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Press Release

AXIS Capital Declares Quarterly Dividends on Common and Preferred Shares

Company Release - 5/2/2018 4:30 PM ET

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 $0.39 per common share. The common dividend will be payable on July 16, 2018, to the shareholders of record at the close of business on June 29, 2018.

In addition, the Board declared a dividend of $0.34375 per Series D 5.50% Preferred Share and a dividend of $34.375 per Series E 5.50% Preferred Share (equivalent to $0.34375 per depositary share). The Series D Preferred Share dividend is payable on September 4, 2018 to shareholders of record at the close of business on August 15, 2018. The Series E Preferred Share dividend is payable on July 16, 2018 to shareholders of record at the close of business on June 29, 2018.

About AXIS Capital

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with total shareholders' equity at March 31, 2018, of $5.3 billion and locations in Bermuda, the United States, Europe, Singapore, Middle East, Canada, and Latin America. Its operating subsidiaries have been assigned a rating of "A+" ("Strong") by Standard & Poor's and "A+" ("Superior") by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com.

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Investor
AXIS Capital Holdings Limited
Linda Ventresca, (441) 405-2727
investorrelations@axiscapital.com
or
Media
AXIS Capital Holdings Limited
Keith Trivitt, (212) 715-3557
keith.trivitt@axiscapital.com

Source: AXIS Capital Holdings Limited