AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today announced that it will publish the Company’s 2008 Loss Development Triangles after 4 p.m. EST on October 19, 2009. A copy of these documents will be available on the Company’s website at www.axiscapital.com in the Investor Relations section on the Financial Reports page under Supplementary Financial Data.

The data, which covers periods from 2002 through 2008, will be presented on an accident year basis and will include paid, incurred and ultimate losses on a net and gross basis as of December 31, 2008. Loss development triangles will be presented for paid, incurred and ultimate losses on a gross basis. The information for the loss development triangles will be provided for eleven reserving classes of business included within the Company’s two reporting segments, Insurance and Reinsurance.

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance and locations in Bermuda, the United States, Europe, Singapore, Canada and Australia. Its operating subsidiaries have been assigned a rating of “A+” (“Strong”) by Standard & Poor’s and “A” (“Excellent”) by A.M. Best. AXIS Capital has been assigned a senior unsecured debt rating 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 www.axiscapital.com.