# EDGAR Filing Document

**Accession Number:** 0001214816
**File Stem:** 0001214816-26-000120
**Filing Date:** 2026-3
**Character Count:** 15432
**Document Hash:** f91f3bce1cc69b8d0f64ef9bf3780268
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001214816-26-000120.hdr.sgml**: 20260324

**ACCESSION NUMBER**: 0001214816-26-000120

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260323

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260324

**DATE AS OF CHANGE**: 20260324

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AXIS CAPITAL HOLDINGS LTD
- **CENTRAL INDEX KEY:** 0001214816
- **STANDARD INDUSTRIAL CLASSIFICATION:** FIRE, MARINE & CASUALTY INSURANCE [6331]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-31721
- **FILM NUMBER:** 26786781

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 29 RICHMOND ROAD
- **STREET 2:** 3RD FLR
- **CITY:** PEMBROKE
- **PROVINCE COUNTRY:** D0
- **ZIP:** HM 08
- **BUSINESS PHONE:** (441)496-2600

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 29 RICHMOND ROAD
- **STREET 2:** 3RD FLR
- **CITY:** PEMBROKE
- **PROVINCE COUNTRY:** D0
- **ZIP:** HM 08

?xml version='1.0' encoding='ASCII'? axs-20260323

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K** 

**Current Report**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): March 23, 2026**

**AXIS CAPITAL HOLDINGS LIMITED**

*(Exact Name Of Registrant As Specified In Charter)*

---

| | | |
|:---|:---|:---|
| **Bermuda** | **001-31721** | **98-0395986** |
| (State of Incorporation) | (Commission File No.) | (I.R.S. Employer<br>Identification No.) |

---

**29 Richmond Road, 3rd Flr** 

 **Pembroke, Bermuda HM 08** 

(Address of principal executive offices, including zip code)

**(441) 496-2600** 

(Registrant's telephone number, including area code)

**Not applicable**

(Former name or address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e(4)(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common shares, par value $0.0125 per share | AXS | New York Stock Exchange |
| Depositary shares, each representing a 1/100th interest in a 5.50% Series E preferred share | AXS PRE | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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| | |
|:---|:---|
| **Item 1.01** | **Entry into a Material Definitive Agreement** |

---

Pursuant to an Amendment Agreement dated March 23, 2026, AXIS Specialty Limited, AXIS Re SE, AXIS Specialty Europe SE, AXIS Insurance Company, AXIS Surplus Insurance Company, and AXIS Reinsurance Company (the "Companies"), each a subsidiary of AXIS Capital Holdings Limited, a Bermuda company, amended their existing $300 million secured letter of credit facility with Citibank Europe plc to reduce the aggregate secured capacity to $250 million and extend the tenors of issuable letters of credit to March 31, 2028 (the "Amendment"). The Companies remain party to the uncommitted secured letter of credit facility with Citibank Europe plc, dated March 26, 2024, as amended, the terms of which otherwise remain unchanged by the Amendment.

The description of the Amendment contained herein is qualified in its entirety by reference to the full text of the Amendment, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

---

| | |
|:---|:---|
| **Item 2.03** | **Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant** |

---

The information set forth in Item 1.01 above is hereby incorporated by reference under this Item 2.03.

---

| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits** |

---

(d) Exhibits

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| | |
|:---|:---|
| Exhibit Number | Description of Document |
| <u>[10](citi_axisxamendmentagreeme.htm)[.1](citi_axisxamendmentagreeme.htm)</u> | <u>[Amendment Agreement dated March 23, 2026, by and among AXIS Specialty Limited, AXIS Re SE, AXIS Specialty Europe SE, AXIS Insurance Company, AXIS Surplus Insurance Company, AXIS Reinsurance Company and Citibank Europe plc.](citi_axisxamendmentagreeme.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: March 24, 2026

