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AXIS Appoints Anne Kelly as Global Head of Ceded Reinsurance

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AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS), today
announced that Anne Kelly has been appointed Global Head of Ceded
Reinsurance, effective September 4, 2018. In this role, Ms. Kelly will
be responsible for leading the Company's Ceded Re function across all of
AXIS' insurance product lines.

"Anne is an excellent addition to our global Risk Funding team. She is a
seasoned leader who brings a proven track record of managing risk
strategically across an enterprise," said Ben Rubin, Global Head of Risk
Funding at AXIS. "Anne's strong relationships with underwriters and
distribution partners make her uniquely qualified to serve as our Global
Head of Ceded Re, working closely with our placement leads, Wasner
Martinez and Neil Cottington, in the creation and execution of our
global ceded reinsurance strategy. We look forward to the contributions
that Anne will make in growing our business."

Ms. Kelly joins AXIS with 30 years of (re)insurance industry experience.
She was previously Second Vice President at Travelers, where she managed
all phases of the reinsurance placement process for many of the
company's internal customers. She has also held underwriting roles at
Shelby Insurance and Chubb.

Ms. Kelly will be based in New York and will report to Mr. Rubin.

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global provider
of specialty lines insurance and treaty reinsurance with shareholders'
equity at June 30, 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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