Company: AXS-PE
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001214816-25-000056
Chunk: 89

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 89
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 Card Industry Data Security Standard and media liability. Typically, this line of business takes longer to develop but specific first party coverages tend to develop more quickly than third party coverages.Insurance cyberIncurred claims and allocated claim adjustment expenses, net of reinsuranceAt December 31, 2024For the years ended December 31,Total of incurred-but-not-reported liabilities plus expected development on reported claimsCumulative number of reported claimsAccident year2015 unaudited2016 unaudited2017 unaudited2018 unaudited2019 unaudited2020 unaudited2021 unaudited2022 unaudited2023 unaudited20242015$65,231 $63,595 $63,066 $51,250 $50,357 $50,758 $52,526 $49,795 $48,042 $48,036 $2,226 1,428201658,741 56,565 58,261 40,266 37,322 29,929 27,873 25,258 25,254 1,079 1,671201753,187 50,794 56,783 51,931 50,910 48,696 48,343 46,036 (4)1,817201833,429 31,966 33,962 30,558 26,168 23,902 29,447 1,845 2,156201954,237 56,994 80,098 80,157 71,246 63,767 3,608 2,9042020113,305 104,869 101,604 124,751 133,525 24,605 2,8802021124,709 133,593 104,732 105,722 21,145 2,4502022128,483 119,436 119,484 61,903 1,7662023126,838 126,343 57,395 2,3362024158,180 138,542 1,325Total$855,794 

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