Company: AXS-PE
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001214816-25-000056
Chunk: 104

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 104
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 business is written on a proportional and excess of loss basis. Typically, this line of business is anticipated to exhibit longer claim reporting and payment patterns than most other reinsurance lines of business.

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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 linesIncurred 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 claimsAccident year2015 unaudited2016 unaudited2017 unaudited2018 unaudited2019 unaudited2020 unaudited2021 unaudited2022 unaudited2023 unaudited20242015$211,361 $211,024 $213,232 $223,865 $230,444 $227,420 $233,925 $239,843 $250,896 $250,292 $15,211 2016194,564 195,543 198,934 226,305 253,676 253,578 265,439 277,105 276,527 18,210 2017154,215 154,560 160,679 176,245 185,849 208,425 237,237 237,500 27,326 2018144,599 146,713 153,514 164,134 172,179 193,077 190,588 (677)2019135,866 135,003 138,634 143,617 154,826 149,984 15,699 2020138,881 138,846 133,815 131,679 135,632 55,500 2021147,464 139,462 134,870 135,793 77,868 2022168,535 152,352 152,014 99,800 2023135,093 135,427 106,522 2024106,558 96,010 Total$1,770,315 Reinsurance professional linesCumulative paid claims and allocated claim adjustment expenses, net of reinsuranceFor the years ended December 31,Accident