POWER OF ATTORNEY
Know all by these presents, that the undersigned
hereby makes, constitutes and appoints Michael Butt,
John Charman, Andrew Cook and Carol S. Rivers, and
each of them, as the undersigned's true and lawful
attorneys-in-fact, with full power and authority as
hereinafter described on behalf of and in the name,
place and stead of the undersigned to:

prepare, execute, acknowledge, deliver and file Forms
3, 4, and 5 (including any amendments thereto) with
respect to the securities of AXIS Capital Holdings
Limited, a Bermuda company (the "Company"), with the
United States Securities and Exchange Commission (the
"SEC"), any national securities exchanges and the
Company, as considered necessary or advisable under
Section 16(a) of the Securities Exchange Act of 1934
and the rules and regulations promulgated thereunder,
as amended from time to time (the "Exchange Act");

seek or obtain, as the undersigned's representative
and on the undersigned's behalf, information on
transactions in the Company's securities from any
third party, including brokers, employee benefit plan
administrators and trustees, and the undersigned
hereby authorizes any such person to release any such
information to the undersigned and approves and
ratifies any such release of information; and
perform any and all other acts which in the discretion
of such attorneys-in-fact are necessary or desirable
for and on behalf of the undersigned in connection
with the foregoing (including the preparation,
execution and filing with the SEC of an application on
Form ID for access codes to file on Edgar).

The undersigned acknowledges that:
this Power of Attorney authorizes, but does not
require, such attorneys-in-fact to act in their
discretion on information provided to such attorneys-
in-fact without independent verification of such
information; any documents prepared and/or executed by
any such attorney-in-fact on behalf of the undersigned
pursuant to this Power of Attorney will be in such
form and will contain such information and disclosure
as such attorney-in-fact, in his or her discretion,
deems necessary or desirable; neither the Company nor
such attorney-in-fact assumes

(i) any liability for the undersigned's responsibility
to comply with the requirements of the Exchange Act,

(ii) any liability of the undersigned for any failure
to comply with such requirements or (iii) any
obligation or liability of the undersigned for profit
disgorgement under Section 16(b) of the Exchange Act;
and; this Power of Attorney does not relieve the
undersigned from responsibility for compliance with
the undersigned's obligations under the Exchange Act,
including without limitation the reporting
requirements under Section 16 of the Exchange Act.

The undersigned hereby gives and grants the foregoing
attorneys-in-fact full power and authority to do and
perform all and every act and thing whatsoever
requisite, necessary or appropriate to be done in and
about the foregoing matters as fully to all intents
and purposes as the undersigned might or could do if
present, hereby ratifying all that such attorneys-in-
fact of, for an on behalf of he undersigned, shall
lawfully do or cause to be done by virtue of this
Power of Attorney.

This Power of Attorney shall remain in full force and
effect until revoked by the undersigned in a signed
writing delivered to such attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this
Power of Attorney to be executed as of this 25th day of
April, 2005

Signature:	/s/ Fred Marshall Turner

Print Name:	Fred Marshall Turner
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