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): December 16, 2005 (December 12, 2005)

 

AXIS CAPITAL HOLDINGS LIMITED

(Exact name of registrant as specified in its charter)

 

Bermuda

001-31721

98-0395986

(State or other jurisdiction

(Commission

(I.R.S. Employer

of incorporation)

File Number)

Identification No.)

 

106 Pitts Bay Road

 

Pembroke, Bermuda

HM 08

(Address of principal executive offices)

(Zip Code)

 

Registrant’s telephone number, including area code: 441-296-2600

 

Not Applicable

(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:

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Items 1.02 and 5.02.

 

Termination of a Material Definitive Agreement; Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

 

                On December 12, 2005, Mr. Andrew Cook, the Chief Financial Officer of AXIS Capital Holdings Limited, a Bermuda company (the “Company”), notified the Company that he is leaving the Company effective April 1, 2006 for personal reasons.  In connection with his leaving, the Employment Agreement between Mr. Cook and AXIS Specialty Limited, dated as of January 1, 2004, will be terminated.  Under this agreement, Mr. Cook’s term of service would have continued until December 31, 2006 followed by automatic one-year renewals unless notice of termination of his employment was provided by either party at least six months prior to the end of the term.

 

Item 9.01.              Financial Statements and Exhibits

 

99.1         Press Release dated December 12, 2005.

 

 

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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: December 16, 2005

AXIS CAPITAL HOLDINGS LIMITED

 

 

 

 

 

By:

/s/

Carol S. Rivers

 

 

 

Carol S. Rivers

 

 

 

General Counsel and Secretary

 

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EXHIBIT INDEX

 

Exhibit
Number

 

Description of Document

 

99.1

 

Press Release dated December 12, 2005

 

 

 

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