Company: AXS-PE
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001214816-25-000149
Chunk: 126

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 2
Chunk 126
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 marine and aviation lines was attributable to reinstatement premiums associated with losses and loss expenses for the six months ended June 30, 2024.

Net Premiums Earned 

Net premiums earned by line of business were as follows:

  Three months ended June 30,Six months ended June 30,  20252024%Change20252024%ChangeProperty$332,581 32 %$274,069 28 %21%$650,915 32 %$527,662 28 %23%Professional lines211,837 21 %199,894 21 %6%414,479 20 %396,474 21 %5%Liability128,055 12 %120,138 13 %7%246,207 12 %244,778 13 %1%Cyber79,165 8 %86,289 9 %(8%)158,372 8 %169,148 9 %(6%)Marine and aviation154,643 15 %160,084 17 %(3%)309,589 15 %299,374 16 %3%Accident and health80,360 8 %87,700 9 %(8%)169,503 8 %171,957 9 %(1%)Credit and political risk46,320 4 %30,038 3 %54%93,982 5 %66,766 4 %41%Total$1,032,961 100 %$958,212 100 %8%$2,043,047 100 %$1,876,159 100 %9%

Net premiums earned for the three months ended June 30, 2025 increased by $75 million, or 8%, compared to the three months ended June 30, 2024. 

The increase was primarily driven by increases in gross premiums earned in property, accident and health, credit and political risk, professional lines and liability lines, together with decreases in ceded premiums earned in cyber and property lines. These amounts were partially offset by an increase in ceded premiums earned in accident and health lines and a decrease in gross premiums earned in cyber lines.

Net premiums earned for the six months ended June 30, 2025 increased by $167 million, or 9%, compared to the six months ended June 30,