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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets    
Fixed maturities, available for sale, at fair value (Amortized cost 2015: $11,897,639; 2014: $12,185,973) $ 11,719,749 $ 12,129,273
Equity securities, available for sale, at fair value (Cost 2015: $575,776; 2014: $531,648) 597,998 567,707
Mortgage loans, held for investment, at amortized cost and fair value 206,277 0
Other investments, at fair value 816,756 965,465
Short-term investments, at amortized cost and fair value 34,406 107,534
Total investments 13,375,186 13,769,979
Cash and cash equivalents 988,133 921,830
Restricted cash and cash equivalents 186,618 287,865
Accrued interest receivable 73,729 83,070
Insurance and reinsurance premium balances receivable 1,967,535 1,808,620
Reinsurance recoverable on unpaid and paid losses 2,096,104 1,926,145
Deferred acquisition costs 471,782 466,987
Prepaid reinsurance premiums 396,201 351,441
Receivable for investments sold 26,478 169
Goodwill and intangible assets 86,858 88,960
Other assets 313,267 250,670
Total assets 19,981,891 19,955,736
Liabilities    
Reserve for losses and loss expenses 9,646,285 9,596,797
Unearned premiums 2,760,889 2,735,376
Insurance and reinsurance balances payable 356,417 249,186
Senior notes 991,825 990,790
Payable for investments purchased 9,356 188,176
Other liabilities 350,237 315,471
Total liabilities 14,115,009 14,075,796
Shareholders' equity    
Preferred shares 627,843 627,843
Common shares (2015: 176,240; 2014: 175,478 shares issued and 2015: 96,066; 2014: 99,426 shares outstanding) 2,202 2,191
Additional paid-in capital 2,241,388 2,285,016
Accumulated other comprehensive loss (188,465) (45,574)
Retained earnings 6,194,353 5,715,504
Treasury shares, at cost (2015: 80,174; 2014: 76,052 shares) (3,010,439) (2,763,859)
Total shareholders’ equity attributable to AXIS Capital 5,866,882 5,821,121
Noncontrolling interests 0 58,819
Total shareholders’ equity 5,866,882 5,879,940
Total liabilities and shareholders’ equity $ 19,981,891 $ 19,955,736