-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TUvOghiQqeB5o3tzbKuWu1CMF0eKSUPb13xV9mkMhk02huXFUmgm6hDMN1G22n9n o9BKPJxOxnb9J6NIDY10lw== 0000930413-04-000455.txt : 20040217 0000930413-04-000455.hdr.sgml : 20040216 20040217163843 ACCESSION NUMBER: 0000930413-04-000455 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040217 GROUP MEMBERS: J.P. MORGAN CAPITAL, L.P. GROUP MEMBERS: J.P. MORGAN CORSAIR II OFFSHORE CAPITAL PARTNERS, L.P. GROUP MEMBERS: J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) II, L. P. GROUP MEMBERS: J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) III, L. P. GROUP MEMBERS: J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) IV, L. P. GROUP MEMBERS: J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN), L. P. GROUP MEMBERS: J.P. MORGAN PARTNERS GLOBAL INVESTORS A, L. P. GROUP MEMBERS: J.P. MORGAN PARTNERS GLOBAL INVESTORS, L. P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AXIS CAPITAL HOLDINGS LTD CENTRAL INDEX KEY: 0001214816 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-79165 FILM NUMBER: 04609379 BUSINESS ADDRESS: STREET 1: 106 PITTS BAY ROAD CITY: PEMBROKE STATE: D0 ZIP: 00000 BUSINESS PHONE: 4412962600 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JP MORGAN PARTNERS BHCA LP CENTRAL INDEX KEY: 0001106607 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: J.P. MORGAN PARTNERS STREET 2: 1221 AVENUE OF THE AMERICAS 40TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 2128993400 MAIL ADDRESS: STREET 1: J.P. MORGAN PARTNERS STREET 2: 1221 AVENUE OF THE AMERICAS 40TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 FORMER COMPANY: FORMER CONFORMED NAME: CHASE EQUITY ASSOCIATES LLC DATE OF NAME CHANGE: 20000214 SC 13G 1 c30817_sc13g.txt ----------------------------- OMB APPROVAL ----------------------------- OMB Number: 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response.......11 ----------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (RULE 13D-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) Axis Capital Holdings Limited - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 2677606 -------------------------------------------- (CUSIP Number) December 31, 2003 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 28 pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners (BHCA), L.P. 13-3371826 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- SEC Use 3. Only - -------------------------------------------------------------------------------- Citizenship or Place of 4. Organization Delaware - -------------------------------------------------------------------------------- Sole Voting 5. Power 7,878,880 shares of Common Stock ---------------------------------------------------------- Number of Shares Shared Voting Beneficially 6. Power Owned by Each ---------------------------------------------------------- Reporting Person Sole Dispositive With: 7. Power 7,878,880 shares of Common Stock ---------------------------------------------------------- Shared Dispositive 8. Power - -------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned 9. by Each Reporting Person 7,878,880 shares of Common Stock Check box if the Aggregate Amount in Row (9) Excludes Certain Shares 10. (See Instructions) Percent of Class Represented by Amount in 11. Row (9) 5.1% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Page 2 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors, L.P. 13-419054 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- SEC Use 3. Only - -------------------------------------------------------------------------------- Citizenship or Place of 4. Organization Delaware - -------------------------------------------------------------------------------- Sole Voting 5. Power 37,817 shares of Common Stock ---------------------------------------------------------- Number of Shares Shared Voting Beneficially 6. Power Owned by Each ---------------------------------------------------------- Reporting Person Sole Dispositive With: 7. Power 37,817 shares of Common Stock ---------------------------------------------------------- Shared Dispositive 8. Power - -------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned 9. by Each Reporting Person 37,817 shares of Common Stock Check box if the Aggregate Amount in Row (9) Excludes Certain Shares 10. (See Instructions) Percent of Class Represented by Amount in 11. Row (9) .02% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Page 3 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors A, L.P. 26-0032493 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- SEC Use 3. Only - -------------------------------------------------------------------------------- Citizenship or Place of 4. Organization Delaware - -------------------------------------------------------------------------------- Sole Voting 5. Power 125,999 shares of Common Stock ---------------------------------------------------------- Number of Shares Shared Voting Beneficially 6. Power Owned by Each ---------------------------------------------------------- Reporting Person Sole Dispositive With: 7. Power 125,999 shares of Common Stock ---------------------------------------------------------- Shared Dispositive 8. Power - -------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned 9. by Each Reporting Person 125,999 shares of Common Stock Check box if the Aggregate Amount in Row (9) Excludes Certain Shares 10. (See Instructions) Percent of Class Represented by Amount in 11. Row (9) .1% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Page 4 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors (Cayman), L.P. 13-4197057 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- SEC Use 3. Only - -------------------------------------------------------------------------------- Citizenship or Place of 4. Organization Cayman Islands - -------------------------------------------------------------------------------- Sole Voting 5. Power 632,393 shares of Common Stock ---------------------------------------------------------- Number of Shares Shared Voting Beneficially 6. Power Owned by Each ---------------------------------------------------------- Reporting Person Sole Dispositive With: 7. Power 632,393 shares of Common Stock ---------------------------------------------------------- Shared Dispositive 8. Power - -------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned 9. by Each Reporting Person 632,393 shares of Common Stock Check box if the Aggregate Amount in Row (9) Excludes Certain Shares 10. (See Instructions) Percent of Class Represented by Amount in 11. Row (9) .4% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Page 5 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors (Cayman) II, L.P. 26-0005546 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- SEC Use 3. Only - -------------------------------------------------------------------------------- Citizenship or Place of 4. Organization Cayman Islands - -------------------------------------------------------------------------------- Sole Voting 5. Power 70,582 shares of Common Stock ---------------------------------------------------------- Number of Shares Shared Voting Beneficially 6. Power Owned by Each ---------------------------------------------------------- Reporting Person Sole Dispositive With: 7. Power 70,582 shares of Common Stock ---------------------------------------------------------- Shared Dispositive 8. Power - -------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned 9. by Each Reporting Person 70,582 shares of Common Stock Check box if the Aggregate Amount in Row (9) Excludes Certain Shares 10. (See Instructions) Percent of Class Represented by Amount in 11. Row (9) .1% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Page 6 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors (Cayman) III, L.P. 13-4197063 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- SEC Use 3. Only - -------------------------------------------------------------------------------- Citizenship or Place of 4. Organization Cayman Islands - -------------------------------------------------------------------------------- Sole Voting 5. Power 720,111 shares of Common Stock ---------------------------------------------------------- Number of Shares Shared Voting Beneficially 6. Power Owned by Each ---------------------------------------------------------- Reporting Person Sole Dispositive With: 7. Power 720,111 shares of Common Stock ---------------------------------------------------------- Shared Dispositive 8. Power - -------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned 9. by Each Reporting Person 720,111 shares of Common Stock Check box if the Aggregate Amount in Row (9) Excludes Certain Shares 10. (See Instructions) Percent of Class Represented by Amount in 11. Row (9) .5% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Page 7 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors (Cayman IV), L.P. 13-4197064 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- SEC Use 3. Only - -------------------------------------------------------------------------------- Citizenship or Place of 4. Organization Cayman Islands - -------------------------------------------------------------------------------- Sole