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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets    
Fixed maturities, available for sale, at fair value (Amortized cost 2014: $12,023,304; 2013: $11,987,146) $ 12,095,839 $ 11,986,327
Equity securities, available for sale, at fair value (Cost 2014: $581,473; 2013: $566,219) 708,412 701,987
Other investments, at fair value 1,005,762 1,045,810
Short-term investments, at fair value and amortized cost 296,800 46,212
Total investments 14,106,813 13,780,336
Cash and cash equivalents 1,205,754 923,326
Restricted cash and cash equivalents 88,955 64,550
Accrued interest receivable 89,536 97,132
Insurance and reinsurance premium balances receivable 2,292,954 1,688,957
Reinsurance recoverable on unpaid and paid losses 1,912,840 1,929,988
Deferred acquisition costs 634,413 456,122
Prepaid reinsurance premiums 299,994 330,261
Receivable for investments sold 1,972 1,199
Goodwill and intangible assets 90,350 89,528
Other assets 274,053 273,385
Total assets 20,997,634 19,634,784
Liabilities    
Reserve for losses and loss expenses 9,667,841 9,582,140
Unearned premiums 3,372,166 2,683,849
Insurance and reinsurance balances payable 207,909 234,412
Senior notes 1,490,198 995,855
Payable for investments purchased 162,747 21,744
Other liabilities 218,502 248,822
Total liabilities 15,119,363 13,766,822
Shareholders' equity    
Preferred shares 627,843 627,843
Common shares (2014: 175,195; 2013: 174,134 shares issued and 2014: 106,745; 2013: 109,485 shares outstanding) 2,188 2,174
Additional paid-in capital 2,247,102 2,240,125
Accumulated other comprehensive income 182,254 117,825
Retained earnings 5,170,948 5,062,706
Treasury shares, at cost (2014: 68,450; 2013: 64,649 shares) (2,403,286) (2,232,711)
Total shareholders' equity attributable to AXIS Capital 5,827,049 5,817,962
Noncontrolling interests 51,222 50,000
Total shareholders' equity 5,878,271 5,867,962
Total liabilities and shareholders' equity $ 20,997,634 $ 19,634,784