X0306 4 2017-01-03 0 0001214816 AXIS CAPITAL HOLDINGS LTD AXS 0001249919 BUTT MICHAEL A 92 PITTS BAY ROAD PEMBROKE D0 HM 08 BERMUDA 1 0 0 0 Common Shares 2017-01-03 4 S 0 124920 65.2534 D 999982 D Common Shares 2017-01-04 4 S 0 34026 65.8525 D 965956 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. The 124,920 shares sold consist of the trades listed in Exhibit 1. The 34,026 shares sold consist of the trades listed in Exhibit 1. G. Christina Gray-Trefry, Attorney-in-Fact 2017-01-05