Voting 5. Power 534,318 shares of Common Stock ---------------------------------------------------------- Number of Shares Shared Voting Beneficially 6. Power Owned by Each ---------------------------------------------------------- Reporting Person Sole Dispositive With: 7. Power 534,318 shares of Common Stock ---------------------------------------------------------- Shared Dispositive 8. Power - -------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned 9. by Each Reporting Person 534,318 shares of Common Stock Check box if the Aggregate Amount in Row (9) Excludes Certain Shares 10. (See Instructions) Percent of Class Represented by Amount in 11. Row (9) .3% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Page 8 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Capital, L.P. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- SEC Use 3. Only - -------------------------------------------------------------------------------- Citizenship or Place of 4. Organization Delaware - -------------------------------------------------------------------------------- Sole Voting 5. Power 1,107,021 shares of Common Stock ---------------------------------------------------------- Number of Shares Shared Voting Beneficially 6. Power Owned by Each ---------------------------------------------------------- Reporting Person Sole Dispositive With: 7. Power 1,107,021 shares of Common Stock ---------------------------------------------------------- Shared Dispositive 8. Power - -------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned 9. by Each Reporting Person 1,107,021 shares of Common Stock Check box if the Aggregate Amount in Row (9) Excludes Certain Shares 10. (See Instructions) Percent of Class Represented by Amount in 11. Row (9) .7% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Page 9 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Corsair II Offshore Capital Partners, L.P. 980339267 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- SEC Use 3. Only - -------------------------------------------------------------------------------- Citizenship or Place of 4. Organization Cayman Islands - -------------------------------------------------------------------------------- Sole Voting 5. Power 3,706,111 shares of Common Stock ---------------------------------------------------------- Number of Shares Shared Voting Beneficially 6. Power Owned by Each ---------------------------------------------------------- Reporting Person Sole Dispositive With: 7. Power 3,706,111 shares of Common Stock ---------------------------------------------------------- Shared Dispositive 8. Power - -------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned 9. by Each Reporting Person 3,706,111 shares of Common Stock Check box if the Aggregate Amount in Row (9) Excludes Certain Shares 10. (See Instructions) Percent of Class Represented by Amount in 11. Row (9) 2.4% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Page 10 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 ITEM 1. (a) NAME OF ISSUER: Axis Capital Holdings Limited (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 106 Pitts Bay Road Pembroke, HM 08 Bermuda ITEM 2. (a) NAME OF PERSON FILING: J.P. Morgan Partners (BHCA), L.P. ("JPMP (BHCA)") J.P. Morgan Partners Global Investors, L.P. ("JPMP Global") J.P. Morgan Partners Global Investors A, L.P. ("JPMP Global A") J.P. Morgan Partners Global Investors (Cayman), L.P. ("JPMP Cayman") J.P. Morgan Partners Global Investors (Cayman) II, L.P. ("JPMP Cayman II") J.P. Morgan Partners Global Investors (Cayman) III, L.P. ("JPMP Cayman III") J.P. Morgan Partners Global Investors (Cayman) IV, L.P. ("JPMP Cayman IV") J.P. Morgan Capital, L.P. ("Morgan Capital") J.P. Morgan Corsair II Offshore Capital Partners, L.P. ("Corsair") Supplemental information relating to the ownership and control of the person filing this statement is included in Exhibit 2(a) attached hereto. (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: c/o J.P. Morgan Partners, LLC 1221 Avenue of the Americas New York, New York 10020 See also supplemental information relating to principal business office is included in Exhibit 2(a) attached hereto. (c) CITIZENSHIP: Delaware (d) TITLE OF CLASS OF SECURITIES (OF ISSUER): Common Stock (5) CUSIP NUMBER: 2677606 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS. 240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: Not applicable. Page 11 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 ITEM 4. OWNERSHIP (a) AMOUNT BENEFICIALLY OWNED: JPMP (BHCA): 7,878,880 JPMP Global: 37,817 