AXIS Capital Reschedules Teleconference for May 3, 2005 to Discuss First Quarter 2005 Financial Results.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 ) announced today that due to scheduling conflicts, the company now plans to release financial results for the first quarter ended March 31, 2005, on Monday, May 2, 2005, after the close of the financial markets, one day ahead of the previously announced date. John Charman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President, and Andrew Cook, CFO See Chief Financial Officer. , will host an investment community teleconference, including a question and answer period, on Tuesday, May 3, 2005, at 8:30 AM (Eastern) to discuss the first quarter results and related matters. Dial-in details for the teleconference remain the same. Callers can access it by dialing (800) 291-5365 (U.S. callers) or (617) 614-3922 (international callers) and entering the pass code 52796206 approximately ten minutes in advance of the call. A live, listen-only webcast of the call will be available via the Investor Information section of the Company's website at www.axiscapital.com. A replay of the teleconference will be available through Thursday, May 19, 2005, by dialing (888) 286-8010 (U.S. callers) or (617) 801-6888 (international callers) and entering the pass code 37176262. The webcast will be archived in the Investor Information section of the Company's website through Thursday, May 26, 2005. 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 in excess of $3.2 billion at December 31, 2004 and locations in Bermuda, the United States, Europe and Singapore. 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. AXIS Capital has been assigned a senior unsecured debt rating of Baa1 (stable) by Moody's Investors Service Moody's Investors Service A leading global credit rating, research and risk analysis firm. Moody's Investors Service A leading firm engaged in credit rating, risk analysis, and research of fixed-income securities and their issuers. and BBB BBB A medium grade assigned to a debt obligation by a rating agency to indicate an adequate ability to pay interest and repay principal. However, adverse developments are more likely to impair this ability than would be the case for bonds rated A and above. + (stable) by Standard & Poor's. For more information about AXIS Capital, visit the Company's website at www.axiscapital.com. |
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