Axis Capital Holdings Limited · NYSE:AXS
Axis Capital — Shareholder Meeting (April 2020)
11 slides from Axis Capital's shareholder meeting presentation, Apr 23, 2020
Slide 1: Shareholder Outreach Spring 2020
Shareholder Outreach Spring 2020
Slide 2: Safe Harbor Statement
Safe Harbor Statement Statements in this presentation that are not historical facts, including statements regarding our estimates, beliefs, expecta tio ns, intentions, strategies or projections, may be “forward - looking statements” within the meaning of the U.S. federal securities laws, including t
Slide 3: AXIS Capital at a Glance
Pro Lines Property Liability Marine A&H/Other Aviation Credit & Political Risk Terrorism AXIS Capital at a Glance 1 Exchange / Ticker NYSE / “AXS” Market Capitalization 1 $3.0 Billion Gross Premium Written $6.9 Billion Leading Global Underwriter - Excess and surplus lines - Property and casualty lin
Slide 4: A Foundation for Profitable Growth
A Foundation for Profitable Growth 3 • Top 15 Reinsurer (#11), top 10 in E&S Property, E&S Casualty and Lloyd’s, Professional Lines • Focused approach with Top 10 or better leadership positions across many specialty lines • Top 10 status with all key distributors • Deep & long - term relationships w
Slide 5: Focused on Long-Term Value Creation
Focused on Long - Term Value Creation 4 One - Year TSR (1) (1) S&P Capital IQ. Reflects TSR including reinvestment of dividends from 31 - Dec - 2018 through 31 - Dec - 2019. (2) Equal - weight index of 2019 performance peer companies, as disclosed on page 44 of 2020 proxy statement. Executing Agains
Slide 6: Executive Compensation Program Elements
Base Salary • Attract and retain talented executives, and reflect level of responsibility and experience • Annual fixed - cash compensation Annual Incentive • Drive performance consistent with our annual financial goals • 70% Operating Return on Average Common Equity (OROACE) : − Measures rate of re
Slide 7: Responsive to Shareholder Feedback
Responsive to Shareholder Feedback 6 In both fall 2018 and spring 2019, management offered to engage with shareholders representing a majority of shares outstanding to obtain their views on our executive compensation and corporate governance practices What We Heard What We Did in Response (2019 Comp
Slide 8: Strong Compensation & Governance Practices
Strong Compensation & Governance Practices 7 x Set robust goals, ensuring adequate stretch goals within our risk framework x Link performance metrics to strategy to support shareholder value x Provide appropriate mix of fixed and variable pay to reward Company, business unit and individual performan
Slide 9: Highly Qualified Board Provides Effective Oversight
Highly Qualified Board Provides Effective Oversight 8 Benchimol Butt Davis Dowling Greetham Hardwick Ramey Smith Yastine Zeller Zlatkus Public Company x x x x x x x x x x x Digital x x Insurance x x x x x x x x x Reinsurance x x x x x Finance x x x x x x x x x x x Inter
Slide 10: Furthering Our Commitment to Corporate Social Responsibility
Furthering Our Commitment to Corporate Social Responsibility 9 S upport ing charitable causes that align with our values AXIS has long been a values - based organization and in 201 9, we significantly scal ed up our efforts by launching a formalized corporate social responsibility program , overseen
Slide 11: We Ask for Your Support at Our 2020 Annual Meeting
We Ask for Your Support at Our 2020 Annual Meeting FOR All Director Nominees FOR Advisory Vote on Executive Compensation FOR Ratification of Auditor
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