AXIS Capital Declares Quarterly Dividends

AXIS Capital Holdings Limited ("AXIS Capital") AXS today announced that the Company's Board of Directors has declared a quarterly dividend of $0.40 per common share. The common dividend will be payable on July 15, 2019, to shareholders of record at the close of business on June 28, 2019.

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 3, 2019, to shareholders of record at the close of business on August 15, 2019. The Series E Preferred Share dividend is payable on July 15, 2019, to shareholders of record at the close of business on June 28, 2019.

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders' equity at March 31, 2019, 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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