Company: AXS-PE
Filing Date: 2025-05-05
Form Type: DEFA14A
Source: 0001214816-25-000123
Chunk: 2

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-05-05
Form: DEFA14A
Chunk 2
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 of certain countries in which we operate or underwrite business; • the loss of business provided to us by major brokers; • a decline in our ratings with rating agencies; • the loss of one or more of our key executives; • increasing scrutiny and evolving expectations from investors, customers, regulators, policymakers and other stakeholders regarding environmental, social and governance matters; • the adverse impact of contagious diseases on our business, results of operations, financial condition, and liquidity; Readers should carefully consider the risks noted above together with other factors including but not limited to those described under Item 1A, 'Risk Factors' in our most recent Annual Report on Form 10- K filed with the Securities and Exchange Commission ("SEC"), as those factors may be updated from time to time in our periodic and other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Credit and Market Risk • the inability to purchase reinsurance or collect amounts due to us from reinsurance we have purchased; • the failure of our policyholders or intermediaries to pay premiums; • breaches by third parties in our program business of their obligations to us; Liquidity Risk • the inability to access sufficient cash to meet our obligations when they are due; Operational Risk • changes in accounting policies or practices; • difficulties with technology and/or data security; • the failure of the processes, people or systems that we rely on to maintain our operations and manage the operational risks inherent to our business, including those outsourced to third parties; Regulatory Risk • changes in governmental regulations and potential government intervention in our industry; • inadvertent failure to comply with certain laws and regulations relating to sanctions, foreign corrupt practices, data protection and privacy; and Risks Related to Taxation • changes in tax laws.

Overview & Financial Highlights

AXIS At a Glance 4 Our strategic focus is on Specialty products: Risk transfer that requires dedicated, tailored underwriting expertise delivered through differentiated distribution channels and customer profiles 73 27 % Insurance Reinsurance Annualized Operating ROACE2 19.2% Total capital3 $7.2 billion Financial strength rating A/A+ AM Best/S&P Debt to total capital3 18.2% Represented in 19 offices worldwide With nearly 1900 employees Insurance $6.7 billion Reinsurance $2.4 billion $9.1 billion 1 GPW, last twelve months ended 3/31