SCHEDULE I - SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES

12 Months Ended

Dec. 31, 2018

AXIS CAPITAL HOLDINGS LIMITED

SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES



	At December 31, 2018
	Amortized cost		Fair value		Amount shown on the balance sheet
(in thousands)
Type of investment:
Fixed maturities
U.S. government and agency	$	1,520,142	$	1,515,697	$	1,515,697
Non-U.S. government	507,550		493,016		493,016
Corporate debt	4,990,279		4,876,921		4,876,921
Agency RMBS	1,666,684		1,643,308		1,643,308
CMBS	1,103,507		1,092,530		1,092,530
Non-Agency RMBS	40,732		40,687		40,687
ABS	1,651,350		1,637,603		1,637,603
Municipals	136,068		135,585		135,585
Total fixed maturities	$	11,616,312	11,435,347		11,435,347
Mortgage loans, at amortized cost and fair value			298,650		298,650
Short-term investments, at amortized cost and fair value			144,040		144,040
Equity securities			381,633		381,633
Other investments ⁽¹⁾			445,792		787,787
Equity method investments ⁽²⁾			—		108,103
Total investments			$	12,705,462	$	13,155,560


(1)	Other investments exclude investments where the Company is considered to have the ability to exercise significant influence over the operating and financial policies of the investees.


(2)	Equity method investments are excluded as the Company has the ability to exercise significant influence over the operating and financial policies of the investees.