<SEC-DOCUMENT>0001193125-15-274039.txt : 20150817
<SEC-HEADER>0001193125-15-274039.hdr.sgml : 20150817
<ACCEPTANCE-DATETIME>20150803083300
ACCESSION NUMBER:		0001193125-15-274039
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20150802
ITEM INFORMATION:		Termination of a Material Definitive Agreement
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20150803
DATE AS OF CHANGE:		20150803

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AXIS CAPITAL HOLDINGS LTD
		CENTRAL INDEX KEY:			0001214816
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31721
		FILM NUMBER:		151021102

	BUSINESS ADDRESS:	
		STREET 1:		92 PITTS BAY ROAD
		CITY:			PEMBROKE
		STATE:			D0
		ZIP:			HM 08
		BUSINESS PHONE:		(441) 496-2600

	MAIL ADDRESS:	
		STREET 1:		92 PITTS BAY ROAD
		CITY:			PEMBROKE
		STATE:			D0
		ZIP:			HM 08
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d49047d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM 8-K
</B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Current Report </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Pursuant
to Section&nbsp;13 or 15(d) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>of the Securities Exchange Act of 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Date of Report (Date of earliest event reported): August&nbsp;3, 2015 (August 2, 2015) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>AXIS CAPITAL HOLDINGS LIMITED </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact Name Of Registrant As Specified In Charter) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>Bermuda</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>001-31721</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>98-0395986</B></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"><B>(State of Incorporation)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File No.)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(I.R.S. Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No.)</B></P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>92 Pitts Bay Road </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Pembroke, Bermuda HM 08 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address of principal executive offices, including zip code) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(441) 496-2600 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Registrant&#146;s telephone number, including area code) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Not applicable </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Former
name or address, if changed since last report) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">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): </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e(4)(c)) </TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="11%" VALIGN="top" ALIGN="left"><B>Item&nbsp;1.02.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Termination of a Material Definitive Agreement. </B></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B>Termination Agreement </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On August&nbsp;2, 2015, AXIS Capital Holdings Limited, a Bermuda exempted company (&#147;<B>AXIS</B>&#148;), and PartnerRe Ltd., a Bermuda
exempted company (&#147;<B>PartnerRe</B>&#148;), entered into a Termination Agreement (the &#147;<B>Termination Agreement</B>&#148;) to terminate their respective obligations (the &#147;<B>Termination</B>&#148;) under their previously announced
agreement and plan of amalgamation originally entered into on January&nbsp;25, 2015 (as subsequently amended, the &#147;Amalgamation Agreement&#148;). Pursuant to the terms of the Termination Agreement, and in consideration of the Termination,
PartnerRe has agreed to pay AXIS a termination fee of $315 million. The Termination Agreement also provides for the mutual release by AXIS and PartnerRe of all claims of each party under the Amalgamation Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The foregoing summary of the Termination Agreement is not a complete description of all of AXIS and PartnerRe&#146;s rights and obligations
under the Termination Agreement and is qualified in its entirety by reference to the full text of the Termination Agreement, a copy of which is filed as Exhibit 10.1 hereto and the terms and conditions of which are incorporated herein by reference.
