Axis Capital Holdings Limited
A global specialty insurer and reinsurer, AXIS Capital writes hard-to-place coverage for businesses—professional liability, cyber, marine and aviation, and credit and political risk—through brokers, plus treaty reinsurance for other insurers. It was founded in Bermuda in 2001, the first and largest new company created after the September 11 attacks to fill a sudden gap in insurance capacity. Its name reflects its role as a central point, or axis, in the specialty insurance marketplace.
Item 4 of the Schedule 13D is hereby supplemented to include the following information: On March 5, 2025, T8 agreed to sell 2,139,037 Common Shares of AXIS Capital Holdings Limited, a Bermuda corporation (the "Issuer"), to the Issuer at a price of $93.50 per Common Share pursuant to a stock purchase agreement, dated as of March 5, 2025 (the "Stock Purchase Agreement"), by and among the Issuer and T8. As a result of such sale, the Reporting Persons have ceased to be beneficial owners of more than 5% of the Issuer's outstanding Common Shares. The foregoing description of the Stock Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Stock Purchase Agreement, which is filed as Exhibit C hereto and is incorporated herein by reference.
Item 4 of the Schedule 13D is hereby supplemented to include the following information: On March 5, 2025, T8 agreed to sell 2,139,037 Common Shares of AXIS Capital Holdings Limited, a Bermuda corporation (the "Issuer"), to the Issuer at a price of $93.50 per Common Share pursuant to a stock purchase agreement, dated as of March 5, 2025 (the "Stock Purchase Agreement"), by and among the Issuer and T8. As a result of such sale, the Reporting Persons have ceased to be beneficial owners of more than 5% of the Issuer's outstanding Common Shares. The foregoing description of the Stock Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Stock Purchase Agreement, which is filed as Exhibit C hereto and is incorporated herein by reference.
Item 4 of the Schedule 13D is hereby supplemented to include the following information: On March 5, 2025, T8 agreed to sell 2,139,037 Common Shares of AXIS Capital Holdings Limited, a Bermuda corporation (the "Issuer"), to the Issuer at a price of $93.50 per Common Share pursuant to a stock purchase agreement, dated as of March 5, 2025 (the "Stock Purchase Agreement"), by and among the Issuer and T8. As a result of such sale, the Reporting Persons have ceased to be beneficial owners of more than 5% of the Issuer's outstanding Common Shares. The foregoing description of the Stock Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Stock Purchase Agreement, which is filed as Exhibit C hereto and is incorporated herein by reference.
Item 4 of the Schedule 13D is hereby supplemented to include the following information: On March 5, 2025, T8 agreed to sell 2,139,037 Common Shares of AXIS Capital Holdings Limited, a Bermuda corporation (the "Issuer"), to the Issuer at a price of $93.50 per Common Share pursuant to a stock purchase agreement, dated as of March 5, 2025 (the "Stock Purchase Agreement"), by and among the Issuer and T8. As a result of such sale, the Reporting Persons have ceased to be beneficial owners of more than 5% of the Issuer's outstanding Common Shares. The foregoing description of the Stock Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Stock Purchase Agreement, which is filed as Exhibit C hereto and is incorporated herein by reference.
| Holder | Schedule | % of class | Shares | Filed |
|---|---|---|---|---|
| Dimensional Fund Advisors LP | 13GPassive | 5.2% | 3.83M | Jul 14, 2026 |
| Vanguard Portfolio Management | 13GPassive | 5.33% | 3.95M | Apr 28, 2026 |
| Vanguard Capital Management | 13GPassive | 5.28% | 3.91M | Apr 28, 2026 |
| The Vanguard Group | 13G/APassive | 0% | 0 | Mar 26, 2026 |
| AQR Capital Management, LLC | 13GPassive | 5.96% | 4.59M | Feb 13, 2026 |
| AQR Capital Management Holdings, LLC | 13GPassive | 5.96% | 4.59M | Feb 13, 2026 |
| T-VIII PubOpps LP | 13D/AActivist | 3% | 2.40M | Mar 5, 2025 |
Item 4 of the Schedule 13D is hereby supplemented to include the following information: On March 5, 2025, T8 agreed to sell 2,139,037 Common Shares of AXIS Capital Holdings Limited, a Bermuda corporation (the "Issuer"), to the Issuer at a price of $93.50 per Common Share pursuant to a stock purchase agreement, dated as of March 5, 2025 (the "Stock Purchase Agreement"), by and among the Issuer and T8. As a result of such sale, the Reporting Persons have ceased to be beneficial owners of more than 5% of the Issuer's outstanding Common Shares. The foregoing description of the Stock Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Stock Purchase Agreement, which is filed as Exhibit C hereto and is incorporated herein by reference. | ||||
| T-VIII PubOpps GP LLC | 13D/AActivist | 3% | 2.40M | Mar 5, 2025 |
Item 4 of the Schedule 13D is hereby supplemented to include the following information: On March 5, 2025, T8 agreed to sell 2,139,037 Common Shares of AXIS Capital Holdings Limited, a Bermuda corporation (the "Issuer"), to the Issuer at a price of $93.50 per Common Share pursuant to a stock purchase agreement, dated as of March 5, 2025 (the "Stock Purchase Agreement"), by and among the Issuer and T8. As a result of such sale, the Reporting Persons have ceased to be beneficial owners of more than 5% of the Issuer's outstanding Common Shares. The foregoing description of the Stock Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Stock Purchase Agreement, which is filed as Exhibit C hereto and is incorporated herein by reference. | ||||
| Trident VIII, L.P. | 13D/AActivist | 3% | 2.40M | Mar 5, 2025 |
Item 4 of the Schedule 13D is hereby supplemented to include the following information: On March 5, 2025, T8 agreed to sell 2,139,037 Common Shares of AXIS Capital Holdings Limited, a Bermuda corporation (the "Issuer"), to the Issuer at a price of $93.50 per Common Share pursuant to a stock purchase agreement, dated as of March 5, 2025 (the "Stock Purchase Agreement"), by and among the Issuer and T8. As a result of such sale, the Reporting Persons have ceased to be beneficial owners of more than 5% of the Issuer's outstanding Common Shares. The foregoing description of the Stock Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Stock Purchase Agreement, which is filed as Exhibit C hereto and is incorporated herein by reference. | ||||
| Trident Capital VIII, L.P. | 13D/AActivist | 3% | 2.40M | Mar 5, 2025 |
Item 4 of the Schedule 13D is hereby supplemented to include the following information: On March 5, 2025, T8 agreed to sell 2,139,037 Common Shares of AXIS Capital Holdings Limited, a Bermuda corporation (the "Issuer"), to the Issuer at a price of $93.50 per Common Share pursuant to a stock purchase agreement, dated as of March 5, 2025 (the "Stock Purchase Agreement"), by and among the Issuer and T8. As a result of such sale, the Reporting Persons have ceased to be beneficial owners of more than 5% of the Issuer's outstanding Common Shares. The foregoing description of the Stock Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Stock Purchase Agreement, which is filed as Exhibit C hereto and is incorporated herein by reference. | ||||