Company: AXS-PE
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001214816-25-000056
Chunk: 103

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 103
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 LOSS EXPENSES (CONTINUED)

Reinsurance marine and aviationCumulative paid claims and allocated claim adjustment expenses, net of reinsuranceFor the years ended December 31,Accident Year2015 unaudited2016 unaudited2017 unaudited2018 unaudited2019 unaudited2020 unaudited2021 unaudited2022 unaudited2023 unaudited20242015$416 $2,646 $6,417 $8,620 $10,177 $10,972 $10,798 $10,879 $11,012 $11,274 20162,626 18,704 25,747 29,664 32,375 33,422 34,013 34,223 34,605 20172,674 23,370 28,664 33,578 36,600 36,708 37,610 39,064 20181,776 10,815 24,223 30,639 34,252 37,601 39,599 201910,672 27,031 34,246 52,675 67,673 72,288 20203,983 16,455 23,525 29,316 32,332 20215,407 12,160 20,118 27,671 20227,732 18,402 24,732 20231,472 6,902 20242,045 Total290,512 All outstanding liabilities before 2015, net of reinsurance3,706 Liabilities for claims and claim adjustment expenses, net of reinsurance$149,344 Reinsurance marine and aviationAverage annual percentage payout of incurred claims by age, net of reinsurance (unaudited)Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 108.2%26.4%19.1%15.8%10.1%4.4%1.6%1.6%1.1%2.2%Reinsurance Professional LinesThe professional lines line of business provides protection for directors' and officers' liability, employment practices liability, medical malpractice, professional indemnity, cyber, and miscellaneous errors and omissions insurance risks. The underlying business is predominantly written on a claims-made basis. This