</P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="11%" VALIGN="top" ALIGN="left"><B>Item&nbsp;8.01.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Other Events. </B></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On August&nbsp;3, 2015, AXIS issued a press release announcing its entry
into the Termination Agreement and the cancellation of the special meeting of AXIS shareholders that was to be held on August&nbsp;7, 2015. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&nbsp;9.01</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Financial Statements and Exhibits </B></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(d) Exhibits </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:25.30pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit<BR>No</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:39.50pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Description</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>10.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Termination Agreement, dated August 2, 2015, by and between AXIS Capital Holdings Limited and PartnerRe Ltd.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Press Release dated August 3, 2015</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B>Forward Looking Statements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This current report contains forward-looking statements within the meaning of the U.S. federal securities laws. We intend these forward-looking
statements to be covered by the safe harbor provisions for forward-looking statements in the United States securities laws. In some cases, these statements can be identified by the use of forward-looking words such as &#147;may&#148;,
&#147;should&#148;, &#147;could&#148;, &#147;anticipate&#148;, &#147;estimate&#148;, &#147;expect&#148;, &#147;plan&#148;, &#147;believe&#148;, &#147;predict&#148;, &#147;potential&#148; and &#147;intend&#148;. Forward-looking statements contained
in this report may include information regarding our estimates of losses related to catastrophes and other large losses, measurements of potential losses in the fair value of our investment portfolio and derivative contracts, our expectations
regarding pricing and other market conditions, our growth prospects, and valuations of the potential impact of movements in interest rates, equity prices, credit spreads and foreign currency rates. Forward-looking statements only reflect our
expectations and are not guarantees of performance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">These statements involve risks, uncertainties and assumptions. Accordingly, there are
or will be important factors that could cause actual results to differ materially from those indicated in such statements. We believe that these factors include, but are not limited to, the following: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">the occurrence and magnitude of natural and man-made disasters, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">actual claims exceeding our loss reserves, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">general economic, capital and credit market conditions, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">the failure of any of the loss limitation methods we employ, </TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">the effects of emerging claims, coverage and regulatory issues, including uncertainty related to coverage definitions, limits, terms and conditions, </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">the failure of our cedants to adequately evaluate risks, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">inability to obtain additional capital on favorable terms, or at all, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">the loss of one or more key executives, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">a decline in our ratings with rating agencies, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">loss of business provided to us by our major brokers, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">changes in accounting policies or practices, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">the use of industry catastrophe models and changes to these models, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">changes in governmental regulations, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">increased competition, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">changes in the political environment of certain countries in which we operate or underwrite business, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">fluctuations in interest rates, credit spreads, equity prices and/or currency values, </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">the failure to complete our amalgamation with PartnerRe Ltd., and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">the other matters set forth under Item&nbsp;1A, &#145;Risk Factors&#146; and Item&nbsp;7, &#145;Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations&#146; included in our Annual
Report on Form 10-K for the year ended December&nbsp;31, 2014. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We undertake no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information, future events or otherwise. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">SIGNATURES </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">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. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dated: August&nbsp;3, 2015 </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"><B>AXIS CAPITAL HOLDINGS LIMITED</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Richard T. Gieryn, Jr.</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Richard T. Gieryn, Jr.</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">General
Counsel</P></TD></TR>
