AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS) today announced that Matt LoPiccolo has joined AXIS Insurance as U.S. Distribution Manager. This is a position that will report directly to Edward Ashby, Head of Distribution for AXIS Insurance. Mr. LoPiccolo will be based in New York.

Commenting on the appointment, Mr. Ashby said, "Over the last few years AXIS has invested heavily in its distribution operations in an effort to keep up with the increased use of data and analytics by both brokers and carriers. The appointment of Matt, with his experience and knowledge of the market, will allow us to foster deeper, stronger and more relevant relationships with our distribution partners."

Mr. LoPiccolo has nearly twenty years of experience in the insurance industry and joins AXIS Insurance after nine and a half years at American International Group Inc. ("AIG"). He was most recently the Senior Vice President of Client & Broker Engagement for AIG's global Commercial Insurance business and previously held sales and management positions of increasing responsibility within AIG's U.S. Commercial Insurance operations. Prior to joining AIG, he spent ten years in the insurance brokerage community where he held various positions within Marsh & McLennan's Environmental Practice and was the Director of Environmental Risk Management for Thomas Rutherfoord, Inc.

Mr. LoPiccolo is a licensed property and casualty insurance broker in the state of New Jersey. He received a Bachelor of Arts degree from Hamilton College and a Master of Business Administration degree from the New York University Leonard N. Stern School of Business.

About AXIS Capital

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders' equity at March 31, 2016 of $6.0 billion and locations in Bermuda, the United States, Europe, Singapore, Middle East, Canada 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. Please be sure to follow AXIS Capital on  LinkedIn.

About AXIS Insurance

AXIS Insurance—a business segment of AXIS Capital Holdings Limited (NYSE:AXS)—provides Property & Casualty, Professional Lines, Terrorism, Marine, Energy, Aviation, Credit & Political Risk, Environmental, Accident & Health coverages and other customized insurance solutions. Our products are offered through our distribution partners, which include wholesale brokers, retail brokers and designated managing general agents/underwriters ("MGAs"/"MGUs") in the U.S. and abroad. Coverages are backed by the financial strength and security of the AXIS Insurance Companies, rated "A+" (Strong) by Standard & Poor's and "A+" (Superior) XV by A.M. Best. For more information, visit our website at http://www.axiscapital.com/en-us/insurance.

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