Pursuant to a Deed of Amendment, dated December 29, 2023, AXIS Specialty Limited, AXIS Re SE, AXIS Specialty Europe SE, AXIS Insurance Company, AXIS Surplus Insurance Company and AXIS Reinsurance Company (the "Companies") amended their existing $500 million secured letter of credit facility with Citibank Europe plc to extend the tenors of issuable letters of credit (i) denominated in a currency other than Australian or New Zealand dollars to March 31, 2025; and (ii) denominated in either Australian dollars or New Zealand dollars to March 31, 2026 (the "Amendment"). The Amendment is effective December 31, 2023. The Companies are subsidiaries of AXIS Capital Holdings Limited, a Bermuda company.
The description of the Amendment contained herein is qualified in its entirety by reference to the full text of the Amendment, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
Axis Capital Holdings Limited published this content on 03 January 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 January 202422:24:31 UTC.
Management Change/Compensation – Form 8-K
Research from University of the Western Cape Provide New Insights into Family Practice (Mistrust in government and National Health Insurance: A qualitative study of solo private practitioners in Cape Town): Health and Medicine – Family Practice
Advisor News
- Tax anxiety is real, although few have a plan to address it
- Trump targets ‘retirement gap’ with new executive order
- Younger investors are engaged and advisors must adapt
- Plugging the hidden budget leaks of retirement
- Hagens Berman: Retired First Responders Sue Washington State over Rights to $3.3B Pension Funds Threatened by Lawmakers
More Advisor NewsAnnuity News
- Transamerica introduces new RILA with optional income features
- Transamerica introduces RILA with optional income features
- American Life expands into Wyoming and Mississippi markets
- Knighthead Life Enters U.S. Fixed Indexed Annuity Market
- The case for DTC/agent hybridization
More Annuity NewsHealth/Employee Benefits News
- Florida state employee health insurance premiums frozen for 2026-27
- Health insurer settles $5M ‘deceptive marketing’ lawsuit with Mass. AG
- Why are rates going up?
- REPUBLICANS DID THAT: Millions of Americans Drop ACA Coverage After GOP Allowed Tax Credits to Expire
- SchoolCare ordered to continue covering Dover school employees
More Health/Employee Benefits NewsLife Insurance News
- National Life Group Names Jason Doiron CEO of NLG Capital to Lead the Next Phase of Growth
- Life insurance sales surge 7% in 2025, but the work isn’t over
- The case for DTC/agent hybridization
- Ann Heiss
- Convertible market dynamics and the portfolio implications for insurers
More Life Insurance News