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

12 Months Ended

Dec. 31, 2022

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, 2022
	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	$	2,731,733	$	2,639,330	$	2,639,330
Non-U.S. government	612,546		562,029		562,029
Corporate debt	4,680,798		4,255,556		4,255,556
Agency RMBS	1,297,423		1,202,785		1,202,785
CMBS	1,029,863		947,778		947,778
Non-agency RMBS	151,907		133,534		133,534
ABS	1,499,728		1,429,527		1,429,527
Municipals	172,475		156,355		156,355
Total fixed maturities, available for sale	$	12,176,473	11,326,894		11,326,894
Fixed maturities, held to maturity, at amortized cost
Corporate debt	$	85,200	73,772		85,200
ABS	613,151		600,971		613,151
Total fixed maturities, held to maturity	$	698,351	674,743		698,351
Mortgage loans, held for investment, at fair value			627,437		627,437
Short-term investments, at fair value			70,310		70,310
Equity securities, at fair value			485,253		485,253
Other investments, at fair value (1)			682,768		996,751
Equity method investments (2)			—		148,288
Total investments			$	13,867,405	$	14,353,284

(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.