Richard Phillips, chosen to be the Senior Vice President and Chief Underwriting Officer for North American Reinsurance

Princeton , May 25, 2014 AXIS Global Accident & Health has announced that Richard Phillips, of New Jersey, will be joining AXIS as the SVP and Chief Underwriting Officer for the North America Reinsurance Division. He has over a decade of experience managing and working with reinsurance and underwriting. From 2001-2009 Rich served as Vice President of underwriting for Munich Reinsurance America Inc. and has been the President of the Reinsurance Division since 2009. He brings a wealth of knowledge and understanding for the different elements of the industry. Rich will influence the US broking fraternity and potential new client base. He has valuable prestigious connections and relationships with various brokers and cedents in the North America market that should prove helpful in the future, especially with accomplishing the GWP target over the next 3-5 years. Rich Phillips should have an excellent impact on the Global Health team run by Patrick Collins who he has worked with in Munich Re Health in the past. About AXIS Global Accident & Health AXIS Global Accident & Health provides accident and health insurance along with reinsurance cover for employees, affinity groups, financial institutions, and other customers. In addition, AXIS works with brokers, third party administrators, underwriters, insurance carriers, and other distributors throughout the world. Our business is primarily conducted in key offices in Princeton, New Jersey, Chicago, Illinois, London, England, and Dublin, Ireland. AXIS Global Accident & Health provides customized yet flexible accident and health products to the global market through innovative product development. We also offer novel alternatives to traditional insurance carriers. AXIS continuously strives to find new opportunities for tactical partnerships and expansion. For more information, please visit www.AXISaccidenthealth.com. About AXIS Capital Holdings Limited AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with locations in Bermuda, the United States, Europe, Singapore, Canada and Australia. Its operating subsidiaries have been assigned a rating of A+ (Strong) by Standard & Poors and A (Excellent) by A.M. Best. AXIS Capital and AXIS Specialty Finance LLC have been assigned senior unsecured debt ratings of A- (stable) by Standard & Poors and Baa1 (stable) by Moodys Investors Service. For more information about AXIS Capital, visit our website at www.axiscapital.com.