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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2012
Check here if Amendment [_]; Amendment Number: __________
This Amendment (Check only one.): [_] is a restatement.
[_] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: AXIS Capital Holdings Limited
Address: 92 Pitts Bay Road,
Pembroke, Bermuda HM 08
Form 13F File Number: 28-14684
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Dean Benner
Title: Chief Investment Officer
Phone: (441) 496-2600
Signature, Place, and Date of Signing:
/s/ Dean Benner Pembroke, Bermuda May 7, 2012
------------------------------------- ----------------- ------------
[Signature] [City, State] [Date]
Report Type (Check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[_] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 4
Form 13F Information Table Value Total: $231,855
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
Number Form 13F File Number Name
------ -------------------- ----
None
FORM 13F INFORMATION TABLE
AXIS CAPITAL HOLDINGS LIMITED
FOR QUARTER ENDED MARCH 31, 2012
Voting Authority
Value Shrs or SH/ Put/ Investment Other ---------------------
Name of Issuer Title of Class CUSIP (x $1000) prn amt PRN Call Discretion Managers Sole Shared None
---------------------------- ---------------- ---------- --------- --------- --- ---- ---------- -------- --------- ------ ----
SPDR S&P 500 ETF TR TR UNIT 78462F 103 $136,379 968,532 SH SOLE 968,532
ISHARES TR MSCI EAFE INDEX 464287 465 $ 61,172 1,114,439 SH SOLE 1,114,439
VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042 858 $ 28,725 660,805 SH SOLE 660,805
BLACKSTONE GROUP L P COM UNIT LTD 09253U 108 $ 5,579 350,000 SH SOLE 350,000