AXIS Capital to Participate in Panel at Lehman Brothers Global Reinsurance Briefing Conference December 1, 2004.PEMBROKE, Bermuda -- AXIS Capital Holdings Limited ("AXIS Capital") (NYSE NYSE See: New York Stock Exchange : AXS) announced today that Michael Morrill, 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 of AXIS Reinsurance Company, is scheduled to participate in the "Reinsurance Challenges as Pricing Softens" panel at the Lehman Brothers Global Reinsurance Briefing Conference in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . The panel discussion will take place on Wednesday, December 1, 2004 at 9:00 a.m. Eastern. A live, listen-only webcast of the presentation will be available through the Investor Information section of the AXIS Capital website at www.axiscapital.com. A replay will be available for approximately one month following the presentation. AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders' equity in excess of $3.0 billion and locations in Bermuda, the United States, Europe and Asia. 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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