Company: AXS-PE
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001214816-25-000181
Chunk: 6

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 6
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Net losses and loss expenses841,435 831,872 2,429,114 2,326,532 Acquisition costs285,618 274,935 826,094 794,280 General and administrative expenses171,637 165,203 491,878 477,016 Foreign exchange losses (gains)(13,492)92,204 138,428 61,268 Interest expense and financing costs16,657 16,849 49,816 51,005 Reorganization expenses— — — 26,312     Amortization of intangible assets2,396 2,729 7,521 8,188 Total expenses1,304,251 1,383,792 3,942,851 3,744,601 Income before income taxes and interest in income of equity method investments370,033 227,029 886,393 741,279 Income tax (expense) benefit(70,252)(47,922)(170,773)36,185 Interest in income of equity method investments2,083 1,621 3,669 10,689 Net income301,864 180,728 719,289 788,153 Preferred share dividends7,563 7,563 22,688 22,688 Net income available to common shareholders$294,301 $173,165 $696,601 $765,465 Per share dataEarnings per common share:Earnings per common share$3.79 $2.06 $8.81 $9.07 Earnings per diluted common share$3.74 $2.04 $8.70 $8.97 Weighted average common shares outstanding77,619 83,936 79,037 84,428 Weighted average diluted common shares outstanding78,601 85,000 80,090 85,338 

See accompanying notes to Consolidated Financial Statements.7

AXIS CAPITAL HOLDINGS LIMITED

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2025 AND 2024 

  Three months endedNine months ended 2025202420252024 (in thousands)Net income$301,864 $180,728 $719,289 $788,