</TABLE></DIV>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">EXHIBIT INDEX </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:25.30pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit<BR>No</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:39.50pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Description</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>10.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Termination Agreement, dated August 2, 2015, by and between AXIS Capital Holdings Limited and PartnerRe Ltd.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Press Release dated August 3, 2015</TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>d49047dex101.htm
<DESCRIPTION>EX-10.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-10.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.1 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><U>EXECUTION VERSION </U></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>TERMINATION AGREEMENT </U></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This TERMINATION AGREEMENT (this &#147;<U>Agreement</U>&#148;), dated as of August&nbsp;2, 2015, is made and entered into by and between AXIS
Capital Holdings Limited, a Bermuda exempted company (&#147;<U>Axis</U>&#148;) and PartnerRe Ltd., a Bermuda exempted company (&#147;<U>PRE</U>&#148; and, together with Axis, the &#147;<U>parties</U>&#148;). Capitalized terms used herein but not
otherwise defined shall have the meanings ascribed to such terms in the Amalgamation Agreement (as defined below). </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">W I T N E S S E T H:
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the parties to this Agreement are parties to that certain Agreement and Plan of Amalgamation, dated as of January&nbsp;25, 2015,
as subsequently amended on February&nbsp;17, 2015,&nbsp;March&nbsp;10, 2015,&nbsp;March&nbsp;31, 2015,&nbsp;May&nbsp;3, 2015 and July&nbsp;15, 2015 (as amended, the &#147;<U>Amalgamation Agreement</U>&#148;) pursuant to which PRE and Axis would
amalgamate and continue as a Bermuda exempted company (the &#147;<U>Amalgamation</U>&#148;); </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, <U>Section&nbsp;7.1(a)</U> of the
Amalgamation Agreement provides that the Amalgamation Agreement may be terminated by mutual consent of Axis and PRE by action of their respective boards of directors; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, PRE and Axis have mutually agreed to terminate the Amalgamation Agreement; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, PRE and Axis have duly approved and adopted this Agreement; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, immediately after the execution of this Agreement, PRE intends to enter into an Agreement and Plan of Merger (the &#147;<U>Merger
Agreement</U>&#148;) with Exor N.V., a Dutch public limited liability company (<I>naamloze vennootschap</I>) (&#147;<U>Parent</U>&#148;), Pillar Ltd., a Bermuda exempted company and a wholly owned subsidiary of Parent, solely with respect to
<U>Sections 4.01</U> to <U>4.05</U>, <U>Section&nbsp;6.13</U> and <U>Section&nbsp;9.13</U> of the Merger Agreement, EXOR S.p.A. whereby, among other things, Parent would acquire all outstanding PRE Common Shares for $137.50 per PRE Common Share.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and agreements herein contained taken as a whole, the parties
hereto agree as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;1. <U>Matters Related to the Termination of the Amalgamation Agreement</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) <U>Termination</U>. The parties hereto mutually agree that pursuant to <U>Section&nbsp;7.1(a)</U> of the Amalgamation Agreement, the
Amalgamation Agreement is hereby terminated, subject to <U>Section&nbsp;4(a)</U> hereof, effective immediately upon the execution of this Agreement by each of the parties hereto (the &#147;<U>Termination</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) <U>No Further Obligations</U>. Except with respect to the obligations of the parties set forth in the Confidentiality Agreement and
<U>Section&nbsp;2</U> below, neither party shall have any further obligations to the other party under the Amalgamation Agreement or otherwise; and </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
from and after the effectiveness of this Agreement in accordance with <U>Section&nbsp;4(a)</U> below, each party shall be free to conduct its business and affairs in the same manner as if the
Amalgamated Agreement had not been executed. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) <U>Destruction/Return of Evaluation Material</U>. Each party hereto requests of the
other party that (i)&nbsp;such other party and its Representatives (as defined in the Confidentiality Agreement) return or destroy all Evaluation Material (as defined in the Confidentiality Agreement) in accordance with Section&nbsp;6 of the
Confidentiality Agreement and (ii)&nbsp;an appropriate officer of the other party certifies such return or destruction of the Evaluation Material (as defined in the Confidentiality Agreement) in accordance with Section&nbsp;6 of the Confidentiality
Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2. <U>Termination Fees</U>. In consideration of the Termination, PRE shall pay to Axis $315,000,000 by wire
transfer in immediately available funds, such wire transfer to be initiated no later than 9:00 a.m. (New York Time) on August&nbsp;3, 2015, to the account notified in writing by Axis to PRE prior to August&nbsp;3, 2015 (the &#147;<U>Axis
Account</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3. <U>Mutual Release</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) To the fullest extent permitted by applicable law, PRE, on behalf of itself, its subsidiaries and affiliates and their respective future,
present and former directors, officers, shareholders, partners, members, employees, agents, attorneys, successors and assigns (collectively, the &#147;<U>PRE Parties</U>&#148;), hereby unequivocally, knowingly, voluntarily, unconditionally and
irrevocably waives, fully and finally releases, remises, exculpates, acquits and forever discharges Axis and Axis&#146; subsidiaries and affiliates and their respective future, present and former directors, officers, shareholders, partners, members,
