AXIS Capital Announces Publication of the Company's 2016 Loss Development Triangles
AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE:AXS) today announced that it will publish the Company's 2016 Loss
Development Triangles after the financial markets close on June 14, 2017. A copy of this document will be available in the Investor
Relations section of the Company's website, www.axiscapital.com.
The data will be presented as of December 31, 2016 on an accident-year basis and will include paid, incurred and ultimate losses
on a net and gross basis. Development triangles for paid, incurred and ultimate losses will be provided on a net of reinsurance
basis, rather than on the gross basis used in corresponding prior year publications, allowing for a more direct reconciliation
between the triangles and the Company's published net financial information. The information for the development triangles will be
provided for 11 reserving classes of business that fall under the Company's two reportable segments, Insurance and Reinsurance.
About AXIS Capital
AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at
March 31, 2017 of $6.2 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. Please be sure to follow AXIS Capital on LinkedIn.
AXIS Capital Holdings Limited
Investors:
Linda Ventresca, 441-405-2727
investorrelations@axiscapital.com
or
Media:
Joe Cohen, 212-521-4897
joseph.cohen@axiscapital.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20170613006164/en/