Kuhn Appointed Chief Underwriting Officer

November 15, 2011

Bermuda’s AXIS Capital Holdings Limited yesterday [Nov.14] announced that John [Jack] Kuhn has been promoted to the new role of Chief Underwriting Officer of AXIS Insurance.

In this position, Mr. Kuhn has responsibility for global property and casualty underwriting operations within AXIS Insurance and reports to Jack Gressier, Chairman of AXIS Insurance.

As CUO of AXIS Insurance, Mr. Kuhn is responsible for the establishment and oversight of underwriting policy and the deployment of capital allocated to AXIS Insurance. He also continues to serve as Global Practice Leader for AXIS Professional Lines.

Commenting on the appointment, AXIS Insurance chairman Jack Gressier said, “Since joining AXIS in 2003, Jack Kuhn has demonstrated strong leadership and an in-depth understanding of our business.

“I am confident that our Property & Casualty insurance operations will continue to thrive under Jack’s direction, and we look forward to his continued contributions to the further growth and success of our global insurance franchise.”

Mr. Kuhn has over 25 years of insurance underwriting experience. Prior to taking on the CUO role, he was a division head within AXIS Insurance. He also has been Global Practice Leader for AXIS Professional Lines since 2003 when this business was established through a renewal rights transaction with Kemper Financial Insurance Solutions. Formerly, Mr. Kuhn had been President of Kemper Financial Insurance Solutions and was one of the founders of that unit in 1999. He also previously held management and underwriting positions within the Chubb Group of Insurance Companies’ Executive Protection/Executive Risk department.

An active member of the Professional Liability Underwriting Society, Mr. Kuhn served on the PLUS Board of Trustees from 2003 through 2009. He also recently received the PLUS1 Award in recognition for his contributions to advancing the image of the professional liability industry.

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at September 30, 2011 of $5.4 billion and locations in Bermuda, the United States, Europe, Singapore, Canada and Australia.

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