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Press release from Business Wire

AXIS Capital Declares Quarterly Dividends on Common and Preferred Shares

Friday, May 03, 2013

AXIS Capital Declares Quarterly Dividends on Common and Preferred Shares

16:05 EDT Friday, May 03, 2013

PEMBROKE, Bermuda (Business Wire) -- AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced that the Company's Board of Directors has declared a quarterly dividend of $0.25 per common share. The common dividend will be payable on July 15, 2013 to the shareholders of record at the close of business on June 28, 2013.

In addition, the Board declared a dividend of $0.453125 per Series A 7.25% Preferred Share, a dividend of $1.875 per Series B 7.50% Preferred Share and a dividend of $0.429688 per Series C 6.875% Preferred Share. The Series A Preferred Share dividend is payable on July 15, 2013 to shareholders of record at the close of business on June 28, 2013. The Series B Preferred Share dividend is payable on September 3, 2013 to shareholders of record at the close of business on August 15, 2013. The Series C Preferred Share dividend is payable on July 15, 2013 to shareholders of record at the close of business on June 28, 2013.

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders' equity at March 31, 2013 of $5.9 billion and locations in Bermuda, the United States, Europe, Singapore, Canada, Australia and Latin America. Its operating subsidiaries have been assigned a rating of “A+” (“Strong”) by Standard & Poor's and “A” (“Excellent”) with a positive outlook by A.M. Best. AXIS Capital and AXIS Specialty Finance LLC have been assigned senior unsecured debt ratings of A- (stable) by Standard & Poor's and Baa1 (stable) by Moody's Investors Service. For more information about AXIS Capital, visit our website at www.axiscapital.com.

Investor
AXIS Capital Holdings Limited
Linda Ventresca, 441-405-2727
info@axiscapital.com
or
Media
Kekst and Company, 212-521-4897
Michael Herley
michael-herley@kekst.com

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