AXIS Names Robert Quane as Head of Underwriting and Portfolio Optimization

PEMBROKE, Bermuda–(BUSINESS WIRE)–AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS), today
announced the hiring of Robert “Bob” Quane as Head of Underwriting and
Portfolio Optimization. In this newly created role, Mr. Quane will be
responsible for leading the Company’s Group Underwriting function, while
working in partnership with its business segments. This will include
establishing and maintaining AXIS’ group-wide underwriting framework,
guidelines and policies, in addition to overseeing its portfolio
optimization process. Mr. Quane will also manage the Company’s
group-wide exposure-management and underwriting risk frameworks and
chair its peril/product boards. He will report to Eric Gesick, Group
Chief Underwriting Officer at AXIS, and will be based in the Company’s
New York office.

“Bob is a proven global insurance leader with extensive underwriting
experience spanning a range of business lines across multiple
international markets,” said Mr. Gesick. “Working alongside the
leadership in our business segments, Bob’s experience and expertise will
be key to helping us shape and implement a more rigorous and disciplined
approach to underwriting and underwriting risk management.”

Mr. Quane joins AXIS following a 22-year career at AIG where he held
several underwriting management and actuarial positions. Most recently,
he was Head of Global Commercial Property at AIG, following time spent
serving as the company’s Head of Global Group Personal Insurance and
Chief Operating Officer for International Personal Lines. Mr. Quane
worked variously in AIG’s New York, Paris, London and Frankfurt offices,
including roles as Head of European Commercial Lines Auto and Head of
Regional Risk Management for UK and Ireland. He started his insurance
career in actuarial roles for Allstate Insurance.

Mr. Quane is a Fellow of the Casualty Actuarial Society, a member of the
American Academy of Actuaries and a Member of the Actuarial Advisory
Board at the University of Illinois.

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global provider
of specialty lines insurance and treaty reinsurance with shareholders’
equity at December 31, 2018, of $5 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.

Contacts

Investor Contact
Matt Rohrmann
AXIS Capital Holdings
Limited
investorrelations@axiscapital.com
(212)
940-3339

Media Contact
Keith Trivitt
AXIS Capital Holdings
Limited
keith.trivitt@axiscapital.com
(212)
715-3557