PEMBROKE, Bermuda--(BUSINESS WIRE)--Jun 12, 2019--

AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS), announced today the hiring of Joe Sweeting as Head of Lloyd’s Casualty Reinsurance. In this role, Mr. Sweeting will be responsible for managing all aspects of AXIS Re’s casualty business at Lloyd’s, including portfolio strategy, new and renewal production activity and distribution development from reinsurance intermediaries.

“Joe is an exceptional reinsurance underwriting leader and someone who possesses a keen understanding of the intricacies and trends that shape the Lloyd’s casualty reinsurance market,” said Ann Haugh, President Global Markets at AXIS Re. “As we continue to grow our reinsurance presence in the London market, as part of AXIS Syndicate 1686, Joe will bring both technical knowledge and strategic leadership to help deliver profitable growth.”

Mr. Sweeting joins AXIS from Vibe Syndicate 5678, where he spent more than three years as a Casualty Treaty Class Underwriter. Prior to that, he was Head of Casualty Reinsurance for Hiscox Syndicate 33 and a Casualty Underwriter for Amlin Syndicate 2001. Mr. Sweeting is a Chartered Insurer and an Associate of the Chartered Insurance Institute.

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at March 31, 2019, of $5.3 billion and locations in Bermuda, the United States, Europe, Singapore, Middle East, Canada and Latin America. Its operating subsidiaries have been assigned a rating of "A+" ("Strong") by Standard & Poor's and "A+" ("Superior") by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com. Follow AXIS Capital on LinkedIn and Twitter.

About AXIS Re

AXIS Re – the reinsurance business segment of AXIS Capital Holdings Limited (NYSE:AXS) – provides reinsurance to insurance companies on a worldwide basis, comprising catastrophe, property, professional lines, credit and surety, motor, general liability, engineering, marine, workers’ compensation, agriculture, and accident and health, as well as other highly specialized risk-transfer solutions. For more information about AXIS Re, please visit www.axiscapital.com/reinsurance.

CONTACT: Investors

Matt Rohrmann

AXIS Capital Holdings Limited

(212) 940-3339

Media

Keith Trivitt

AXIS Capital Holdings Limited

(212) 715-3557

KEYWORD: BERMUDA CARIBBEAN

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE INSURANCE

SOURCE: AXIS Capital Holdings Limited

Copyright Business Wire 2019.

PUB: 06/12/2019 04:59 AM/DISC: 06/12/2019 04:59 AM

Copyright Business Wire 2019.

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