How has Axis Capital Holders's reinsurance — unearned premiums changed year-over-year?

Axis Capital Holders's reinsurance — unearned premiums increased by 10.3% year-over-year, from $1.35B to $1.49B.

What does reinsurance — unearned premiums mean?

This represents the portion of written premiums that relates to the unexpired period of insurance policies. It serves as a leading indicator of future earned revenue and reflects the volume of active business currently underwritten by the reinsurance segment.

Axis Capital Holders (AXS) Reinsurance — Unearned premiums

Screener

Other segment segments

Insurance

$4.33B+12.3%

Similar metrics at other companies

GLREInnovations — Unearned premiums

$47.79M+40.0%

ALLCorporate — Unearned premiums

$0—

AFGProperty and casualty insurance — Unearned premiums

$3.74B+4.2%

HGBermuda — Unearned premiums

$624.01M+32.2%

HGInternational — Unearned premiums

$753.47M+15.9%

GLREOpen Market — Unearned premiums

$313.92M+8.1%

Other financials

Income statement

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Revenue$1.8B+7.4%

Net income$258.1M+15.6%

EPS (diluted)$3.38+24.3%

Balance sheet

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Cash & equivalents$780.0M-8.5%

Total debt$108.3M+1.7%

Total equity$6.5B+5.3%

Total assets$36.6B+7.2%

Cash flow

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Operating cash flow$631.5M+138%

CapEx$14.2M+17.4%

Free cash flow$617.4M+137%

Valuation

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Market cap$7.61B+2.1%

Enterprise value$6.94B+3.5%

P/E6.9×-1.5×

P/S1.1×-0.1×

Profitability

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Net margin16.2%+1.9pp

FCF margin-6.9%-33.2pp

Returns & leverage

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Return on equity17.4%+2.4pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Axis Capital Holders in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationUnearnedPremiums.

The source filing: Axis Capital Holders’s 10-K, filed February 27, 2026.

Filed: Feb 27, 2026, 7:58 AM EST
Fiscal year: FY2025
Accession: 0001214816-26-000097

(in thousands)	Deferredacquisitioncosts	Reservefor lossesand lossexpenses	Unearnedpremiums	Netpremiumsearned	Netinvestment income(1)	Net lossesand lossexpenses	Acquisitioncosts	Otheroperating expenses(2)	Netpremiumswritten
Insurance	$584,203	$11,156,522	$4,333,954	$4,291,485	—	$2,337,227	$820,324	$537,558	$4,627,224
Reinsurance	217,575	6,965,734	1,491,744	1,423,124	—	951,314	316,145	50,111	1,494,432
Corporate	—	—	—	—	766,903	—	—	116,262	—
Total	$801,778	$18,122,256	$5,825,698	$5,714,609	$766,903	$3,288,541	$1,136,469	$703,931	$6,121,656
	At and year ended December 31, 2024
(in thousands)	Deferredacquisitioncosts	Reservefor lossesand lossexpenses	Unearnedpremiums	Netpremiumsearned	Netinvestment income(1)	Net lossesand lossexpenses	Acquisitioncosts	Other operating expenses(2)	Netpremiumswritten
Insurance	$503,175	$10,499,703	$3,859,162	$3,926,036	—	$2,245,420	$766,915	$485,929	$4,250,545
Reinsurance	182,678	6,719,226	1,352,703	1,380,199	—	913,067	303,636	50,513	1,506,806

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Axis Capital Holders's reinsurance — unearned premiums?: Axis Capital Holders (AXS) reported reinsurance — unearned premiums of $1.49B in Q4 2025.
How has Axis Capital Holders's reinsurance — unearned premiums changed year-over-year?: Axis Capital Holders's reinsurance — unearned premiums increased by 10.3% year-over-year, from $1.35B to $1.49B.
What does reinsurance — unearned premiums mean?: This represents the portion of written premiums that relates to the unexpired period of insurance policies. It serves as a leading indicator of future earned revenue and reflects the volume of active business currently underwritten by the reinsurance segment.