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SCHEDULE II - CONDENSED PARENT COMPANY STATEMENTS OF CASH FLOWS (DETAILS 5) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
Cash flows from operating activities: |  |  |
Net income | $ 513,368 | $ 641,631 | $ 810,745
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |
Other items | (13,804) | 16,119 | 81,202
Net cash provided by operating activities | 406,724 | 791,200 | 862,182
Cash flows from investing activities: |  |  |
Net cash used in investing activities | (144,431) | (225,697) | (154,076)
Cash flows from financing activities: |  |  |
Net proceeds from issuance of preferred shares | 531,945 | 0 | 0
Repurchase of common shares | (509,755) | (332,252) | (543,202)
Dividends paid - common shares | (132,323) | (118,652) | (117,619)
Repurchase of preferred shares | (51,769) | 0 | 0
Dividends paid - preferred shares | (39,909) | (40,088) | (40,088)
Proceeds from issuance of common shares | 224 | 3,986 | 5,550
Redemption of senior notes | 0 | 0 | (500,000)
Net cash used in financing activities | (201,587) | (487,006) | (686,015)
Increase (decrease) in cash and cash equivalents | 51,361 | 66,303 | (1,496)
Cash and cash equivalents - beginning of year | 988,133 | 921,830 | 923,326
Cash and cash equivalents - end of year | 1,039,494 | 988,133 | 921,830
Supplemental disclosures of cash flow information: |  |  |
Interest paid | 48,875 | 48,875 | 68,850
AXIS Capital Holdings Limited [Member] |  |  |
Cash flows from operating activities: |  |  |
Net income | 513,368 | 641,631 | 810,745
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |
Equity in net earnings of subsidiaries | (552,621) | (369,642) | (895,489)
Change in intercompany payable | 33,286 | (180,312) | 8,272
Dividends received from subsidiaries | 550,000 | 420,000 | 724,000
Other items | 17,807 | (23,614) | 53,865
Net cash provided by operating activities | 561,840 | 488,063 | 701,393
Cash flows from investing activities: |  |  |
Promissory note receivable from subsidiary | (368,252) | 0 | 0
Capital repaid from subsidiary | 0 | 0 | 496,593
Net cash used in investing activities | (368,252) | 0 | 496,593
Cash flows from financing activities: |  |  |
Net proceeds from issuance of preferred shares | 531,945 | 0 | 0
Repurchase of common shares | (509,755) | (332,252) | (543,202)
Dividends paid - common shares | (132,323) | (118,652) | (117,619)
Repurchase of preferred shares | (51,769) | 0 | 0
Dividends paid - preferred shares | (39,909) | (40,088) | (40,088)
Proceeds from issuance of common shares | 224 | 3,986 | 5,550
Redemption of senior notes | 0 | 0 | (500,000)
Net cash used in financing activities | (201,587) | (487,006) | (1,195,359)
Increase (decrease) in cash and cash equivalents | (7,999) | 1,057 | 2,627
Cash and cash equivalents - beginning of year | 8,098 | 7,041 | 4,414
Cash and cash equivalents - end of year | 99 | 8,098 | 7,041
Supplemental disclosures of cash flow information: |  |  |
Interest paid | $ 0 | $ 0 | $ 28,750

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