XML 21 R25.htm IDEA: XBRL DOCUMENT
v2.4.0.8

DERIVATIVE INSTRUMENTS (TABLES) | 6 Months Ended
--- | ---
Jun. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
LOCATION AND AMOUNTS OF DERIVATIVE FAIR VALUES ON THE CONSOLIDATED BALANCE SHEET [Table Text Block] |
|  | June 30, 2014 |  | December 31, 2013 |
|  | Derivative Notional Amount |  | Asset Derivative Fair Value(1) |  | Liability Derivative Fair Value(1) |  | Derivative Notional Amount |  | Asset Derivative Fair Value(1) |  | Liability Derivative Fair Value(1) |
| Derivatives not designated as hedging instruments |  |  |  |  |  |  |  |  |  |  |  |
| Relating to investment portfolio: |  |  |  |  |  |  |  |  |  |  |  |
| Foreign exchange forward contracts | $ | 132,230 |  |  | $ | 12 |  |  | $ | 2,011 |  |  | $ | 254,023 |  |  | $ | 1,214 |  |  | $ | 1,032 |  |
| Interest rate swaps | 281,250 |  |  | — |  |  | 272 |  |  | 281,250 |  |  | 873 |  |  | — |  |
| Relating to underwriting portfolio: |  |  |  |  |  |  |  |  |  |  |  |
| Foreign exchange forward contracts | 605,076 |  |  | 5,608 |  |  | — |  |  | 390,663 |  |  | 4,737 |  |  | 120 |  |
| Weather-related contracts | 3,000 |  |  | — |  |  | 750 |  |  | 24,451 |  |  | 984 |  |  | 815 |  |
| Commodity contracts | 100,850 |  |  | 3,571 |  |  | — |  |  | — |  |  | — |  |  | — |  |
| Total derivatives |  |  | $ | 9,191 |  |  | $ | 3,033 |  |  |  |  | $ | 7,808 |  |  | $ | 1,967 |  |
(1) | Asset and liability derivatives are classified within other assets and other liabilities on the Consolidated Balance Sheets.
RECONCILIATION OF GROSS DERIVATIVE ASSETS AND LIABILITIES TO NET AMOUNTS PRESENTED IN BALANCE SHEETS [Table Text Block] |
|  | June 30, 2014 |  | December 31, 2013 |
|  | Gross Amounts | Gross Amounts Offset | Net Amounts(1) |  | Gross Amounts | Gross Amounts Offset | Net Amounts(1) |
| Derivative assets | $ | 11,985 |  | $ | (2,794 | ) | $ | 9,191 |  |  | $ | 9,796 |  | $ | (1,988 | ) | $ | 7,808 |  |
| Derivative liabilities | 5,827 |  | (2,794 | ) | 3,033 |  |  | 3,955 |  | (1,988 | ) | 1,967 |  |
(1) | Net asset and liability derivatives are classified within other assets and other liabilities on the Consolidated Balance Sheets.
NET EARNINGS IMPACT OF FAIR VALUE HEDGES AND TOTAL UNREALIZED AND REALIZED GAINS (LOSSES) ON DERIVATIVES NOT DESIGNATED AS HEDGES RECORDED IN EARNINGS [Table Text Block] |
|  | Location of Gain (Loss) Recognized in Income on Derivative | Three months ended June 30, |  | Six months ended June 30, |
|  | 2014 |  | 2013 |  | 2014 |  | 2013 |
| Derivatives not designated as hedging instruments |  |  |  |  |  |  |  |
| Relating to investment portfolio: |  |  |  |  |  |  |  |  |
| Foreign exchange forward contracts | Net realized investment gains | $ | (2,355 | ) |  | $ | 10,128 |  |  | $ | (3,684 | ) |  | $ | 17,292 |  |
| Interest rate swaps | Net realized investment gains | (4,800 | ) |  | — |  |  | (8,960 | ) |  | — |  |
| Relating to underwriting portfolio: |  |  |  |  |  |  |  |  |
| Foreign exchange forward contracts | Foreign exchange losses (gains) | 1,058 |  |  | (4,685 | ) |  | 13,131 |  |  | (2,197 | ) |
| Weather-related contracts | Other insurance related income | 383 |  |  | — |  |  | 4,061 |  |  | — |  |
| Commodity contracts | Other insurance related income | 1,713 |  |  | — |  |  | 1,713 |  |  | — |  |
| Total |  | $ | (4,001 | ) |  | $ | 5,443 |  |  | $ | 6,261 |  |  | $ | 15,095 |  |

X
- Definition Tabular disclosure of derivative assets and liabilities that are subject to offsetting, including master netting arrangements. + References No definition available. + Details
Name: | axs_OffsettingDerivativeAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | axs_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration