EX-4.1



 Exhibit 4.1 
  

			
	5.50% SERIES E PREFERRED SHARES	  	5.50% SERIES E PREFERRED SHARES
		
	ORGANIZED UNDER THE LAWS OF BERMUDA	  	See reverse for certain definitions

 AXIS CAPITAL HOLDINGS LIMITED 

5.50% SERIES E PREFERRED SHARES 
 This Certifies
that
                                        

 is the registered owner of
                                        

 FULLY PAID AND NON-ASSESSABLE 5.50% SERIES E PREFERRED SHARES, PAR VALUE OF U.S. $0.0125 PER SHARE, OF 

AXIS CAPITAL HOLDINGS LIMITED transferable on the books of the Company by the holder hereof in person or by duly authorized attorney upon surrender of this
Certificate properly endorsed. This Certificate and the shares represented hereby are issued under and shall be subject to all the provisions of the Memorandum of Association and Bye-Laws of the Company and the Certificate of Designations approved
by the Board of Directors of the Company and any amendments thereto, copies of which are on file with the Transfer Agent, to all of which the holder by acceptance hereof assents. This Certificate is not valid until countersigned and registered by
the Transfer Agent and Registrar. 
 WITNESS the seal of the Company and the facsimile signatures of its duly authorized officers. 

Dated:                      

 

					
	  
	 		 	  

	James O’Shaughnessy	 		 	Jose Osset
	Executive Vice President, Chief	 		 	Sr. Vice President and Treasurer
	Accounting Officer and Controller	 		 	

 COUNTERSIGNED AND REGISTERED: 

COMPUTERSHARE TRUST COMPANY, N.A., 

TRANSFER AGENT AND REGISTRAR 
  

			
	By:	 	  

		 	Authorized Signature








 The following abbreviations, when used in the inscription on the face of this certificate, shall
be construed as though they were written out in full according to applicable laws or regulations: 
  

							
	TEN COM	  	 -   as tenants in common
	  	 UNIF GIFT MIN ACT             
Custodian             

	TEN ENT	  	 -   as tenants by the entireties
	  	(Cust)	  	   (Minor)

	JT TEN	  	 -   as joint tenants with right of under Uniform Gifts to Minors
survivorship and not as tenants Act                      in

	common (State)	  		  	

 Additional abbreviations may also be used though not in the above list. 

For Value Received,
                     hereby sell, assign and transfer unto 

PLEASE INSERT SOCIAL SECURITY OR OTHER 
 IDENTIFYING NUMBER OF
ASSIGNEE 
 (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS INCLUDING 

POSTAL CODE OF ASSIGNEE) 
  

 
  

 
  

 
 Shares represented by the within
Certificate, and do hereby 
 irrevocably constitute and appoint 
  

 
 Attorney to transfer the said Shares on the books of
the within named Company with full power of substitution in the premises. 
 Dated
                     
  

 
 NOTICE: THE SIGNATURE TO THIS ASSIGNMENT MUST
CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE CERTIFICATE IN EVERY PARTICULAR WITHOUT ALTERATION OR ENLARGE-MENT OR ANY CHANGE WHATEVER. 

Signature(s) Guaranteed: 
  

 
 THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE
INSTITUTION (BANKS, STOCKBROKERS, SAVINGS ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN ANY APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM), PURSUANT TO S.E.C. RULE 17Ad-15. A NOTARY PUBLIC IS NOT SUFFICIENT. 







 KEEP THIS CERTIFICATE IN A SAFE PLACE. IF IT IS LOST, STOLEN, MUTILATED OR DESTROYED, THE COMPANY WILL REQUIRE A
BOND OF INDEMNITY AS A CONDITION TO THE ISSUANCE OF A REPLACEMENT CERTIFICATE.