---

| | |
|:---|:---|
| **AXIS CAPITAL HOLDINGS LIMITED** | **AXIS CAPITAL HOLDINGS LIMITED** |
| By: | /s/ G. Christina Gray-Trefry |
|  | G. Christina Gray-Trefry |
|  | General Counsel and Secretary |

---

## Exhibit 10.1

**AMENDMENT AGREEMENT**

Dated: March 23, 2026

**Between:**

(1)&nbsp;&nbsp;&nbsp;&nbsp;Citibank Europe plc (the "**Bank**");

(2)&nbsp;&nbsp;&nbsp;&nbsp;AXIS Specialty Limited ("**ASL**");

(3)&nbsp;&nbsp;&nbsp;&nbsp;AXIS Re SE (formerly, AXIS Re Limited);

(4)&nbsp;&nbsp;&nbsp;&nbsp;AXIS Specialty Europe SE (formerly, AXIS Specialty Europe Limited);

(5)&nbsp;&nbsp;&nbsp;&nbsp;AXIS Insurance Company;

(6)&nbsp;&nbsp;&nbsp;&nbsp;AXIS Surplus Insurance Company; and

(7)&nbsp;&nbsp;&nbsp;&nbsp;AXIS Reinsurance Company,

(each a "**Party**" and together the "**Parties**", and Parties (2), (3), (4), (5), (6) and (7) each a "**Company**" and together the "**Companies**").

**Committed letter of credit facility letter originally dated 18 December 2015 between, among others, the Bank and the Companies as amended by amendment agreements dated 24 December 2019, 1 April 2021, 29 December 2023 and as amended or amended and restated from time to time, including most recently as amended and restated pursuant to an amendment and restatement agreement dated 26 March 2024 and subsequently amended on 23 March 2025 (the "Committed Facility Letter")**

**1. Background**

1.1.The Parties have entered into the Committed Facility Letter in connection with the Insurance Letters of Credit – Master Agreement (Form 3/CEP) originally dated 14 May 2010 as amended by amendment agreements dated 27 January 2012 and 27 March 2017 and as amended and restated pursuant to an amendment and restatement agreement dated 26 March 2024 (the "**Master Agreement**").

1.2.The Parties hereby agree to certain further amendments to the Committed Facility Letter as detailed in this Agreement on and from the Amendment Effective Date (as defined below).

1.3.The terms and expressions defined in the Committed Facility Letter shall have the same meanings when used in this Agreement unless otherwise indicated.

**2. Amendment Effective Date**

The amendments set out in this Agreement shall take effect on and from the date of this Agreement (the "**Amendment Effective Date**").

**3. Amendments**

3.1.With effect on and from the Amendment Effective Date, the Committed Facility Letter shall be amended as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)The first paragraph of clause 2 shall be amended as follows:

*"The Facility shall be in a maximum aggregate amount of USD 250,000,000 (two hundred and fifty million United States dollars) (the "****Facility Limit****"), with a sublimit of USD 40, 000,000 (forty million United States dollars) for Axis Reinsurance Company".*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)clause 5.2(c) shall be deleted and replaced with the following new clause 5.2 (c):

"*(c) the tenor of the Credit requested to be issued extends beyond, 31 March 2028 and/or*"

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)a definition of "Availability Period" shall be deleted and replaced with the following new definition of Availability Period:

*"****Availability Period****" means the period starting on and from the Effective Date to and including 31 March 2027.*"

**4. Company confirmations and representations**

4.1&nbsp;&nbsp;&nbsp;&nbsp;Without prejudice to the Bank's rights that have arisen on or before the Amendment Effective Date, each Company confirms that, on and after the Amendment Effective Date:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;save as expressly amended by this Agreement, the Committed Facility Letter will remain in full force and effect and will be read and construed as one document with this Agreement and all references to the Committed Facility Letter shall be deemed to incorporate the relevant amendments contained within this Agreement and all references in the Committed Facility Letter to "this Letter" and like references shall with effect from the Amendment Effective Date be references to the Committed Facility Letter as amended by this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;each other Facility Document to which it is a party will remain in full force and effect; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;each Security Document to which it is a party will remain in full force and effect and will secure and will continue to secure all liabilities which are expressed to be secured by it, including (on and after the Amendment Effective Date) all of its (and in respect of ASL, each other Company's) liabilities under the Committed Facility Letter as amended by this Agreement.

