SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 18, 2005
(August 17, 2005)
AXIS CAPITAL HOLDINGS LIMITED
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(Exact name of registrant as specified in its charter)
Bermuda 001-31721 98-0395986
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
106 Pitts Bay Road
Pembroke, Bermuda HM 08
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number,
including area code: 441-296-2600
Not Applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
Items 8.01 Other Events
On August 17, 2005, AXIS Capital Holdings Limited (the "Company")
entered into an underwriting agreement by and among the Company, Merrill
Lynch, Pierce, Fenner & Smith Incorporated and the selling shareholder listed
on Schedule I thereto (the "Selling Shareholder") for the sale of 1,850,000
common shares, par value $0.0125 of the Company (the "Common Shares") held by
the Selling Shareholder and attached to this report as Exhibit 1.1. The Common
Shares will be sold under the Company's Form S-3 shelf registration statement
(File No. 333-118023). The Company will not receive any proceeds from the sale
of the Common Shares by the Selling Shareholder.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits.
1.1 Underwriting Agreement, dated August 17, 2005, by and among the
Company, Merrill Lynch, Pierce, Fenner & Smith Incorporated, as
underwriter and the selling shareholder named in Schedule I thereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: August 18, 2005 AXIS CAPITAL HOLDINGS LIMITED
By: /s/ Carol S. Rivers
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Carol S. Rivers
General Counsel and Secretary
EXHIBIT INDEX
Exhibit
Number Description of Document
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1.1 Underwriting Agreement, dated August 17, 2005, by and among
the Company, Merrill Lynch, Pierce, Fenner & Smith
Incorporated, as underwriter and the selling shareholder
named in Schedule I thereto.