v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Assets    
Fixed maturities, available for sale, at fair value (Amortized cost 2013: $11,987,146; 2012: $11,605,672) $ 11,986,327 $ 11,928,049
Equity securities, available for sale, at fair value (Cost 2013: $566,219; 2012: $608,306) 701,987 666,548
Other investments, at fair value 1,045,810 843,437
Short-term investments, at fair value and amortized cost 46,212 108,860
Total investments 13,780,336 13,546,894
Cash and cash equivalents 923,326 759,817
Restricted cash and cash equivalents 64,550 90,733
Accrued interest receivable 97,132 97,220
Insurance and reinsurance premium balances receivable 1,688,957 1,474,821
Reinsurance recoverable on unpaid and paid losses 1,929,988 1,863,819
Deferred acquisition costs 456,122 389,248
Prepaid reinsurance premiums 330,261 315,676
Receivable for investments sold 1,199 1,254
Goodwill and intangible assets 89,528 97,493
Other assets 273,385 215,369
Total assets 19,634,784 18,852,344
Liabilities    
Reserve for losses and loss expenses 9,582,140 9,058,731
Unearned premiums 2,683,849 2,454,692
Insurance and reinsurance balances payable 234,412 270,739
Senior notes 995,855 995,245
Payable for investments purchased 21,744 64,553
Other liabilities 248,822 228,623
Total liabilities 13,766,822 13,072,583
Shareholders' equity    
Preferred shares 627,843 502,843
Common shares (2013: 174,134; 2012: 171,867 shares issued and 2013: 109,485; 2012: 117,920 shares outstanding) 2,174 2,146
Additional paid-in capital 2,240,125 2,179,034
Accumulated other comprehensive income 117,825 362,622
Retained earnings 5,062,706 4,497,789
Treasury shares, at cost (2013: 64,649; 2012: 53,947 shares) (2,232,711) (1,764,673)
Total shareholders' equity attributable to AXIS Capital 5,817,962 5,779,761
Noncontrolling interests 50,000 0
Total shareholders' equity 5,867,962 5,779,761
Total liabilities and shareholders' equity $ 19,634,784 $ 18,852,344