Company: AXS-PE
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001214816-25-000056
Chunk: 105

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 105
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 year2015 unaudited2016 unaudited2017 unaudited2018 unaudited2019 unaudited2020 unaudited2021 unaudited2022 unaudited2023 unaudited20242015$3,134 $13,502 $41,440 $79,127 $111,504 $131,185 $151,960 $169,894 $183,371 $199,230 20161,752 20,397 52,347 94,682 124,288 152,878 180,296 201,985 222,284 20172,812 14,746 39,723 62,483 88,279 115,586 136,560 165,728 2018273 2,495 30,964 56,426 81,129 112,549 137,940 2019362 13,463 33,104 52,368 74,942 97,450 20203,820 13,773 26,460 40,009 57,776 20214,337 11,320 22,453 38,523 20223,233 11,684 28,924 20233,452 12,388 20242,962 Total963,205 All outstanding liabilities before 2015, net of reinsurance136,065 Liabilities for claims and claim adjustment expenses, net of reinsurance$943,175 

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AXIS CAPITAL HOLDINGS LIMITEDNOTES TO CONSOLIDATED FINANCIAL STATEMENTSDECEMBER 31, 2024, 2023 AND 20228.    RESERVE FOR LOSSES AND LOSS EXPENSES (CONTINUED)

Reinsurance professional linesAverage annual percentage payout of incurred claims by age, net of reinsurance (unaudited)Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 101.7%5.6%11.3%12.6%12.6%12.2%10.1%9.1%6.4%6.3%Reinsurance Credit and SuretyThe credit and surety line of business which provides protection for trade credit insurance and credit and political risk insurance. Trade credit insurance protects sellers of goods and services in the event