Company: AXS-PE
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001214816-25-000115
Chunk: 10

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 10
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%13.0 %Combined ratio86.7 %92.3 %90.2 %86.6 %95.8 %91.1 %Goodwill and intangible assets$239,736$—$239,736$284,956$—$284,956

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Table of  ContentsAXIS CAPITAL HOLDINGS LIMITEDNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)3.    INVESTMENTS

 a)      Fixed Maturities, Available for SaleThe following table provides the amortized cost and fair values of the Company's fixed maturities classified as available for sale:AmortizedcostAllowance for expected credit lossesGrossunrealizedgainsGrossunrealizedlossesFairvalueAt March 31, 2025Available for saleU.S. government and agency$2,550,984 $— $14,930 $(12,071)$2,553,843 Non-U.S. government719,115 (59)8,044 (12,575)714,525 Corporate debt4,690,383 (3,875)38,761 (97,659)4,627,610 Agency RMBS(1)1,591,388 — 8,903 (42,737)1,557,554 CMBS(2)879,004 — 3,347 (26,243)856,108 Non-agency RMBS195,220 (196)731 (6,016)189,739 ABS(3)1,296,928 (53)5,120 (8,121)1,293,874 Municipals(4)74,308 — 261 (2,342)72,227 Total fixed maturities, available for sale$11,997,330 $(4,183)$80,097 $(207,764)$11,865,480 At December 31, 2024    Available for saleU.S. government and agency$2,830,111 $— $6,011 $(33,136)$2,802,986 Non-U.S. government753,315 — 2,584 (25,960)729,939 Corporate debt4,941,510 (3,690)30,594 (126