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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenues    
Net premiums earned $ 906,222us-gaap_PremiumsEarnedNet $ 945,949us-gaap_PremiumsEarnedNet
Net investment income 92,110axs_InvestmentIncomeNetForInvestmentsAndCashAndCashEquivalents 82,744axs_InvestmentIncomeNetForInvestmentsAndCashAndCashEquivalents
Other insurance related income 7,676us-gaap_OtherOperatingIncome 3,082us-gaap_OtherOperatingIncome
Net realized investment gains (losses):    
Other-than-temporary impairment (OTTI) losses (17,568)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities (786)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
Other realized investment gains (losses) (24,985)axs_AvailableforsaleSecuritiesGrossRealizedGainLossIncludingDerivativeGainsLossesExcludingOtherThanTemporaryImpairments 11,406axs_AvailableforsaleSecuritiesGrossRealizedGainLossIncludingDerivativeGainsLossesExcludingOtherThanTemporaryImpairments
Total net realized investment gains (losses) (42,553)axs_AvailableForSaleSecuritiesGrossRealizedGainLossNetIncludingDerivativesGainsLosses 10,620axs_AvailableForSaleSecuritiesGrossRealizedGainLossNetIncludingDerivativesGainsLosses
Total revenues 963,455us-gaap_Revenues 1,042,395us-gaap_Revenues
Expenses    
Net losses and loss expenses 518,937us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 544,207us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
Acquisition costs 171,702us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense 172,036us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense
General and administrative expenses 163,517us-gaap_SellingGeneralAndAdministrativeExpense 152,729us-gaap_SellingGeneralAndAdministrativeExpense
Foreign exchange losses (gains) (63,220)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 4,233us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Interest expense and financing costs 12,257us-gaap_InterestExpense 16,594us-gaap_InterestExpense
Total expenses 803,193us-gaap_BenefitsLossesAndExpenses 889,799us-gaap_BenefitsLossesAndExpenses
Income before income taxes 160,262us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 152,596us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense (benefit) (690)us-gaap_IncomeTaxExpenseBenefit 4,125us-gaap_IncomeTaxExpenseBenefit
Net income 160,952us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 148,471us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Amounts attributable to (from) noncontrolling interests (4,873)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 1,222us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to AXIS Capital 165,825us-gaap_NetIncomeLoss 147,249us-gaap_NetIncomeLoss
Preferred share dividends 10,022us-gaap_PreferredStockDividendsIncomeStatementImpact 10,022us-gaap_PreferredStockDividendsIncomeStatementImpact
Net income available to common shareholders $ 155,803us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 137,227us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Net income per common share:    
Basic net income $ 1.56us-gaap_EarningsPerShareBasic $ 1.26us-gaap_EarningsPerShareBasic
Diluted net income $ 1.54us-gaap_EarningsPerShareDiluted $ 1.24us-gaap_EarningsPerShareDiluted
Weighted average number of common shares outstanding - basic 99,910us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 109,053us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average number of common shares outstanding - diluted 101,139us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 110,391us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Cash dividends declared per common share $ 0.29us-gaap_CommonStockDividendsPerShareDeclared $ 0.27us-gaap_CommonStockDividendsPerShareDeclared