AXIS Launches North American Inland Marine Unit Led by Kristen Hunter

PEMBROKE, Bermuda August 24, 2023 - AXIS Capital Holdings Limited ("AXIS Capital" or "AXIS" or the "Company") (NYSE: AXS) today announced the launch of an Inland Marine unit in North America as part of the Company's expansion of its specialty product offering and capabilities in the region.

The new unit will be led by Kristen Hunter, who joins AXIS as Head of Inland Marine, North America today (August 24), reporting to Mike McKenna, Head of North America, AXIS.

"Kristen is a highly talented and proven leader who has the specialty underwriting acumen and portfolio management experience to launch, develop, and profitably grow our new North American Inland Marine business unit," said Mr. McKenna. "The launch of this unit speaks to the priority AXIS continues to place on growing our global product capabilities and investing in our US platform to meet the emerging needs and opportunities that we are seeing in the marketplace."

Previously Ms. Hunter worked at Berkshire Hathaway where she was Vice President, Marine, and Inland Marine Unit Leader. Prior to that, she held senior underwriting roles in Inland Marine at Brit, XL Catlin, Hiscox, and Fireman's Fund Insurance Company.

Ms. Hunter will be joined by Ciara Nolan, Sinead O'Shea, and Saoirse McNulty, who will serve in underwriting roles in the new team, and who were previously part of Ms Hunter's team at Berkshire Hathaway. All will be based in Boston, other than Ms. Nolan who will be based in the AXIS New York office.

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions. The Company has shareholders' equity of $5.0 billion at June 30, 2023, and locations in Bermuda, the United States, Europe, Singapore and Canada. Its operating subsidiaries have been assigned a financial strength 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.

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