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.
In addition, the Board declared a dividend of $0.453125 per Series A 7.25%
Preferred Share, a dividend of $1.875 per Series B 7.50% Preferred Share and a
dividend of $0.429688 per Series C 6.875% Preferred Share. The Series A
Preferred Share dividend is payable on April 15, 2013 to shareholders of
record at the close of business on March 28, 2013. The Series B Preferred
Share dividend is payable on June 3, 2013 to shareholders of record at the
close of business on May 15, 2013. The Series C Preferred Share dividend is
payable on April 15, 2013 to shareholders of record at the close of business
on March 28, 2013.
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
AXIS Capital Holdings Limited
Linda Ventresca, 441-405-2727
Kekst and Company
Michael Herley, 212-521-4897
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