JPMP Global A: 125,999 JPMP Cayman: 632,393 JPMP Cayman II: 70,582 JPMP Cayman III: 720,111 JPMP Cayman IV: 534,318 Morgan Capital: 1,107,021 Corsair: 3,706,111 (b) PERCENT OF CLASS: JPMP (BHCA): 5.1% (as of December 31, 2003) JPMP Global: .02% (as of December 31, 2003) JPMP Global A: .1% (as of December 31, 2003) JPMP Cayman: .4% (as of December 31, 2003) JPMP Cayman II .1% (as of December 31, 2003) JPMP Cayman III .5% (as of December 31, 2003) JPMP Cayman IV .3% (as of December 31, 2003) Morgan Capital: .7% (as of December 31, 2003) Corsair: 2.4% (as of December 31, 2003) (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (i) JPMP (BHCA): 7,878,880 JPMP Global: 37,817 JPMP Global A: 125,999 JPMP Cayman: 632,393 JPMP Cayman II: 70,582 JPMP Cayman III: 720,111 JPMP Cayman IV: 534,318 Morgan Capital: 1,107,021 Corsair: 3,706,111 (ii) Not applicable (iii) JPMP (BHCA): 7,878,880 JPMP Global: 37,817 JPMP Global A: 125,999 JPMP Cayman: 632,393 JPMP Cayman II: 70,582 JPMP Cayman III: 720,111 JPMP Cayman IV: 534,318 Morgan Capital: 1,107,021 Corsair: 3,706,111 (iv) Not applicable ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not applicable ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable. Page 12 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not applicable. ITEM 10. CERTIFICATION Not applicable Page 13 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 11, 2004 J.P. MORGAN PARTNERS (BHCA), L.P. By: JPMP Masterfund Manager, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ----------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ----------------------------------- Name: Jeffrey C. Walker Title: President J.P, MORGAN PARTNERS GLOBAL INVESTORS A, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ----------------------------------- Name: Jeffrey C. Walker Title: President Page 14 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN), L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ----------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) II, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ----------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) III, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ----------------------------------- Name: Jeffrey C. Walker Title: President Page 15 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) IV, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ----------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN CAPITAL, L.P. By: JPMP Capital LLC, its General Partner By: /s/ Jeffrey C. Walker ----------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN CORSAIR II OFFSHORE CAPITAL PARTNERS, L.P. By: Corsair II Offshore, L.L.C. its General Partner By: Corsair II, L.P., its Managing Member By: Corsair II, L.L.C., its General Partner By: /s/ Amy Knapp ----------------------------------- Name: Amy Knapp Title: Chief Financial Officer Page 16 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 EXHIBIT 2(a) ITEM 2. IDENTITY AND BACKGROUND. This statement is being filed by J.P. Morgan Partners (BHCA), L.P., a Delaware limited partnership (hereinafter referred to as "JPMP (BHCA)"), whose principal business office is located 1221 Avenue of the Americas, New York, New York 10020. JPMP (BHCA) is engaged in the venture capital, private equity and leveraged buyout business. The general partner of JPMP (BHCA) is JPMP Master Fund Manager, L.P., a Delaware limited partnership (hereinafter referred to as "JPMP Master Fund"), whose principal business office is located at the same address as JPMP (BHCA), and is also engaged directly and indirectly (through affiliates) in the venture capital, private equity and leveraged buyout business. This statement is also being filed by J.P. Morgan Partners Global Investors, L.P., a Delaware limited partnership ("JPMP Global"), whose principal place of business is located at the same address as JPMP (BHCA); J.P. Morgan Partners Global Investors A, L.P., a Delaware limited partnership ("JPMP Global A"), whose principal place of business is located at the same address as JPMP (BHCA); J.P. Morgan Partners Global Investors (Cayman), L.P., a limited partnership organized under the laws of the Cayman Islands ("JPMP Cayman"), whose principal place of business is located at the same address as JPMP (BHCA); J.P. Morgan Partners Global Investors (Cayman) II, L.P., a limited partnership organized under the laws of the Cayman Islands ("JPMP Cayman II"), whose principal place of business is located at the same address as JPMP (BHCA); J.P. Morgan Partners Global Investors (Cayman) III, L.P., a limited partnership organized under the laws