employees, agents, attorneys, successors and assigns (collectively, the &#147;<U>Axis Parties</U>&#148;) from any and all actions, causes of action, suits, debts, accounts, bonds, bills, covenants, contracts, controversies, obligations, claims,
counterclaims, setoffs, debts, demands, damages, costs, expenses, compensation and liabilities of every kind and any nature whatsoever, in each case whether absolute or contingent, liquidated or unliquidated, known or unknown, and whether arising at
law or in equity, which such PRE Party had, has, or may have based upon, arising from, in connection with or relating to the Amalgamation Agreement, any agreement or instrument delivered in connection therewith or the transactions contemplated
thereby; <U>provided</U>, <U>however</U>, that (i)&nbsp;no party shall be released from any breach of this Agreement or have its respective rights and obligations under this Agreement impaired, and (ii)&nbsp;notwithstanding the termination of the
Amalgamation Agreement, the Confidentiality Agreement will continue in full force and effect in accordance with its terms, and no party to the Confidentiality Agreement shall be released from any actions or claims which may arise thereunder. Each
PRE Party shall refrain from, directly or indirectly, asserting any claim or demand or commencing, instituting, maintaining, facilitating, aiding or causing to be commenced, instituted or maintained, any legal or arbitral proceeding of any kind
against any Axis Party based upon any matter released under this <U>Section&nbsp;3(a)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) To the fullest extent permitted by
applicable law, each Axis Party, hereby unequivocally, knowingly, voluntarily, unconditionally and irrevocably waives, fully and finally releases, remises, exculpates, acquits and forever discharges each PRE Party from any and all actions, causes of
action, suits, debts, accounts, bonds, bills, covenants, contracts, controversies, obligations, claims, counterclaims, setoffs, debts, demands, damages, costs, expenses, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
compensation and liabilities of every kind and any nature whatsoever, in each case whether absolute or contingent, liquidated or unliquidated, known or unknown, and whether arising at law or in
equity, which such Axis Party had, has, or may have based upon, arising from, in connection with or relating to the Amalgamation Agreement, any agreement or instrument delivered in connection therewith or the transactions contemplated thereby;
<U>provided</U>, <U>however</U>, that (i)&nbsp;no party shall be released from any breach of this Agreement or have its respective rights and obligations under this Agreement impaired, (ii)&nbsp;nothing contained in this paragraph shall in any way
affect or impair AXIS&#146; right to receive payment of the amount set forth in Section&nbsp;2 of this Agreement, and (iii)&nbsp;notwithstanding the termination of the Amalgamation Agreement, the Confidentiality Agreement will continue in full force
and effect in accordance with its terms, and no party to the Confidentiality Agreement shall be released from any actions or claims which may arise thereunder. Each Axis Party shall refrain from, directly or indirectly, asserting any claim or demand
or commencing, instituting, maintaining, facilitating, aiding or causing to be commenced, instituted or maintained, any legal or arbitral proceeding of any kind against any PRE Party based upon any matter released under this
<U>Section&nbsp;3(b)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) <U>Representations and Warranties</U>. Each of PRE and Axis hereby represents that the execution, delivery
and performance of this Agreement by it has been duly and validly authorized by all necessary corporate action and no other corporate proceedings by or on the part of it are necessary to authorize this Agreement or to perform its obligations
hereunder; this Agreement has been duly and validly executed and delivered by it, and assuming the due authorization, execution and delivery hereof by the other party hereto, constitutes its legal, valid and binding obligation, enforceable against
it in accordance with the terms hereof, subject to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors&#146; rights generally and general equitable
principles (whether considered in a proceeding in equity or at law). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4. <U>General Provisions</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) <U>Effectiveness; Termination</U>. This Agreement shall be deemed to be effective immediately upon the execution of this Agreement by the
parties; <U>provided</U>, <U>that</U>, this Agreement shall automatically terminate and be of no further force and effect if the Merger Agreement is not duly executed by the parties thereto by 9.00 p.m. on August&nbsp;2, 2015 (New York Time). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) <U>Counterparts</U>. This Agreement may be executed in one or more counterparts, and by the different parties in separate counterparts,
each of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of a signature page to this Agreement by facsimile or electronic-mail
shall be as effective as delivery of a manually executed counterpart of any such Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) <U>Assignment</U>. Neither this Agreement
nor any of the rights, interests or obligations arising under this Agreement shall be directly or indirectly assigned, delegated sublicensed or transferred by any of the parties (whether by operation of law or otherwise), in whole or in part, to any
other Person (including any bankruptcy trustee) without the prior written consent of the other parties. Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties and their
respective successors and assigns. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) <U>Entire Agreement; Third Party Beneficiaries</U>. This Agreement and the Confidentiality
