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AXIS Advances Transition to Specialty Underwriter, Announces Loss Portfolio Transfer Reinsurance Agreement With Enstar on Reinsurance Segment Reserves

AXIS Capital Holdings Limited ("AXIS Capital" or "AXIS" or "the Company") (NYSE:AXS) and Enstar Group Limited ("Enstar") (NASDAQ:ESGR) today announced that they have entered into a loss portfolio transfer ("LPT")