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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Assets    
Fixed maturities, available for sale, at fair value (Amortized cost 2015: $12,093,366; 2014: $12,185,973) $ 12,005,736 $ 12,129,273
Equity securities, available for sale, at fair value (Cost 2015: $618,869; 2014: $531,648) 659,181 567,707
Mortgage loans, held for investment, at amortized cost and fair value 79,606 0
Other investments, at fair value 853,101 965,465
Short-term investments, at amortized cost and fair value 30,618 107,534
Total investments 13,628,242 13,769,979
Cash and cash equivalents 989,395 921,830
Restricted cash and cash equivalents 190,664 287,865
Accrued interest receivable 78,409 83,070
Insurance and reinsurance premium balances receivable 2,394,037 1,808,620
Reinsurance recoverable on unpaid and paid losses 2,063,087 1,926,145
Deferred acquisition costs 594,863 466,987
Prepaid reinsurance premiums 387,639 351,441
Receivable for investments sold 1,304 169
Goodwill and intangible assets 101,053 88,960
Other assets 276,182 250,670
Total assets 20,704,875 19,955,736
Liabilities    
Reserve for losses and loss expenses 9,693,440 9,596,797
Unearned premiums 3,324,578 2,735,376
Insurance and reinsurance balances payable 296,794 249,186
Senior notes 991,302 990,790
Payable for investments purchased 213,142 188,176
Other liabilities 237,061 315,471
Total liabilities 14,756,317 14,075,796
Shareholders’ equity    
Preferred shares 627,843 627,843
Common shares (2015: 176,206; 2014: 175,478 shares issued and 2015: 100,284; 2014: 99,426 shares outstanding) 2,201 2,191
Additional paid-in capital 2,285,772 2,285,016
Accumulated other comprehensive loss (78,067) (45,574)
Retained earnings 5,875,147 5,715,504
Treasury shares, at cost (2015: 75,922; 2014: 76,052 shares) (2,764,338) (2,763,859)
Total shareholders’ equity attributable to AXIS Capital 5,948,558 5,821,121
Noncontrolling interests 0 58,819
Total shareholders’ equity 5,948,558 5,879,940
Total liabilities and shareholders’ equity $ 20,704,875 $ 19,955,736