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UNITED STATES
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): August 8, 2025
AXIS CAPITAL HOLDINGS LIMITED
(Exact Name Of Registrant As Specified In Charter)

Bermuda   001-31721   98-0395986
(State of Incorporation)   (Commission File No.)  
(I.R.S. Employer
Identification No.)
92 Pitts Bay Road
Pembroke, Bermuda HM 08
(Address of principal executive offices, including zip code)
(441) 496-2600
(Registrant’s telephone number, including area code)
Not applicable
(Former name or 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 (see General Instruction A.2 below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e(4)(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common shares, par value $0.0125 per share AXS New York Stock Exchange
Depositary shares, each representing a 1/100th interest in a 5.50% Series E preferred share AXS PRE New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐





Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 14, 2025, AXIS Capital Holdings Limited (the “Company”) announced that Matthew Kirk will assume the position of Chief Financial Officer of the Company, effective March 31, 2026, succeeding Peter Vogt.

Mr. Kirk will join the Company in the fourth quarter of 2025, initially serving as a special advisor to the Chief Executive Officer. Following Mr. Kirk’s appointment in March 2026, Peter Vogt will provide strategic advisory services to the Company until December 31, 2026, timed to the completion of his employment agreement.

Mr. Kirk, age 51, joins the Company from Enstar Group Limited (“Enstar”), where he has served as Chief Financial Officer since March 2023 and was responsible for Enstar’s global finance functions. Previously, from April 2020 to February 2023, he served as Group Treasurer of Enstar where he was responsible for treasury, capital management, and investor relations. Prior to joining Enstar, Mr. Kirk held executive leadership roles at Sirius International Insurance Group, including Group Treasurer and President and Managing Director of Sirius Investment Advisors. He began his career at Arthur Andersen, where he served as an Assurance and Business Advisory Manager. Mr. Kirk is a certified public accountant (inactive) and holds an MBA from Columbia University and a Bachelor of Science degree from the University of Delaware.

In connection with his appointment as Chief Financial Officer of the Company, AXIS Specialty U.S. Services, Inc. entered into an offer letter (the “Offer Letter”) with Mr. Kirk. Pursuant to the Offer Letter, Mr. Kirk will receive an annual base salary of $750,000 and will be eligible to participate in the Company’s non-equity incentive plan, with a target incentive opportunity equal to 130% of his base salary. Mr. Kirk will also receive a buyout award of $1,060,000, payable within his first month of employment, which is subject to forfeiture if he voluntarily terminates his employment with the Company for any reason or he is involuntarily terminated for cause within his first year. In addition, Mr. Kirk will be granted a sign-on equity award of restricted stock units with a grant date fair value of $585,000, which will vest pro rata over a three-year period. He will also be eligible to participate in the Company’s 2017 Long Term Equity Compensation Plan, with an annual target equity award valued at $1,650,000. Mr. Kirk will be eligible to receive severance benefits in accordance with the Company’s Executive Severance Plan and to participate in the employee benefit plans customarily made available to the Company’s executive officers.

There are no arrangements or understandings between Mr. Kirk and any other persons pursuant to which he will be appointed the Company’s Chief Financial Officer. There are no family relationships between Mr. Kirk and any director or executive officer of the Company, and he is not a party to any transaction that is required to be reported pursuant to Item 404(a) of Regulation S-K.

Item 7.01 Regulation FD Disclosure.
On August 14, 2025, the Company issued a press release announcing the Chief Financial Officer transition. The press release is furnished as Exhibit 99.1 hereto and is incorporated by reference herein.

The information set forth under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.


Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit Number Description of Document
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)





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: August 14, 2025
 
AXIS CAPITAL HOLDINGS LIMITED
By: /s/ G. Christina Gray-Trefry
  G. Christina Gray-Trefry
General Counsel and Secretary


EX-99.1 2 pressrelease-cfotransition.htm EX-99.1 Document
        
Investor Contact                        Media Contact
Cliff Gallant                            Nichola Liboro
AXIS Capital Holdings Limited                    AXIS Capital Holdings Limited
investorrelations@axiscapital.com                nichola.liboro@axiscapital.com
+1 415 262 6843                        +1 212 940 3394


AXIS Announces Chief Financial Officer Transition

Matthew Kirk to be Appointed Chief Financial Officer Succeeding Peter J. Vogt

PEMBROKE, Bermuda, August 14, 2025 – AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS) today announced that Matthew Kirk will be appointed as the Company’s next Chief Financial Officer effective March 2026, as part of a planned leadership transition. He will succeed Peter J. Vogt, who at that time, will act as a strategic advisor to the Company through the end of 2026 to support a smooth transition.

Mr. Kirk, who presently serves as Chief Financial Officer of Enstar Group Limited (“Enstar”), joins AXIS with three decades of experience spanning insurance, finance, and accounting, and brings a deep understanding of the property & casualty insurance industry. Mr. Kirk will join AXIS in the fourth quarter of 2025, initially serving in an advisory capacity before assuming the role of CFO in March 2026. He will report directly to AXIS President and CEO Vince Tizzio, serve on the Company’s Executive Committee, and be based in New York.

Mr. Tizzio said, “Our performance over the past two years underscores the substantial progress we have made in transforming AXIS into a specialty underwriting leader. We are grateful to Pete for his valued leadership over the past 15 years and for all that he has done for our company. His contributions have been instrumental in advancing our multi-year transformation program, which has positioned AXIS on a path toward consistent, long-term profitability.”

“In Matt, we are bringing onboard a highly accomplished global finance leader with the experience necessary to help propel our success further. He has a track record of helping drive top- and bottom-line growth, demonstrating strong capital management, and leading finance modernization initiatives that increase productivity and efficiency on a global scale. Matt will strongly complement our team and the work we are doing to further elevate AXIS and deliver even more value to our teammates, customers, and shareholders.”

“I’m incredibly proud of the achievements we’ve made in recent years to reposition AXIS and put the Company on an exciting leadership trajectory,” said Mr. Vogt. “With key phases of the transformation work now complete or in progress, and having been at AXIS for 15 years, this is a natural time for a transition and I feel confident knowing that I’ll be leaving the Company in highly capable hands with Matt as our future CFO.”

Mr. Kirk commented, “I’m honored to join AXIS at such a dynamic time in its evolution. The Company’s sharp focus on specialty underwriting and disciplined growth is impressive, and I’m excited to contribute to its continued success. I’m deeply committed to building strong teams, fostering accountability, and aligning financial strategy with business goals. I look forward to partnering with Vince and the leadership team to build on AXIS’ momentum and deliver lasting value. It’s a privilege to follow Pete and contribute to the next chapter of the Company’s journey.”



        
About Matthew Kirk
At Enstar, a global leader in capital relief solutions, Mr. Kirk has served as Chief Financial Officer since March 2023, overseeing the Company’s global finance functions. Previously, he served as Group Treasurer where he was responsible for treasury, capital management, and investor relations. Prior to joining Enstar in 2020, Mr. Kirk held executive leadership roles at Sirius International Insurance Group, including Group Treasurer and President and Managing Director of Sirius Investment Advisors. He began his career at Arthur Andersen, where he served as an Assurance and Business Advisory Manager. Mr. Kirk is a certified public accountant (inactive) and holds an MBA from Columbia University and a Bachelor of Science degree from the University of Delaware.

About AXIS Capital
AXIS Capital, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions. The Company has shareholders' equity of $6.2 billion at June 30, 2025, and locations in Bermuda, the United States, Europe, Singapore and Canada. Its operating subsidiaries have been assigned a financial strength rating of "A+" ("Strong") by Standard & Poor's and "A" ("Excellent") by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com.

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