Company: AXS-PE
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001214816-25-000056
Chunk: 9

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 9
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Receivable for investments sold3,693 8,767 Goodwill 66,498 100,801 Intangible assets175,967 186,883 Operating lease right-of-use assets92,516 108,093 Loan advances made247,775 305,222 Other assets695,794 456,385 Total assets$32,520,293 $30,250,672 LiabilitiesReserve for losses and loss expenses$17,218,929 $16,434,018 Unearned premiums5,211,865 4,747,602 Insurance and reinsurance balances payable1,713,798 1,792,719 Debt1,315,179 1,313,714 Federal Home Loan Bank advances66,380 85,790 Payable for investments purchased269,728 26,093 Operating lease liabilities106,614 123,101 Other liabilities 528,421 464,439 Total liabilities26,430,914 24,987,476 Commitments and ContingenciesShareholders' equityPreferred shares550,000 550,000 Common shares (shares issued 2024: 176,580; 2023: 176,580shares outstanding 2024: 82,984; 2023: 85,286)2,206 2,206 Additional paid-in capital2,394,063 2,383,030 Accumulated other comprehensive income (loss)(267,557)(365,836)Retained earnings7,341,569 6,440,528 Treasury shares, at cost (2024: 93,596; 2023: 91,294)(3,930,902)(3,746,732)Total shareholders’ equity6,089,379 5,263,196 Total liabilities and shareholders’ equity$32,520,293 $30,250,672 

 See accompanying notes to Consolidated Financial Statements.116

AXIS CAPITAL HOLDINGS LIMITED

CONSOLIDATED STATEMENTS OF OPERATIONS

FOR THE YEARS ENDED DECEMBER 31, 2024, 2023, AND 2022 202420232022 (in thousands, except for per share amounts)RevenuesNet premiums earned$5,306,235 $5,083,781 $5,160,326 Net investment income759,229 611,742