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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues      
Net premiums earned $ 3,870,999us-gaap_PremiumsEarnedNet $ 3,707,065us-gaap_PremiumsEarnedNet $ 3,415,463us-gaap_PremiumsEarnedNet
Net investment income 342,766axs_InvestmentIncomeNetForInvestmentsAndCashAndCashEquivalents 409,312axs_InvestmentIncomeNetForInvestmentsAndCashAndCashEquivalents 380,957axs_InvestmentIncomeNetForInvestmentsAndCashAndCashEquivalents
Other insurance related income 650us-gaap_OtherOperatingIncome 4,424us-gaap_OtherOperatingIncome 2,676us-gaap_OtherOperatingIncome
Net realized investment gains      
Other-than-temporary impairment (OTTI) losses (31,227)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities (9,362)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities (24,234)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
Other net realized investment gains 163,335axs_AvailableforsaleSecuritiesGrossRealizedGainLossIncludingDerivativeGainsLossesExcludingOtherThanTemporaryImpairments 84,926axs_AvailableforsaleSecuritiesGrossRealizedGainLossIncludingDerivativeGainsLossesExcludingOtherThanTemporaryImpairments 151,703axs_AvailableforsaleSecuritiesGrossRealizedGainLossIncludingDerivativeGainsLossesExcludingOtherThanTemporaryImpairments
Total net realized investment gains 132,108axs_AvailableForSaleSecuritiesGrossRealizedGainLossNetIncludingDerivativesGainsLosses 75,564axs_AvailableForSaleSecuritiesGrossRealizedGainLossNetIncludingDerivativesGainsLosses 127,469axs_AvailableForSaleSecuritiesGrossRealizedGainLossNetIncludingDerivativesGainsLosses
Total revenues 4,346,523us-gaap_Revenues 4,196,365us-gaap_Revenues 3,926,565us-gaap_Revenues
Expenses      
Net losses and loss expenses 2,186,722us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 2,134,195us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 2,096,028us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
Acquisition costs 737,197us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense 664,191us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense 627,653us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense
General and administrative expenses 621,876us-gaap_SellingGeneralAndAdministrativeExpense 575,390us-gaap_SellingGeneralAndAdministrativeExpense 560,981us-gaap_SellingGeneralAndAdministrativeExpense
Foreign exchange losses (gains) (104,439)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 26,143us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 29,512us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Interest expense and financing costs 74,695us-gaap_InterestExpense 61,979us-gaap_InterestExpense 61,863us-gaap_InterestExpense
Total expenses 3,516,051us-gaap_BenefitsLossesAndExpenses 3,461,898us-gaap_BenefitsLossesAndExpenses 3,376,037us-gaap_BenefitsLossesAndExpenses
Income before income taxes 830,472us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 734,467us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 550,528us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 25,908us-gaap_IncomeTaxExpenseBenefit 7,002us-gaap_IncomeTaxExpenseBenefit 3,287us-gaap_IncomeTaxExpenseBenefit
Net income 804,564us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 727,465us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 547,241us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Amounts attributable from noncontrolling interests (6,181)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to AXIS Capital 810,745us-gaap_NetIncomeLoss 727,465us-gaap_NetIncomeLoss 547,241us-gaap_NetIncomeLoss
Preferred share dividends 40,088us-gaap_PreferredStockDividendsIncomeStatementImpact 40,474us-gaap_PreferredStockDividendsIncomeStatementImpact 38,228us-gaap_PreferredStockDividendsIncomeStatementImpact
Loss on repurchase of preferred shares 0us-gaap_PreferredStockRedemptionPremium 3,081us-gaap_PreferredStockRedemptionPremium 14,009us-gaap_PreferredStockRedemptionPremium
Net income available to common shareholders $ 770,657us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 683,910us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 495,004us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Net income per common share      
Basic net income $ 7.38us-gaap_EarningsPerShareBasic $ 6.02us-gaap_EarningsPerShareBasic $ 4.05us-gaap_EarningsPerShareBasic
Diluted net income $ 7.29us-gaap_EarningsPerShareDiluted $ 5.93us-gaap_EarningsPerShareDiluted $ 4.00us-gaap_EarningsPerShareDiluted
Weighted average number of common shares outstanding - basic 104,368us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 113,636us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 122,148us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average number of common shares outstanding - diluted 105,713us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 115,328us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 123,654us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding