — (12,180)126,475 — Other investmentsCLO-Equities5,300 — — — — — — (314)4,986 — Other privately held investments87,289 — — 1,728 — 7,238 — — 96,255 1,728 92,589 — — 1,728 — 7,238 — (314)101,241 1,728 Total assets$228,342 $— $— $894 $(495)$11,469 $— $(12,494)$227,716 $1,728 (1)  Realized gains (losses) on fixed maturities and realized and unrealized gains (losses) on other assets and other liabilities included in net income are included in net investment gains (losses). Realized and unrealized gains (losses) on other investments included in net income are included in net investment income.(2)  Unrealized gains (losses) on fixed maturities are included in other comprehensive income ("OCI").(3)  Change in unrealized gains (losses) relating to assets and liabilities held at the reporting date.Transfers into Level 3 from Level 2There were no transfers into Level 3 from Level 2 during the three months ended March 31, 2025 and 2024. Transfers out of Level 3 into Level 2There were no transfers out of Level 3 into Level 2 during the three months ended March 31, 2025 and 2024. 

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Table of  ContentsAXIS CAPITAL HOLDINGS LIMITEDNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)4.    FAIR VALUE MEASUREMENTS (CONTINUED)

Measuring the Fair Value of Other Investments Using Net Asset ValuationsThe fair values of multi-strategy funds, direct lending funds, private equity funds, real estate funds and private company investment funds are estimated using NAVs as advised by external fund managers or third-party administrators. For these funds, NAV