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Axis Capital Holders AXS Insurance — Reserve for losses and loss expenses

Other segment segments

Reinsurance
$6.97B+3.7%

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$7.42B+12.2%
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$137.93M+82.8%

Other financials

Income statement

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Revenue$1.6B+8.0%
Net income$254.8M+31.3%
EPS (diluted)$3.29+45.6%

Balance sheet

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Cash & equivalents$862.4M-68.7%
Total debt$110.2M+2.7%
Total equity$6.4B+8.1%
Total assets$35.6B+7.1%

Cash flow

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Operating cash flow$519.4M+68.0%
CapEx$14.4M+97.9%
Free cash flow$505.0M+67.3%

Valuation

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Market cap$7.45B-7.4%
Enterprise value$6.69B+23.9%
P/E-2.2×
P/S1.1×-0.2×

Profitability

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Net margin16%+1.5pp
FCF margin-6.9%-32.6pp

Returns & leverage

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Return on equity17.4%+2.0pp
Debt / equity0.0×

Where this comes from

Reported directly by Axis Capital Holders in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationLiabilityForFuturePolicyBenefitsLossesClaimsAndLossExpenseReserves.

The official record: Axis Capital Holders’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Axis Capital Holders's insurance — reserve for losses and loss expenses?
Axis Capital Holders (AXS) reported insurance — reserve for losses and loss expenses of $11.16B in Q4 2025.
How has Axis Capital Holders's insurance — reserve for losses and loss expenses changed year-over-year?
Axis Capital Holders's insurance — reserve for losses and loss expenses increased by 6.3% year-over-year, from $10.5B to $11.16B.
What does insurance — reserve for losses and loss expenses mean?
Represents the total balance sheet provision for the estimated ultimate cost of settling all claims incurred up to the reporting date. It is a critical measure of the company's long-term financial stability and the accuracy of its actuarial underwriting assumptions.