AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS) today announced that its wholly owned subsidiary AXIS Re SE was granted a license by the Dubai Financial Services Authority on December 8, 2015, to establish a representative office in the Dubai International Financial Centre.

The AXIS Re SE Dubai Representative Office will focus on marketing accident and health specialty reinsurance in the Middle East and Africa.

AXIS Re SE is a composite reinsurance company headquartered in Ireland, which is authorized and regulated by the Central Bank of Ireland to carry on non-life and life reinsurance business.

About AXIS Capital

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders' equity attributable to AXIS Capital at September 30, 2015 of $5.8 billion and locations in Bermuda, the United States, Europe, Singapore, Canada, Australia and Latin America. Its operating subsidiaries have been assigned a rating of "A+" ("Strong") by Standard & Poor's and "A+" ("Superior") by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com.

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