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Press release from Business Wire

AXIS Capital Declares Quarterly Dividends on Common and Preferred Shares

Wednesday, September 18, 2013

AXIS Capital Declares Quarterly Dividends on Common and Preferred Shares

07:00 EDT Wednesday, September 18, 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 October 15, 2013 to the shareholders of record at the close of business on October 1, 2013.

In addition, the Board declared a dividend of $1.875 per Series B 7.50% Preferred Share, a dividend of $0.429688 per Series C 6.875% Preferred Share and a dividend of $0.34375 per Series D 5.50% Preferred Share. The Series B Preferred Share dividend is payable on December 2, 2013 to shareholders of record at the close of business on November 15, 2013. The Series C Preferred Share dividend is payable on October 15, 2013 to shareholders of record at the close of business on October 1, 2013. The Series D Preferred Share dividend is payable on December 2, 2013 to shareholders of record at the close of business on November 15, 2013.

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders' equity at June 30, 2013 of $5.6 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
Michael Herley, 212-521-4897
michael-herley@kekst.com

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