AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today announced that it will publish the Company’s 2009 Loss Development Triangles after 4 p.m. EDT on May 11, 2010. 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 will be presented on an accident year basis and will include paid, incurred and ultimate losses on a net and gross basis as at December 31, 2009 together with development triangles for paid, incurred and ultimate losses on a gross basis. The information for the development triangles will be provided for eleven reserving classes of business which fall 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 with shareholders’ equity at March 31, 2010 of $5.4 billion 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.