AXIS CAPITAL HOLDINGS LTD — Director's Dealing 2011

Feb 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXIS CAPITAL HOLDINGS LTD (AXS)
CIK: 0001214816
Period of Report: 2011-02-07

Reporting Person: CHARMAN JOHN (Director, CEO, President & Deputy Chair)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-07	Common Shares	A	110000	—	Acquired	1897064	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	411304	Indirect
Common Shares	1804908	Indirect

Footnotes

F1: Grant of Restricted Stock.

F2: Mr. Charman disclaims beneficial ownership of the shares held by N.I.M.I.C. International Ltd.

F3: Mr. Charman disclaims beneficial ownership of the shares held by the Dragon Holdings Trust.