AXIS Capital Elects Alice Young as an Independent Director to Its Board

  AXIS Capital Elects Alice Young as an Independent Director to Its Board

Business Wire

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.

Michael Butt, Chairman of AXIS Capital, said: “We are very delighted Alice has
agreed to join our Board where the breadth and scope of her international
experience, particularly in the growth areas of the world, will be a great
addition to our deliberations. We look forward to her contributions as an
independent director.”

Since 1994, Ms. Young has served as a partner at the international law firm
Kaye Scholer LLP and as Chairperson of the firm's Asia Pacific practice. In
2013, Ms. Young became Special Counsel of Kaye Scholer LLP and continues to
serve as Chairperson of the firm’s Asia Pacific practice. She has extensive
experience advising multinational entities and entrepreneurs on their business
and investment activities in the United States and Asia. Ms. Young also serves
as a member of the Board of Directors and on the Executive and Examining
Committees of Mizuho Trust & Banking Co. (USA); as Trustee of the Aspen
Institute, Asia Foundation and Give2Asia; and Associate Fellow of Davenport
College, Yale University. Ms. Young is also a member of the Council on Foreign
Relations, Committee of 100, Deloitte & Touche Diversity External Advisory
Council, Asia Society, the US-China Business Council and Japan Society.

Ms. Young received her Bachelor of Arts, magna cum laude from Yale College, in
1971, graduating with Distinction and Honors in East Asian Studies. Following
Yale College, she attended Harvard Law School, from which she received her
Doctor of Law degree, cum laude, in 1974.

AXIS Capital is a Bermuda-based global provider of specialty lines insurance
and treaty reinsurance with shareholders’ equity at December 31, 2012 of $5.8
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


Linda Ventresca
AXIS Capital Holdings Limited
(441) 405-2727
Michael Herley
Kekst and Company
(212) 521-4897
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