XML 43 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets    
Fixed maturities, available for sale, at fair value (Amortized cost 2015: $12,217,258; 2014: $12,185,973) $ 12,139,595 $ 12,129,273
Equity securities, available for sale, at fair value (Cost 2015: $685,462; 2014: $531,648) 689,157 567,707
Mortgage loans, held for investment, at amortized cost and fair value 129,431 0
Other investments, at fair value 800,319 965,465
Short-term investments, at amortized cost and fair value 7,152 107,534
Total investments 13,765,654 13,769,979
Cash and cash equivalents 992,253 921,830
Restricted cash and cash equivalents 188,220 287,865
Accrued interest receivable 75,375 83,070
Insurance and reinsurance premium balances receivable 2,169,581 1,808,620
Reinsurance recoverable on unpaid and paid losses 2,036,099 1,926,145
Deferred acquisition costs 544,178 466,987
Prepaid reinsurance premiums 416,451 351,441
Receivable for investments sold 7,220 169
Goodwill and intangible assets 87,329 88,960
Other assets 274,981 250,670
Total assets 20,557,341 19,955,736
Liabilities    
Reserve for losses and loss expenses 9,703,583 9,596,797
Unearned premiums 3,107,348 2,735,376
Insurance and reinsurance balances payable 301,830 249,186
Senior notes 991,562 990,790
Payable for investments purchased 303,916 188,176
Other liabilities 322,736 315,471
Total liabilities 14,730,975 14,075,796
Shareholders’ equity    
Preferred shares 627,843 627,843
Common shares (2015: 176,222; 2014: 175,478 shares issued and 2015: 96,049; 2014: 99,426 shares outstanding) 2,202 2,191
Additional paid-in capital 2,230,278 2,285,016
Accumulated other comprehensive loss (117,593) (45,574)
Retained earnings 6,093,897 5,715,504
Treasury shares, at cost (2015: 80,173; 2014: 76,052 shares) (3,010,261) (2,763,859)
Total shareholders’ equity attributable to AXIS Capital 5,826,366 5,821,121
Noncontrolling interests 0 58,819
Total shareholders’ equity 5,826,366 5,879,940
Total liabilities and shareholders’ equity $ 20,557,341 $ 19,955,736