Agreement contain the entire agreement between the parties hereto with respect to the subject matter hereof and there are no agreements, understandings, representations or warranties between the parties hereto other than those set forth or referred
to herein or therein. Other than <U>Section&nbsp;3(a)</U> and <U>Section&nbsp;3(b)</U> of this Agreement, which are intended to benefit, and be enforceable by, the Axis Parties and PRE Parties, respectively, this Agreement is not intended to confer
upon any person or entity not a party hereto (and their successors and assigns permitted by <U>Section&nbsp;4(c)</U> of this Agreement) any rights or remedies hereunder. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) <U>Governing Law</U>. This Agreement shall be governed by and construed with regard to, in all respects, including as to validity,
interpretation and effect, the Laws of the State of New York with respect to contracts performed within that state. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) <U>Consent to
Jurisdiction; Venue</U>. Each party irrevocably and unconditionally consents, agrees and submits to the exclusive jurisdiction of the Supreme Court of Bermuda (and appropriate appellate courts therefrom) (the &#147;<U>Chosen Courts</U>&#148;), for
the purposes of any litigation, action, suit or other proceeding with respect to the subject matter hereof. Each party agrees to commence any litigation, action, suit or proceeding relating hereto only in the Supreme Court of Bermuda, or if such
litigation, action, suit or other proceeding may not be brought in such court for reasons of subject matter jurisdiction, in the other appellate courts therefrom or other courts of Bermuda. Each party irrevocably and unconditionally waives any
objection to the laying of venue of any litigation, action, suit or proceeding with respect to the subject matter hereof in the Chosen Courts, and hereby further irrevocably and unconditionally waives and agrees not to plead or claim in any such
court that any such action, suit or proceeding brought in any such court has been brought in an inconvenient forum. Each party further irrevocably and unconditionally consents to and grants any such court jurisdiction over the Person of such parties
and, to the extent legally effective, over the subject matter of any such dispute and agrees that mailing of process or other documents in connection with any such action or proceeding in the manner provided in Section&nbsp;8.2 of the Amalgamation
Agreement or in such other manner as may be permitted by applicable Law, shall be valid and sufficient service thereof. The parties agree that a final judgment in any such litigation, action, suit or proceeding shall be conclusive and may be
enforced in other jurisdictions by suit on the judgment or in any other manner provided by applicable Law. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>IN WITNESS WHEREOF</B>, each of the parties has caused this Agreement to be executed on the
date first written above. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="80%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">AXIS CAPITAL HOLDINGS LIMITED</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ David Phillips</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">David Phillips</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Executive Vice President and Chief Investment Officer</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">PARTNERRE LTD.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ David Zwiener</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">David Zwiener</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">President and Chief Executive Officer</TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I></I>[<I>Signature Page to the Termination Agreement</I>]<I> </I></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>d49047dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="right">


<IMG SRC="g49047ex99_1logo.jpg" ALT="LOGO">
 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="51%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="47%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>Investor Contact</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><B>Media Contact</B></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Linda Ventresca</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Michael Herley</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">AXIS Capital Holdings Limited</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Kekst and Company</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>investorrelations@axiscapital.com</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><U>michael-herley@kekst.com</U></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">(441) 405-2727</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">(212) 521-4897</TD></TR>
</TABLE> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AXIS Capital Agrees to Terminate Merger with PartnerRe and Receives $315 Million Breakup Fee </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>&#151; Company Reinstates Share Repurchases and Plans $300 Million Accelerated Buyback &#151; </I></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>&#151; Board Reaffirms Commitment to Hybrid Insurance Model with Three Diversified Businesses in Specialty Insurance, Reinsurance, and
Accident and Health &#151; </I></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Pembroke, Bermuda, August&nbsp;3, 2015</B> - AXIS Capital Holdings Limited (&#147;AXIS Capital&#148;) (NYSE: AXS), a
leading specialty insurer and reinsurer, today announced that it has accepted a request from PartnerRe Ltd. (&#147;PartnerRe&#148;) (NYSE: PRE) to terminate the amalgamation agreement with AXIS Capital. PartnerRe will pay AXIS Capital a $315 million
fee to immediately terminate the amalgamation agreement, which was originally entered into by both companies on January&nbsp;25, 2015. The special meeting of AXIS Capital shareholders, which was scheduled for August&nbsp;7, 2015, has been cancelled.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Michael A. Butt, Chairman of the AXIS Capital Board of Directors, said, &#147;Prior to PartnerRe reaching out to us last December to discuss a
