AXIS CAPITAL HOLDINGS LIMITED (NYSE:AXS) Files An 8-K Results of Operations and Financial Condition

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AXIS CAPITAL HOLDINGS LIMITED (NYSE:AXS) Files An 8-K Results of Operations and Financial Condition
Item 2.02

Results of Operations and Financial Condition.

On January 29, 2018, AXIS Capital Holdings Limited, a Bermuda company ("the Company"), made available on its website certain balance sheet information for Novae Group plc ("Novae") including fair value adjustments relating to purchase accounting as of October 2, 2017. In addition, the Company made available on its website supplemental financial information presenting unaudited historical financial information for Novae for the nine months ended September 30, 2017 and the quarterly periods therein. On October 2, 2017, the Company acquired the entire issued and to be issued share capital of Novae. Copies of the balance sheet information and supplemental historical information for Novae are furnished as Exhibits 99.1 and 99.2, respectively, and incorporated herein by reference.

The information in this Item 2.02 of this Current Report on Form 8-K and Exhibits 99.1 and 99.2 is being furnished to Item 2.02 of Form 8-K and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 2.02

Regulation FD Disclosure

On January 29, 2018 the Company issued a press release announcing that it has entered into an agreement for the Reinsurance to Close of the 2015 and prior years of account for Syndicate 2007. A copy of the press release is furnished as Exhibit 99.3 and is incorporated herein by reference.

The information in this Item 2.02 of this Current Report on Form 8-K and Exhibit 99.3 is being furnished to Item 2.02 of Form 8-K and shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 2.02

Financial Statements and Exhibits

(d) Exhibits

Exhibit No.

Description

Unaudited Balance Sheet Information of Novae Group plc

Unaudited Historical Financial Information of Novae Group plc

Press Release dated January 29, 2018

EXHIBIT INDEX

Exhibit Number

Description of Document

Unaudited Balance Sheet Information of Novae Group plc

Unaudited Historical Financial Information of Novae Group plc

Press Release dated January 29, 2018


AXIS CAPITAL HOLDINGS LTD Exhibit
EX-99.1 2 balancesheetofnovaegroup.htm EXHIBIT 99.1 Exhibit  AXIS Capital Holdings LimitedAcquisition of Novae Group plc Novae Balance Sheet Information including Details of Fair Value Adjustments at October 2,…
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About AXIS CAPITAL HOLDINGS LIMITED (NYSE:AXS)

AXIS Capital Holdings Limited is a holding company for the AXIS group of companies. The Company provides a range of specialty (re)insurance, through subsidiaries and branch networks- based in Bermuda, the United States, Canada, Europe, Australia and Singapore. It operates in two segments: AXIS Insurance and AXIS Re. Its insurance segment operates through offices in Bermuda, the United States, Canada, Europe, Australia and Singapore and offers specialty insurance products to various markets. Its insurance segment’s offerings include property, marine, terrorism, aviation, professional lines, liability and accident and health. Its reinsurance segment operates through offices in Bermuda, the United States, Switzerland, Singapore, Brazil, and Canada. The reinsurance segment provides non-life reinsurance to insurance companies. Its reinsurance segment’s offering include catastrophe; property; professional lines; credit and surety; motor; liability; engineering, and agriculture.