Axis Capital Holdings Ltd. will redeem all 9 million of its outstanding 5.50% series D preferred shares Jan. 17, 2020, par value 1.25 cents per share and liquidation preference $25 apiece.

The shares represent $225.0 million in aggregate liquidation preference. The redemption will include any declared and unpaid dividends to, but excluding, the redemption date, without accumulation of any undeclared dividends.

Computershare Trust Co. NA is the redemption agent.