combination of our companies, we were confident in continuing with our strategy as a stand-alone company, building our three strong businesses incrementally. We will now proceed with that strategy, with strengthened resolve. We have been very
conscious of our responsibilities to our shareholders throughout these negotiations and believe we have demonstrated prudence and financial discipline in our approach.&#148; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">AXIS Capital Holdings
Limited 92 Pitts Bay Road Pembroke, Bermuda HM08 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Tel. 441.496.2600 Fax 441.405.2600 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>www.axiscapital.com</U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">- 1 -
</P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Albert Benchimol, President and CEO of AXIS Capital, said, &#147;Our proposed transaction with PartnerRe stood to
create a powerful mix of two financially strong and independent companies with compelling insurance/reinsurance franchises. While I am disappointed that the merger will not proceed, I have no doubt that the best days for AXIS Capital, our employees,
clients, brokers and shareholders lie ahead. We have built a powerful global platform on which to continue to advance our hybrid insurance model with three diversified businesses in specialty insurance, reinsurance, and accident and health.&#148;
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In tandem with today&#146;s announcement, the Company has reinstated its share repurchase program, which has $749 million remaining under the
Board&#146;s current authorization through December&nbsp;31, 2016. As part of this program, a $300 million accelerated share repurchase of the Company&#146;s stock is expected to begin as soon as is practical and should be completed no later than
December&nbsp;31, 2015. The share repurchase program allows the Company to effect repurchases in open market or privately negotiated transactions. The Company&#146;s share repurchase program had been put on hold following the merger announcement
with PartnerRe. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Benchimol added, &#147;We are prepared to move ahead with our fiscally disciplined growth strategy and a commitment to return
excess capital to shareholders in the form of dividends and stock repurchases. Since becoming a public company, we have repurchased approximately 92.8&nbsp;million shares of AXIS Capital stock for a total of $3.3 billion. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#147;As we go forward independently, I would like to thank our employees for their diligent efforts throughout the integration planning meetings that took
place over the past several months, and for their ongoing focus on the business-of-the-business. We have learned a great deal from this process, and we intend to apply what we have learned to make AXIS Capital a better company in the months and
years ahead.&#148; </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>About Axis Capital </U></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">AXIS
Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders&#146; equity attributable to AXIS Capital at June&nbsp;30, 2015 of $5.9 billion and locations in Bermuda, the United States, Europe,
Singapore, Canada, Australia and Latin America. Its operating subsidiaries have been assigned a rating of &#147;A+&#148; (&#147;Strong&#148;) by Standard&nbsp;&amp; Poor&#146;s and &#147;A+&#148; (&#147;Superior&#148;) by A.M. Best. For more
information about AXIS Capital, visit our website at <U>www.axiscapital.com</U>. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">AXIS Capital Holdings
Limited 92 Pitts Bay Road Pembroke, Bermuda HM08 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Tel. 441.496.2600 Fax 441.405.2600 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>www.axiscapital.com</U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">- 2 -
</P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g49047ex99_1logo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g49047ex99_1logo.jpg
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M;W-H;W @,RXP #A"24T$!       #QP!6@ #&R5'' (   (  @ X0DE-!"4
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M$V%Q,A0)@9%"(_"AL5)B)!46T7(S0U/!@X*B8S1$)A<8_]H # ,!  (1 Q$
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MK17)QX5$7)FD-/1,HZ*W*8B9US-F+M=<B!%%"E$XE @"( ([B&J*U2_+ *_
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MZ2GMR5:E'$<HL15 RB"J#I-(JJ9R&$IB' 0$0'2$'5?9:<WCN(/DCP"N,VU
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M37KV+Z"SM561M.6\D*LEWL-3H!(M(<MFP*%1%9^_61^D8,B'44$3>VF?K_\
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MUN(&E"$(*$('L2HJ5/\ B*B2)1L*X:X+V!P387[-L1FH'SKH=J:BI4'*BH<
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M G$C!=.AV,5'TO!E!5E2LD_:))7&SP+2U7R?7^814>6.Y33YZN;H!U5S"
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M@\=+X:P]=2)@!RM)7,-L8Y(R-)-#(_.)6&,7D9[H;@8JK,X#MICT!,4F,9X
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M.-1_U/=],G^W^-F)>HE;EP=$\4>55.RDIZ!0]58GX1 L'Q#O]LHE-W&[BEV
M.H#N?I\-3^6E2CY02?\ KT'O.0'4QJ02D*,Y$R\!."8O$QQA>XVQ=)9MML5]
M+;LKHMBU]L[;J-7T-1F2RQD#B500.3]IUQ*Z#H'<@1(=^TP:UC]V?)HW/NIC
M9=G="K+:2I3RDRDY5$":#XAK%,^BBH1O+^GOP>]L;8M1R5N"G4SN.^Z?EPM)
M"VJ)K46U $X"I4?4. FV$3P,2]>P?_V0?^]'419*C8O\P[^Y^L?X1W]<XXPM
M(0M(1T7SILS06</%"(-4&ZSETY54]I-!LW(*RZQSAU(1)(AC"/38 ]=5PD2<
MHXE4B!B9SR$Y8>'M.'OBK1\?'*6$SAY\.3GD+MU,4N8UB;S5DO&D.$A_W<PM
M3Q\RQKC%T\E (H*,-%UMRJ( D0R@I[%)_M!EOAOB2NY>W.JS4[YIJ"F9]=]P
M)*R$!03I2)@:U3F 3*0F1*(]]RG/]!V]<?)W544WSMZK7334=.5:07BVMPK<
M,B4MMA)*B!B9 2)G#G_N$Z7R>Y9<1('G7E".?OJ5B+*L52X>07;?DM>AH3)Y
M%X=5I2X<"D!TP&>A8Q)X]* @9<"E44,H/:&9NXC:_%>P=LVW9&TE-?W525!<
M?T_FJ<2I)F7W 2$%,YH2J<QD!$9^RO?7/7*N_+YR/R('3L&NHDL4Q,VJ?YAM
M4VS2,$!*T)070X\GXE:23/(-_%MYD<89,QWDJ'472EL>WFIWB,5;*>RX3?U.
