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AXIS Re Promotes Michael Leahey to Head of Agriculture Reinsurance

AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS), today announced the promotion of Michael Leahey to Head of Agriculture Reinsurance, effective July 1. In this role, Mr. Leahey will be responsible for setting the strategy, optimizing our portfolio and leading the underwriting of AXIS Re’s agriculture business. He will continue to be based in Zurich and will report to Ann Haugh, President Global Markets for AXIS Re.

“Michael brings considerable underwriting experience to this role and has a proven track record of success,” said Ms. Haugh. “I am excited for the potential of our agriculture reinsurance business under Michael’s leadership, and congratulate him for this well-deserved promotion.”

Mr. Leahey has worked at AXIS Re since 2017, most recently as a Senior Property Underwriter. From August 2019 to January 2020, he was Interim Head of Property EMEA LatAm. Prior to his work at AXIS, Mr. Leahey held various senior underwriting property and casualty positions in the industry.

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, 2020 of $4.8 billion and locations in Bermuda, the United States, Europe, Singapore, Canada and the Middle East. Its operating subsidiaries have been assigned a rating of "A+" ("Strong") by Standard & Poor's and "A" ("Excellent") 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:

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

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