4.2&nbsp;&nbsp;&nbsp;&nbsp;Each Company makes the representations and warranties set out in clause 3 (*Representations and warranties*) of the Master Agreement and clause 7 (*Representations and Warranties*) of the Committed Facility Letter on the Amendment Effective Date, in each case by reference to the facts and circumstances then existing, and on the basis that any reference in those clauses to "this Agreement", "this Letter" or "the Facility Documents" (or any equivalent reference) shall be construed so as to include this Agreement and the Committed Facility Letter as amended by this Agreement.

4.3&nbsp;&nbsp;&nbsp;&nbsp;The Companies shall, at the request of the Bank, do all such acts necessary or desirable to give effect to the amendments effected or to be effected pursuant to the terms of this Agreement.

**5. Costs and expenses**

Each Party shall bear its own costs and expenses in relation to the amendments agreed pursuant to the terms of this Agreement.

**6. Facility Document**

6.1 The Parties designate this Agreement as a Facility Document.

6.2&nbsp;&nbsp;&nbsp;&nbsp;The Parties agree that any provision of the Committed Facility Letter that applies to a Facility Document shall apply to this Agreement as if set out in full in this Agreement (save to the extent that such provision would be inconsistent with the terms of this Agreement) and so that references in any such provision to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;"this Agreement", "the Facility Documents" or a "Facility Document" shall be construed so as to include this Agreement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;"the Parties" or a "Party" shall be construed as references to the parties or a party (as the case may be) to this Agreement.

**7. Counterparts** 

------

This Agreement may be executed in counterparts, each of which shall be deemed to be an original, and all such counterparts taken together shall constitute one and the same agreement.

**8. Third party rights**

No person who is not a Party shall have any right to enforce any provision of this Agreement under the Contracts (Rights of Third Parties) Act 1999.

**9. Governing law**

This Agreement (and any non-contractual obligation, dispute, controversy, proceedings or claim of whatever nature arising out of it or in any way relating to this Agreement or its formation) shall be governed by and construed in accordance with English law. The Parties irrevocably submit the jurisdiction of the English Courts in respect of any dispute which may arise from or in connection with this Agreement.

**This Agreement shall take effect on and from the date stated at the beginning of it.**

*[Signatures follow]*

------

**Signatories to the Amendment Agreement**

**The Companies**

Signed for and on behalf of**<br>AXIS Specialty Limited** by**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**

<u>/s/ Jamie Steeves</u>

Name: Jamie Steeves

Position: Director

Signed for and on behalf of**<br>AXIS Re SE** (formerly AXIS Re Limited) by**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**

<u>/s/ Helen O'Sullivan</u>

Name:Helen O'Sullivan

Position: Director

Signed for and on behalf of**<br>AXIS Specialty Europe SE** by**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**

<u>/s/ Helen O'Sullivan</u>

Name: Helen O'Sullivan

Position: Director

Signed for and on behalf of**<br>AXIS Insurance Company** by**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**

<u>/s/ Andrew Weissert</u>

Name: Andrew Weissert

Position: Director

Signed for and on behalf of**<br>AXIS Surplus Insurance Company** by**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**

<u>/s/ Andrew Weissert</u>

Name: Andrew Weissert

Position: Director

------

Signed for and on behalf of**<br>AXIS Reinsurance Company** by**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**

<u>/s/ Andrew Weissert</u>

Name: Andrew Weissert

Position: Director

**The Bank**

For and on behalf of**<br>Citibank Europe Plc**

<u>/s/ Niall Tuckey</u>

Name: Niall Tuckey

Position: Director

<br>