AXIS Capital to Host Teleconference to Discuss First Quarter 2006 Financial Results.PEMBROKE, Bermuda -- AXIS Capital Holdings Limited ("AXIS Capital") (NYSE NYSE See: New York Stock Exchange : AXS) today announced that it expects to release financial results for the first quarter ended March 31, 2006, on Thursday, May 4, 2006, after the close of the financial markets. 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, will host an investment community teleconference, including a question and answer period, on Friday, May 5, 2006, at 8:00 AM (Eastern) to discuss the first quarter results and related matters. The teleconference can be accessed by dialing (800) 591-6923 (U.S. callers) or (617) 614-4907 (international callers) and entering the pass code 40007235 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 Friday, May 19, 2006, by dialing (888) 286-8010 (U.S. callers) or (617) 801-6888 (international callers) and entering the pass code 72752201. The webcast will be archived in the Investor Information section of the Company's website through Friday, May 26, 2006. 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 at December 31, 2005 in excess of USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 3.5 billion 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 our website at www.axiscapital.com. |
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