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| AXIS CAPITAL PRICES $200 MILLION OF 5.50% SERIES D PREFERRED SHARES |
Pembroke, Bermuda, May 13, 2013 –
AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today announced that it has priced an offering of 8 million shares of 5.50% Series D Preferred Shares, par value $0.0125 per share and a liquidation preference of $25.00 per share (or $200 million in aggregate liquidation preference). AXIS Capital has also granted the underwriters a 30-day option to purchase up to 1.2 million additional Series D Preferred Shares solely to cover over-allotments, if any. The offering was made pursuant to an effective shelf registration statement and is expected to close on May 20, 2013, subject to customary closing conditions.
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| AXIS CAPITAL DECLARES QUARTERLY DIVIDENDS ON COMMON AND PREFERRED SHARES |
Pembroke, Bermuda, May 3, 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.
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| AXIS CAPITAL PUBLISHES Q1 FINANCIAL SUPPLEMENT |
Pembroke, Bermuda, April 25, 2013 –
AXIS Capital Publishes Q1 Financial Supplement… |
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| AXIS CAPITAL REPORTS FIRST QUARTER OPERATING INCOME OF $227 MILLION, OR $1.92 PER DILUTED COMMON SHARE, AND RECORD DILUTED BOOK VALUE PER COMMON SHARE OF $44.67 |
Pembroke, Bermuda, April 25, 2013 –
AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today reported net income available to common shareholders for the first quarter of 2013 of $303 million, or
$2.55 per diluted common share, compared with $122 million, or $0.96 per diluted common share, for the first quarter of 2012.… |
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| AXIS CAPITAL TO RELEASE FIRST QUARTER FINANCIAL RESULTS ON APRIL 25, 2013 |
Pembroke, Bermuda, March 28, 2013 –
AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today announced that it expects to release financial results for the first quarter ended March 31, 2013 on Thursday, April 25, 2013, after the close of the financial markets.… |
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| AXIS CAPITAL APPOINTS INDUSTRY VETERAN PETER WILSON AS EVP AND PRESIDENT OF U.S. INSURANCE |
Pembroke, Bermuda, March 27, 2013 –
AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced the appointment of Peter Wilson, an insurance executive with three decades of industry experience, as its President of U.S. Insurance. At AXIS, Mr. Wilson will be responsible for the management of all of the Company’s U.S. Insurance operations, including the Professional Lines and Property and Casualty Divisions. Mr. Wilson will join AXIS in May and will be based in the Company’s New York office reporting to AXIS Insurance CEO, Jack Gressier.… |
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| AXIS CAPITAL ELECTS ALICE YOUNG AS AN INDEPENDENT DIRECTOR TO ITS BOARD |
Pembroke, Bermuda, February 22, 2013 –
AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced that the Company’s Board of Directors has elected Alice Young as a director.
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| AXIS CAPITAL DECLARES QUARTERLY DIVIDENDS ON COMMON AND PREFERRED SHARES |
Pembroke, Bermuda, February 22, 2013 –
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 April 15, 2013 to the shareholders of record at the close of business on March 28, 2013.
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| AXIS CAPITAL ANNOUNCES PRICING OF SECONDARY OFFERING OF COMMON SHARES |
Pembroke, Bermuda, February 11, 2013 –
AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today announced the pricing of an underwritten secondary public offering of 2,736,223 common shares at a price of $39.50 per share. The common shares are being sold by Trident II, L.P. and related entities (“Trident”). After giving effect to this offering and the recently announced repurchase of 3,000,0000 common shares by AXIS Capital from Trident, Trident will no longer own any of AXIS Capital’s common shares. No common shares are being sold by AXIS Capital in this offering, and it will not receive any proceeds from the offering.
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| AXIS CAPITAL CEO ALBERT BENCHIMOL TO PRESENT AT BANK OF AMERICA MERRILL LYNCH INSURANCE CONFERENCE 2013 |
February 7, 2013 –
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| AXIS CAPITAL REPORTS 2012 OPERATING INCOME OF $422 MILLION, OR $3.41 PER DILUTED COMMON SHARE |
Pembroke, Bermuda, February 4, 2013 –
AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today reported a net loss to common shareholders for the fourth quarter of 2012 of $19 million, or $0.16 per diluted common share, compared with net income of $80 million, or $0.63 per diluted common share, for the fourth quarter of 2011. Net income available to common shareholders for the full year 2012 was $495 million, or $4.00 per diluted common share, compared with $9 million, or $0.07 per diluted common share, for 2011. The improvement in our annual results was largely due to a reduction in net-after tax losses from natural catastrophe and weather events, which totaled $398 million in 2012 and $910 million in 2011.… |
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| AXIS CAPITAL PUBLISHES Q4 2012 FINANCIAL SUPPLEMENT |
Pembroke, Bermuda, February 4, 2013 –
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| AXIS CAPITAL TO RELEASE FOURTH QUARTER AND YEAR END FINANCIAL RESULTS ON FEBRUARY 4, 2013 |
Pembroke, Bermuda, January 10, 2013 –
AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today announced that it expects to release financial results for the fourth quarter and year ended December 31, 2012 on Monday February 4, 2013, after the close of the financial markets.
