AXIS Capital Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	13,415	12,596	12,921	12,025	12,759
Investments in Equity & Preferred Securities	934.75	1,107	1,070	904.39	1,061
Other Investments	1,048	833.25	659.62	796.21	719.69
Total Investments	15,755	15,042	15,261	14,353	15,134
Cash & Equivalents	820.25	2,143	953.48	751.42	844.59
Reinsurance Recoverable	9,626	7,387	6,899	6,371	5,660
Other Receivables	3,605	3,535	3,488	2,931	2,692
Deferred Policy Acquisition Cost	801.78	524.84	450.95	473.57	465.59
Property, Plant & Equipment	93.9	92.52	108.09	92.21	103.3
Goodwill	66.5	66.5	100.8	100.8	100.8
Other Intangible Assets	166.05	175.97	186.88	197.8	208.72
Restricted Cash	500.93	920.15	430.51	423.24	473.1
Other Current Assets	2,139	1,946	1,921	1,588	1,380
Other Long-Term Assets	887.29	686.36	451.96	400.66	306.68
Total Assets	34,462	32,520	30,251	27,683	27,369
Accounts Payable	36.98	269.73	26.09	19.69	31.54
Accrued Expenses	-	-	1	5.79	9.09
Insurance & Annuity Liabilities	1,882	1,533	1,574	1,390	1,136
Unpaid Claims	18,122	17,219	16,434	15,169	14,653
Unearned Premiums	5,826	5,212	4,748	4,361	4,091
Reinsurance Payable	-	181	219	220	189
Current Portion of Leases	-	17.79	17.54	19.77	23.26
Short-Term Debt	66.38	66.38	85.79	81.39	-
Long-Term Debt	1,317	1,315	1,314	1,312	1,311
Long-Term Leases	110.1	88.83	105.56	82.8	96.25
Other Current Liabilities	-	3.1	10.17	0.7	20.62
Other Long-Term Liabilities	745.35	525.32	453.27	380.36	398.19
Total Liabilities	28,105	26,431	24,987	23,043	21,958
Preferred Stock, Redeemable	550	550	550	550	550
Common Stock	2.21	2.21	2.21	2.21	2.21
Additional Paid-In Capital	2,406	2,394	2,383	2,366	2,346
Retained Earnings	8,182	7,342	6,441	6,247	6,205
Treasury Stock	-4,812	-3,931	-3,747	-3,765	-3,749
Comprehensive Income & Other	28.43	-267.56	-365.84	-760.3	56.54
Total Common Equity	5,806	5,539	4,713	4,090	4,861
Shareholders' Equity	6,356	6,089	5,263	4,640	5,411
Total Liabilities & Equity	34,462	32,520	30,251	27,683	27,369
Filing Date Shares Outstanding	74.14	80.79	84.45	84.71	84.8
Total Common Shares Outstanding	74.14	82.98	85.29	84.67	84.77
Total Debt	1,493	1,488	1,523	1,496	1,430
Net Cash (Debt)	-672.93	655.3	-569.13	-744.86	-585.9
Net Cash Per Share	-8.49	7.69	-6.62	-8.69	-6.87
Book Value Per Share	78.32	66.75	55.26	48.31	57.34
Tangible Book Value	5,574	5,297	4,426	3,791	4,551
Tangible Book Value Per Share	75.19	63.83	51.89	44.78	53.69

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.