M>83S0Z"NX=BH+L"]H_ =0\(F)'*-CWVD>[/[(O7L 96BL[8/P]FV#%O^3Y>Q
M=0<EQQ6BP.&Z#:[U>,L16J:Y1$%1:C("F81^8!+L/75?9TB@&,R2??&7](K"
MTA%>C][!Q,JT%<.)O-:"%FQM%^:V? &0VP*$3<S9*<U2M] ETVX*%%<T<SDY
M5JX5 IC F9L0Q@*0A00@)' >9[OQTS7BW.V-Y)W$WC$UYKMZKCUDZ59K@_K\
MB@^^E%R@ JI-Y!!([=;8!W15,&W72$7EO&G/-)Y1<?\ #G(K'#OZVCYHQU5L
MB5Q42@54C&RQ3>0^D<D[C&1>1ZRIVZZ9OG352,4P 8!#2$9OTA I?WCO^D5$
M?YML,?W4RII"*L-I_6FW]H1_G"Z0B]FXCF[>)G&$=]A_P\85VZ;B/_+:M#L
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M2,H@M?\ NQI=Z<Z6/@WAYQ%6AZXA-TN3?F:0PRE;KK5(L$)4H!N1?!6V=6E
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M"1&K&-*_>'WEUV^*NMXNXNJ"ULUM?I5-8VM2%UJDDA2&E@C328>:>+PG,Z"
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M/'A\U9]C6DCE'VT'M0HROTSV(QX+AL)BR$ZD8KAK*VCL<[$(53VV"A>X!,H
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M&/R!$?XB,8^\X'V6MFJ:4-5<@0C%J8>BDW773%\/;\I?RI0VP"8PBA$Q/WC
M@?Q&0Z9=]_\ %MA<"@(=N^]5RD % !Z[@!@URTK,M()]W3WQ0*25AL$>HHR
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MR1V?J7N_-*;"L13M"<O";C@(/N;4)=>D8FW%]4).A3>UMIE*RG!RJK09&?\
MQ,LXB7BZDSZ=8:7<?+/R_NHN(VN/J?24G?>FBE4JF9_+ DH'M F#Z9<S*Z+D
M#' 0.B5%0!ZAMK*EG[2^);&I%9=36UR J<G7TMA4NFD)2)>P@SB/VX_J"=Q.
MYDN4MF=M]M9=3("EI 7AT\CCZW22?%M,QE&/X;"GD#Y8'4<2#/+UOC71B^](
M9$L<C6:Q[2G5)=-M:GC-NZ;;#\H-D%0[=MNFVKCKM\]N_$_DIG+3153:9!--
M3(?>)'X=;"24N$X:E9*\V)$6?:^,.[SN#<]>M;W)6V]:IEVX5+K--(X^5%0M
MM$I=4(5AD(?9B#PNF S"3SCE HH@FBJZJ&/HP4SIJ')_*-EK/)**$$4CC\QT
M&0@8 ^4P;[A@G=_>JM:G*/8]K.G$(J*E0PEU4RGXR1EK*2"9RF(E=QI],IW4
MS<>4;\ TH3<I*!(+AP^$U;OE3(YZ65:@" H3F)8,*<0^.N""(ACS&-?:RK<
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M+!!\BG%)1CF @23+[(E3M#A'B7C]Q+^T-MV>BJ4_"ZW3H6Z,9XNN@NDS\%3
MD <(SZ3<"EWWW[0WW]=]@WW_ $ZLJ4L(RO\ IX?JC=I"%I"%I"%I"%I"%I"%
4I"%I"%I"%I"%I"%I"%I"%I"/_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
