AXIS CAPITAL HOLDINGS LIMITED

SUPPLEMENTARY INSURANCE INFORMATION




	At and year ended December 31, 2016
(in thousands)	Deferred Acquisition Costs		Reserve for Losses and Loss Expenses		Unearned Premiums		Net Premiums Earned		Net Investment Income⁽¹⁾		Losses And Loss Expenses		Amortization of Deferred Acquisition Costs		Other Operating Expenses⁽²⁾		Net Premiums Written
Insurance	$	128,880	$	5,345,655	$	1,574,164	$	1,777,321	$	—	$	1,141,933	$	251,120	$	346,857	$	1,807,125
Reinsurance	309,756		4,352,172		1,395,334		1,928,304		—		1,062,264		495,756		135,844		1,945,849
Corporate	—		—		—		—		353,335		—		—		120,016		—
Total	$	438,636	$	9,697,827	$	2,969,498	$	3,705,625	$	353,335	$	2,204,197	$	746,876	$	602,717	$	3,752,974

	At and year ended December 31, 2015
(in thousands)	Deferred Acquisition Costs		Reserve for Losses and Loss Expenses		Unearned Premiums		Net Premiums Earned		Net Investment Income⁽¹⁾		Losses And Loss Expenses		Amortization of Deferred Acquisition Costs		Other Operating Expenses⁽²⁾		Net Premiums Written
Insurance	$	119,186	$	5,291,218	$	1,494,068	$	1,798,191	$	—	$	1,154,928	$	261,208	$	341,658	$	1,759,359
Reinsurance	352,596		4,355,067		1,266,821		1,888,226		—		1,021,271		456,904		145,253		1,915,307
Corporate	—		—		—		—		305,336		—		—		109,910		—
Total	$	471,782	$	9,646,285	$	2,760,889	$	3,686,417	$	305,336	$	2,176,199	$	718,112	$	596,821	$	3,674,666

	At and year ended December 31, 2014
(in thousands)	Deferred Acquisition Costs		Reserve for Losses and Loss Expenses		Unearned Premiums		Net Premiums Earned		Net Investment Income⁽¹⁾		Losses And Loss Expenses		Amortization of Deferred Acquisition Costs		Other Operating Expenses⁽²⁾		Net Premiums Written
Insurance	$	135,111	$	5,063,147	$	1,506,925	$	1,830,544	$	—	$	1,131,880	$	278,804	$	341,214	$	1,779,501
Reinsurance	331,876		4,533,650		1,228,451		2,040,455		—		1,054,842		458,393		144,987		2,127,474
Corporate	—		—		—		—		342,766		—		—		135,675		—
Total	$	466,987	$	9,596,797	$	2,735,376	$	3,870,999	$	342,766	$	2,186,722	$	737,197	$	621,876	$	3,906,975


(1)	As we evaluate the underwriting results of each of our reportable segments separately from the results of our investment portfolio, we do not allocate net investment income to our reportable segments.

(2)

Amounts related to our reportable segments reflect underwriting-related general and administrative expenses, including those incurred directly by segment personnel and certain corporate overhead costs allocated based on estimated consumption, headcount and other variables deemed relevant. Other corporate overhead costs, which are are not incremental and/or directly attributable to our individual underwriting operations, are not allocated to our reportable segments and are presented separately as corporate expenses.