SCHEDULE I - SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES

12 Months Ended

Dec. 31, 2019

SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]

SCHEDULE I - SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES

AXIS CAPITAL HOLDINGS LIMITED

SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES



	At December 31, 2019
	Amortized cost		Fair value		Amount shown on the balance sheet
(in thousands)
Type of investment:
Fixed maturities, available for sale, at fair value
U.S. government and agency	$	2,102,849	$	2,112,881	$	2,112,881
Non-U.S. government	564,505		576,592		576,592
Corporate debt	4,797,384		4,930,254		4,930,254
Agency RMBS	1,570,823		1,592,584		1,592,584
CMBS	1,340,156		1,365,052		1,365,052
Non-Agency RMBS	84,381		84,922		84,922
ABS	1,599,867		1,598,693		1,598,693
Municipals	203,275		207,227		207,227
Total fixed maturities	$	12,263,240	12,468,205		12,468,205
Mortgage loans, held for investment, at fair value			432,748		432,748
Short-term investments, at fair value			38,471		38,471
Equity securities, at fair value			474,207		474,207
Other investments, at fair value ⁽¹⁾			478,810		770,923
Equity method investments ⁽²⁾			—		117,821
Total investments			$	13,892,441	$	14,302,375


(1)	Other investments exclude investments where the Company is considered to have the ability to exercise significant influence over the operating and financial policies of the investees.

(2)

Equity method investments are excluded as the Company has the ability to exercise significant influence over the operating and financial policies of the investees.