of the Cayman Islands ("JPMP Cayman III"), whose principal place of business is located at the same address as JPMP (BHCA); and J.P. Morgan Partners Global Investors (Cayman) IV, L.P., a limited partnership organized under the laws of the Cayman Islands ("JPMP Cayman IV" and collectively with JPMP Global, JPMP Global A, JPMP Cayman, JPMP Cayman II and JPMP Cayman III, the "Global Fund Entities"), whose principal place of business is located at the same address as JPMP (BHCA) ). Each of the Global Fund Entities is also engaged in the venture capital, private equity and leveraged buyout business. The general partner of each of the Global Fund Entities is J.P. Morgan Partners Global Investors, L.P., a Delaware limited partnership ("JPMP Investors"), whose principal place of business is located at the same address as JPMP (BHCA). JPMP Investors is engaged indirectly in the venture capital, private quity and leveraged buyout business as general partner of each of the Global Fund Entities. The general partner of each of JPMP Master Fund and JPMP Investors, L.P. is JPMP Capital Corp., a New York corporation (hereinafter referred to as "JPMP Capital Corp."), whose principal business office is located at the same address as JPMP (BHCA), and is also engaged directly and indirectly (through affiliates) in the venture capital, private equity and leveraged buyout business. Set forth in SCHEDULE A hereto and incorporated herein by reference are the names, business addresses, principal occupations and employments of each executive officer and director of JPMP Capital Corp. This statement is also being filed by J.P. Morgan Capital, L.P., a Delaware limited partnership ("Morgan Capital"), whose principal place of business is located at the same address as JPMP (BHCA) and J.P. Morgan Corsair II Offshore Capital Partners, L.P., a limited partnership organized under the laws of the Cayman Islands ("Corsair"), whose principal place of business is located at 277 Park Avenue New York, New York 10172. Each of Morgan Capital and Corsair is engaged in the private equity and leveraged buyout business. The general partner of Corsair is Corsair II Offshore, L.L.C., a Delaware limited liability company ("Corsair LLC"), whose principal place of business is located at the same address as Corsair. Corsair LLC is also engaged directly and indirectly (through affiliates) in the private equity and leveraged buyout business. The Managing Member of Corsair LLC is Corsair II, L.P., a Delaware limited partnership ("Corsair LP"), whose principal place of business is located at the same address as Corsair. Corsair LP is also engaged directly and indirectly (through affiliates) in the private equity and leveraged buyout business. The general partner of Corsair LP is Corsair II, L.L.C., a Delaware limited liability company ("Corsair II"), whose principal place of business is located at the same address as Corsair. Corsair II is also engaged directly and indirectly (through affiliates) in the private equity and leveraged buyout business. Set forth in SCHEDULE B hereto and incorporated herein by reference are the names, business addresses, principal occupations and employments of each executive officer and director of Corsair II. The Managing Member of Corsair II is J.P. Morgan Investment Partners, L.P., a Delaware limited partnership ("JPM Investment"), whose principal place of business is located at the same address as JPMP (BHCA). JPM Investment is also engaged directly and indirectly (through affiliates) in the private equity and leveraged buyout business. The general partner of Morgan Capital and JPM Investment is JPMP Capital, L.L.C. (formerly known as Page 17 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 J.P. Morgan Capital Corporation), a Delaware limited liability company ("JPMP Capital"), whose principal place of business is located at the same address as JPMP (BHCA). JPMP Capital is also engaged directly and indirectly (through affiliates) in the venture capital, private equity and leveraged buyout business. Set forth in SCHEDULE C hereto and incorporated herein by reference are the names, business addresses, principal occupations and employments of each executive officer and director of JPMP Capital. Each of JPMP Capital Corp. and JPMP Capital is a wholly owned subsidiary of J.P. Morgan Chase & Co., a Delaware corporation (hereinafter referred to as "JP Morgan Chase") which is engaged (primarily through subsidiaries) in the commercial banking business with its principal office located at 270 Park Avenue, New York, New York 10017. Set forth in SCHEDULE D hereto and