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| AXIS CAPITAL ANNOUNCES NEW $750 MILLION SHARE REPURCHASE AUTHORIZATION |
Pembroke, Bermuda, December 17, 2012 –
AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced that the Company’s Board of Directors has authorized the Company to repurchase $750 million of the Company’s common shares. The Board has authorized the Company to effect repurchases under this new plan from time to time in open market or privately negotiated transactions through December 31, 2014, depending on market conditions. This new repurchase authorization, effective January 1, 2013, will replace the existing authorization, which has $236 million available through December 31, 2012.
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| AXIS CAPITAL PROVIDES PRELIMINARY ESTIMATE OF NET FINANCIAL IMPACT OF STORM SANDY |
Pembroke, Bermuda, December 17, 2012 –
AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that its preliminary estimate of the total net financial impact of Storm Sandy is approximately $300 million, net of tax and estimated recoveries from reinsurance and including estimated reinstatement premiums. The net financial impact is expected to be split evenly between the insurance and reinsurance segments of the Company.
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| AXIS CAPITAL REPORTS THIRD QUARTER OPERATING INCOME OF $201 MILLION |
Pembroke, Bermuda, October 31, 2012 –
Pembroke, Bermuda, October 31, 2012 - AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today reported net income available to common shareholders for the third quarter of 2012 of $223 million, or $1.82 per diluted common share, compared with $212 million, or $1.66 per diluted common share, for the third quarter of 2011. For the nine months ended September 30, 2012, AXIS Capital reported net income available to common shareholders of $514 million, or $4.11 per diluted common share. During the first nine months of 2011, we recognized a net loss to common shareholders of $71 million, or $0.58 per diluted common share. Our results for the first nine months of 2011 were adversely impacted by $775 million of net-after tax losses from numerous natural catastrophe and weather events.… |
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| AXIS CAPITAL PUBLISHES Q3 2012 FINANCIAL SUPPLEMENT |
Pembroke, Bermuda, October 31, 2012 –
AXIS Capital Publishes Q3 2012 Financial Supplement… |
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| ERIC GESICK TO JOIN AXIS CAPITAL AS GROUP CHIEF ACTUARY |
Pembroke, Bermuda, October 2, 2012 –
AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that Eric Gesick has joined the Company in the new position of Group Chief Actuary. Mr. Gesick, who joins the Executive Committee of AXIS Capital in this new role, will lead the Company’s actuarial function and provide review and oversight for all pricing and reserving activities. He will report directly to AXIS Capital President and CEO Albert Benchimol and will be based in the Company’s Bermuda head office.
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| AXIS CAPITAL TO RELEASE THIRD QUARTER FINANCIAL RESULTS ON OCTOBER 31, 2012 |
Pembroke, Bermuda, September 27, 2012 –
AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today announced that it expects to release financial results for the third quarter ended September 30, 2012 on Wednesday October 31, 2012, after the close of the financial markets.
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| AXIS CAPITAL DECLARES QUARTERLY DIVIDENDS ON COMMON AND PREFERRED SHARES |
Pembroke, Bermuda, September 21, 2012 –
AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced that the Company’s Board of Directors has declared a quarterly dividend of $0.24 per common share. The common dividend will be payable on October 15, 2012 to the shareholders of record at the close of business on October 2, 2012.… |
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| AXIS CAPITAL ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS |
Pembroke, Bermuda, September 20, 2012 –
PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced changes to its Board of Directors.… |
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| AXIS CAPITAL REPORTS SECOND QUARTER OPERATING INCOME OF $113 MILLION |
Pembroke, Bermuda, July 31, 2012 –
AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today reported net income available to common shareholders for the second quarter of 2012 of $168 million, or $1.35 per diluted common share, compared with $101 million, or $0.79 per diluted common share, for the second quarter of 2011. For the six months ended June 30, 2012, AXIS Capital reported net income available to common shareholders of $290 million, or $2.31 per diluted common share. During the first six months of 2011, we recognized a net loss to common shareholders of $283 million, or $2.38 per diluted common share. Our results for the first six months of 2011 were adversely impacted by $691 million of net-after tax losses from numerous natural catastrophe and weather events.
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| AXIS CAPITAL PUBLISHES Q2 2012 FINANCIAL SUPPLEMENT |
Pembroke, Bermuda, July 31, 2012 –
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| AXIS CAPITAL TO RELEASE SECOND QUARTER FINANCIAL RESULTS ON JULY 31, 2012 |
Pembroke, Bermuda, June 28, 2012 –
AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today announced that it expects to release financial results for the second quarter ended June 30, 2012 on Tuesday July 31, 2012, after the close of the financial markets.
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| AXIS CAPITAL ELECTS MICHAEL A. BUTT NON-EXECUTIVE CHAIRMAN OF ITS BOARD OF DIRECTORS REPLACING JOHN R. CHARMAN |
Pembroke, Bermuda, June 25, 2012 –
AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that its Board of Directors has appointed Board member and former Chairman Michael A. Butt as non-executive Chairman of the Board of Directors. Mr. Butt succeeds John R. Charman following the decision by the Board to replace Mr. Charman as Chairman. Mr. Butt had served successfully as AXIS Capital’s chairman for almost ten years prior to the recent appointment of Mr. Charman to that position. Mr. Butt assures a thorough understanding of the role and priorities to be carried out by the Chairman of AXIS Capital.
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