Press release from Business Wire
AXIS Capital Commemorates 10th Anniversary of Its Initial Public Offering at the New York Stock Exchange
Tuesday, July 16, 2013
AXIS Capital Commemorates 10th Anniversary of Its Initial Public Offering at the New York Stock Exchange08:55 EDT Tuesday, July 16, 2013
PEMBROKE, Bermuda (Business Wire) -- AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today announced Albert Benchimol, President and CEO of AXIS Capital, marks an important organizational milestone by ringing the closing bell at the New York Stock Exchange. The closing bell ceremony commemorates AXIS Capital's 10 year anniversary as a publicly traded company on the NYSE.
President and CEO Albert Benchimol remarked, “Since our initial public offering, our shareholder returns have significantly outperformed that of the S&P 500 Index and the S&P Property & Casualty Composite. These achievements are a testament to our organization's world-class team, both past and present, and our consistent focus on delivering top-tier shareholder value across the market cycle.
“We are proud to celebrate our 10th year on the NYSE, and our history as a global insurer and reinsurer, providing our clients and distribution partners with a broad range of risk transfer products and services, meaningful capacity and unquestioned financial strength. We look forward to extending our track record of success.”
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. For more information about AXIS Capital, visit www.axiscapital.com.
AXIS Capital Holdings Limited
Linda Ventresca, 441-405-2727
Kekst and Company
Michael Herley, 212-521-4897