incorporated herein by reference are the names, business addresses, principal occupations and employments of each executive officer and director of JP Morgan Chase. Page 18 of 28 Pages EXHIBIT 2(B) JOINT FILING AGREEMENT The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that he or it knows or has reason to believe that such information is accurate. Dated this 11th day of February, 2004. J.P. MORGAN PARTNERS (BHCA), L.P. By: JPMP Masterfund Manager, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /S / JEFFREY C. WALKER ------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /S/ JEFFREY C. WALKER ----------------------------- Name: Jeffrey C. Walker Title: President Page 19 of 28 Pages J.P, MORGAN PARTNERS GLOBAL INVESTORS A, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /S/ JEFFREY C. WALKER ------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN), L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /S/ JEFFREY C. WALKER ------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) II, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /S/ JEFFREY C. WALKER ------------------------------- Name: Jeffrey C. Walker Title: President Page 20 of 28 Pages J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) III, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /S/ JEFFREY C. WALKER ------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) IV, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /S/ JEFFREY C. WALKER ------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN CAPITAL, L.P. By: JPMP Capital LLC, its General Partner By: /S/ JEFFREY C. WALKER ------------------------------- Name: Jeffrey C. Walker Title: President Page 21 of 28 Pages J.P. MORGAN CORSAIR II OFFSHORE CAPITAL PARTNERS, L.P. By: Corsair II Offshore, L.L.C. its General Partner By: Corsair II, L.P., its Managing Member By: Corsair II, L.L.C., its General Partner By: ------------------------------- Name: Amy Knapp Title: Chief Financial Officer Page 22 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 SCHEDULE A JPMP CAPITAL CORP. EXECUTIVE OFFICERS(1) President Jeffrey C. Walker* Chief Investment Officer Arnold L. Chavkin* Managing Director Dr. Dana Beth Ardi* Managing Director Christopher C. Behrens* Managing Director Julie Casella-Esposito* Managing Director Rodney A. Ferguson* Managing Director Cornell P. French* Managing Director Michael R. Hannon* Managing Director Alfredo Irigoin* Managing Director Andrew Kahn* Managing Director Jonathan R. Lynch* Managing Director Stephen P. Murray* Managing Director Timothy Purcell* Managing Director Faith Rosenfeld* Managing Director Shahan D. Soghikian* Managing Director Timothy J. Walsh* Managing Director Richard D. Waters, Jr. * Managing Director Damion E. Wicker, M.D.* DIRECTORS(1) William B. Harrison** Jeffrey C. Walker* - ------------------------- (1) Each of whom is a United States citizen except for Mr. Irigoin. * Principal occupation is employee and/or officer of J.P. Morgan Partners, LLC. Business address is c/o J.P. Morgan Partners, LLC, 1221 Avenue of the Americas, New York, New York 10020. ** Principal occupation is employee or officer of J.P. Morgan Chase & Co. Business address is c/o J.P. Morgan Chase & Co., 270 Park Avenue, New York, New York 10017. Page 23 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 SCHEDULE B CORSAIR II, L.L.C. EXECUTIVE OFFICERS(1) Chairman Nicholas Paumgarten* President D.T. Ignacio Jayanti* Vice President T. Kimball Brooker, Jr.* Chief Financial Officer Amy Knapp* DIRECTORS(1) Nicholas Paumgarten* Jeffrey C. Walker** Richard Herbst* - ------------------------- (1) Each of whom is a United States citizen, except D.T. Ignacio Jayanti. * Principal occupation is employee or officer of J.P. Morgan Chase & Co. Business address is c/o Corsair II, L.L.C. Co., 277 Park Avenue, New York, New York 10172. ** Principal occupation is employee and/or officer of J.P. Morgan Partners, LLC. Business address is c/o J.P. Morgan Partners, LLC, 1221 Avenue of the Americas, New York, New York 10020. Page 24 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 SCHEDULE C JPMP CAPITAL, L.L.C. EXECUTIVE OFFICERS(1) President Jeffrey C. Walker* Chief Investment Officer Arnold L. Chavkin* Managing Director Dr. Dana Beth Ardi* Managing Director Christopher C. Behrens* Managing Director Julie Casella-Esposito* Managing Director Rodney A. Ferguson* Managing Director Cornell P. French* Managing Director Michael R. Hannon* Managing Director Alfredo Irigoin* Managing Director Andrew Kahn* Managing Director Jonathan R. Lynch* Managing Director Stephen P. Murray* Managing Director Timothy Purcell* Managing Director Faith Rosenfeld* Managing Director Shahan D. Soghikian* Managing Director Timothy J. Walsh* Managing Director Richard D. Waters, Jr. * Managing Director Damion E. Wicker, M.D.