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AXIS Capital Declares Quarterly Dividend of $0.125 Per Share.


PEMBROKE, Bermuda -- AXIS Capital Holdings Limited ("AXIS Capital") (NYSE NYSE

See: New York Stock Exchange
: AXS AXS Access
AXS Anomalous X-Ray Scattering
AXS Alpha Chi Sigma
AXS Alpha X-Ray Spectrometer
AXS Activex Script
) today announced that its Board of Directors has declared a quarterly dividend of $0.125 per ordinary share. The dividend is payable on July 14, 2004 to shareholders of record at the close of business on June 30, 2004.

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract.  with shareholders' equity Shareholders' Equity

A firms' total assets minus its total liabilities. Equivalently, it is share capital plus retained earnings minus treasury shares. Shareholders' equity is the amount by which a company is financed through common and preferred shares.
 of approximately $3.0 billion and locations in Bermuda, the United States and Europe. Its operating subsidiaries have been assigned a rating of "A" ("Excellent") by A.M. Best and a rating of "A" ("Strong") by Standard & Poor's. For more information about AXIS Capital, visit the Company's website at www.axiscapital.com.
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Publication:Business Wire
Geographic Code:5BERM
Date:Jun 16, 2004
Words:118
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