AXIS Capital Holdings Limited (AXIS Capital) is a Bermuda-based holding company for the AXIS group of companies. Through its various operating subsidiaries and branches, the Company provides a range of insurance and reinsurance products to insureds and reinsureds worldwide with operations in Bermuda, the United States and Europe. Its business consists of two global underwriting platforms: AXIS Insurance and AXIS Re. The Company operates through two business segments: insurance and reinsurance. During the year ended December 31, 2008, the Company established new underwriting branches in Singapore, Australia and Canada. In January 2009, the Company purchased Dexta Corporation Pty Ltd, an underwriting agency in Australia.