AXIS Capital Declares Quarterly Dividends and Announces New Share Repurchase Authorization

Dividend Announcements - AXIS Capital has declared a quarterly dividend of $0.44 per common share, payable on April 15, 2026, to shareholders of record as of March 31, 2026 [1] - A dividend of $34.375 per Series E 5.50% preferred share (equivalent to $0.34375 per depositary share) has also been declared, payable on the same date to shareholders of record as of March 31, 2026 [2] Share Repurchase Program - The Board of Directors has approved a new share repurchase program, authorizing the purchase of up to $300 million of the Company's common shares [3] - This new program supplements an existing share repurchase program, which had $112 million remaining as of December 31, 2025 [3] - The new share repurchase program is open-ended, allowing for opportunistic repurchases based on various market and economic conditions [4] Company Overview - AXIS Capital is a global specialty underwriter and provider of insurance and reinsurance solutions, with shareholders' equity of $6.4 billion as of December 31, 2025 [5] - The Company operates in multiple locations, including Bermuda, the United States, Europe, Singapore, and Canada [5] - AXIS Capital's operating subsidiaries have received strong financial strength ratings of "A+" from Standard & Poor's and "A" from A.M. Best [5]