AXIS Capital Holdings Ltd | 5.50% SERIES E PREFERRED SHARE (AXS.PRE)
Prospectus excerpt: We are selling 22,000,000 depositary shares (the ôdepositary sharesö) each representing a 1/100th interest in a share of our 5.50% Series E Preferred Shares, par value $0.0125 per share (the ôSeries E Preferred Sharesö). Each depositary share entitles the holder, through the depositary, to a proportional fractional interest in all rights, powers and preferences of the Series E Preferred Share represented by the depositary share. You must exercise these rights through the depositary.
AXIS Capital Holdings is a holding company. Co. provides a range of specialty lines insurance and treaty reinsurance solutions to its clients through operating subsidiaries and branch networks. Co.'s insurance segment provides insurance products to a variety of markets and its lines of business include property, marine, terrorism, aviation, credit and political risk, professional lines, liability, and accident and health. Co.'s reinsurance segment provides treaty reinsurance to insurance companies and its lines of business include catastrophe, property, professional lines, credit and surety, motor, liability, agriculture, engineering, marine and aviation, and accident and health.
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