* DIRECTORS(1) William B. Harrison** Jeffrey C. Walker* - ------------------------- (1) Each of whom is a United States citizen except for Mr. Irigoin. * Principal occupation is employee and/or officer of J.P. Morgan Partners, LLC. Business address is c/o J.P. Morgan Partners, LLC, 1221 Avenue of the Americas, New York, New York 10020. ** Principal occupation is employee or officer of J.P. Morgan Chase & Co. Business address is c/o J.P. Morgan Chase & Co., 270 Park Avenue, New York, New York 10017. Page 25 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 SCHEDULE D J.P. MORGAN CHASE & CO. EXECUTIVE OFFICERS(1) Chairman of the Board and Chief Executive Officer William B. Harrison Jr.* Vice Chairman David A. Coulter* Vice Chairman Thomas B. Ketchum* Vice Chairman Donald H. Layton* Vice Chairman Jeffrey C. Walker** Vice Chairman; Head of Finance, Risk Management and Administration Marc J. Shapiro* Executive Officer Donald H. McCree III* Executive Vice President; Chief Financial Officer Dina Dublon* Executive Vice President; Head of Market Risk Management Lesley Daniels Webster* General Counsel William H. McDavid* Director of Human Resources John J. Farrell* Director of Corporate Marketing and Communications Frederick W. Hill* Controller Joseph L. Scalfani*
- ------------------------- (1) Each of whom is a United States citizen. Page 26 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 DIRECTORS(1) PRINCIPAL OCCUPATION OR EMPLOYMENT; NAME BUSINESS OR RESIDENCE ADDRESS - -------------------------------------------------------------------------------- Hans W. Becherer Retired Chairman of the Board and Chief Executive Officer Deere & Company One John Deere Place Moline, IL 61265 - -------------------------------------------------------------------------------- Riley P. Bechtel Chairman and Chief Executive Officer Bechtel Group, Inc. P.O. Box 193965 San Francisco, CA 94119-3965 - -------------------------------------------------------------------------------- Frank A. Bennack, Jr. President and Chief Executive Officer The Hearst Corporation 959 Eighth Avenue New York, New York 10019 - -------------------------------------------------------------------------------- John H. Biggs Former Chairman and Chief Executive Officer TIAA-CREF 730 Third Avenue New York, New York 10017 - -------------------------------------------------------------------------------- Lawrence A. Bossidy Chairman of the Board Honeywell International P.O. Box 3000 Morristown, NJ 07962-2245 - -------------------------------------------------------------------------------- M. Anthony Burns Chairman of the Board Ryder System, Inc. 3600 N.W. 82nd Avenue Miami, Florida 33166 - -------------------------------------------------------------------------------- Ellen V. Futter President and Trustee American Museum of Natural History Central Park West at 79th Street New York, NY 10024 - -------------------------------------------------------------------------------- William H. Gray, III President and Chief Executive Officer The College Fund/UNCF 9860 Willow Oaks Corporate Drive P.O. Box 10444 Fairfax, Virginia 22031 - -------------------------------------------------------------------------------- William B. Harrison, Jr. Chairman of the Board and Chief Executive Officer J.P. Morgan Chase & Co. 270 Park Avenue, 8th Floor New York, New York 10017-2070 - -------------------------------------------------------------------------------- Helene L. Kaplan Of Counsel Skadden, Arps, Slate, Meagher & Flom LLP Four Times Square New York, New York 10036 - -------------------------------------------------------------------------------- Lee R. Raymond Chairman of the Board and Chief Executive Officer Exxon Mobil Corporation 5959 Las Colinas Boulevard Irving, TX 75039-2298 - -------------------------------------------------------------------------------- - ------------------------- (1) Each of whom is a United States citizen. Page 27 of 28 Pages SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 PRINCIPAL OCCUPATION OR EMPLOYMENT; NAME BUSINESS OR RESIDENCE ADDRESS - -------------------------------------------------------------------------------- John R. Stafford Chairman of the Board American Home Products Corporation 5 Giralda Farms Madison, New Jersey 07940 - -------------------------------------------------------------------------------- Page 28 of 28 Pages -----END PRIVACY-ENHANCED MESSAGE-----