AXIS Accident & Health Expands Presence In Dubai Market; Appoints Anees Ahmad As VP, Business Development Manager

AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS) today announced that Anees Ahmad has joined AXIS Accident & Health, a leading provider of accident, specialty health and travel-related insurance and reinsurance, as Vice President and Business Development Manager for its Middle East and North Africa (MENA) reinsurance business.

Mr. Ahmad works out of AXIS Capital's office in the Dubai International Financial Centre and reports to Rob Smart, Senior Vice President, International Reinsurance of AXIS Accident & Health. Mr. Ahmad is the second Accident & Health hire in Dubai in recent months, and he works alongside Christian Romieh, who in August was appointed with the same title, to develop and manage business production for reinsurance in the MENA region.

"I am enthusiastic about the growth of our A&H Team in Dubai, our increased reinsurance market presence in the MENA region, and the momentum behind our expansion initiative," noted Mr. Smart. "Anees is an important addition to the team, as he brings proven experience in the region and an established track record of success."

Mr. Ahmad has spent the entirety of his career in Dubai working in medical reinsurance. Most recently, he served as Regional Underwriter, Middle East & Africa for MunichRe. He previously worked as an Assistant Manager, Technical & Policy Maintenance for Middle East, MedNet (Munich Health). Mr. Ahmad received his MS in Economics from the University of Peshawar, Pakistan.

About AXIS Capital

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders' equity at September 30, 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 Accident & Health

AXIS Accident & Health, headquartered in Princeton, NJ, delivers worldwide accident, specialty health and travel-related insurance and reinsurance solutions through leading product, underwriting and claims specialists across the globe with decades of focused experience. For more information about AXIS Accident & Health, please visit www.axiscapital.com/en-us/accident-health.

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