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

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]

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

AXIS CAPITAL HOLDINGS LIMITED

SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES

 

	At December 31, 2021
	Amortized cost		Fair value		Amount shown on the balance sheet
(in thousands)
Type of investment:
Fixed maturities, available for sale, at fair value
U.S. government and agency	$	2,693,319	$	2,682,448	$	2,682,448
Non-U.S. government	794,705		795,178		795,178
Corporate debt	4,446,585		4,495,312		4,495,312
Agency RMBS	1,065,973		1,074,589		1,074,589
CMBS	1,223,051		1,248,191		1,248,191
Non-agency RMBS	185,854		186,164		186,164
ABS	1,628,739		1,622,480		1,622,480
Municipals	203,556		208,838		208,838
Total fixed maturities, available for sale	$	12,241,782	12,313,200		12,313,200
Fixed maturities, held to maturity, at amortized cost
Corporate debt	$	37,700	37,572		37,700
ABS	408,316		407,461		408,316
Total fixed maturities, held to maturity	$	446,016	445,033		446,016
Mortgage loans, held for investment, at fair value			594,088		594,088
Short-term investments, at fair value			31,063		31,063
Equity securities, at fair value			655,675		655,675
Other investments, at fair value (1)			539,299		947,982
Equity method investments (2)			—		146,293
Total investments			$	14,578,358	$	15,134,317

(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.