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

12 Months Ended

Dec. 31, 2024

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, 2024
	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	$	2,830,111	$	2,802,986	$	2,802,986
Non-U.S. government	753,315		729,939		729,939
Corporate debt	4,941,510		4,842,190		4,842,190
Agency RMBS	1,245,681		1,184,845		1,184,845
CMBS	852,534		819,608		819,608
Non-agency RMBS	132,116		122,536		122,536
ABS	1,547,350		1,539,832		1,539,832
Municipals	117,288		110,817		110,817
Total fixed maturities, available for sale	$	12,419,905	12,152,753		12,152,753
Fixed maturities, held to maturity, at amortized cost
Corporate debt	$	122,706	115,617		122,706
ABS	320,694		321,134		320,694
Total fixed maturities, held to maturity	$	443,400	436,751		443,400
Mortgage loans, held for investment, at fair value			505,697		505,697
Short-term investments, at fair value			223,666		223,666
Equity securities, at fair value			579,274		579,274
Other investments, at fair value (1)			689,159		930,278
Equity method investments (2)			—		206,994
Total investments			$	14,587,300	$	15,042,062

(1)In the fair value column in the table above, 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)In the fair value column in the table above, equity method investments are excluded as the Company has the ability to exercise significant influence over the operating and financial policies of the investees.