AXIS Capital CFO David B. Greenfield to Participate in Panel Discussion at the Oppenheimer 2nd Annual CEO Insurance Summit in New York on June 8th 2010

AXIS Capital Holdings Limited ("AXIS Capital”) (NYSE: AXS) announced today that David B. Greenfield, Chief Financial Officer of AXIS Capital, is scheduled to participate in a panel discussion at the Oppenheimer 2^nd Annual CEO Insurance Summit at 8:30 a.m. EDT on Tuesday, June 8, 2010 in New York City.

The theme of the panel discussion is "How Have Recent Natural Catastrophe and Weather Events Impacted the Prospects for Reinsurance Pricing.” A live webcast of the event can be accessed by visiting http://www.veracast.com/webcasts/opco/insurance2010/69102108.cfm.

The webcast will automatically be archived approximately three hours after the live event is completed and it will be available for 90 days thereafter through September 14, 2010. The link above is good for both the live and archived webcast. A webcast of the panel discussion will also be available through the Investor Information section of our website at www.axiscapital.com.

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at March 31, 2010 of $5.4 billion and locations in Bermuda, the United States, Europe, Singapore, Canada and Australia. Its operating subsidiaries have been assigned a rating of "A+” ("Strong”) by Standard & Poor’s and "A” ("Excellent”) by A.M. Best. AXIS Capital and AXIS Specialty Finance LLC have been assigned senior unsecured debt ratings of A- (stable) by Standard & Poor’s and Baa1 (stable) by Moody’s Investors Service. For more information about AXIS Capital, visit our website at www.axiscapital.com.