AXIS Capital Holdings Limited, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at March 31, 2020 of $4.8 billion and locations in Bermuda, the United States, Europe, Singapore, Canada and the Middle East.
We are a hybrid specialty insurance and global reinsurance company that is a leader in many of the markets where we choose to compete. We provide our clients and distribution partners with a broad range of risk transfer products and services, and meaningful capacity, backed by excellent financial strength. We manage our portfolio holistically, aiming to construct the optimum portfolio of risks, consistent with our risk appetite and the development of our franchise. We nurture an ethical, entrepreneurial and disciplined culture that promotes outstanding client service, intelligent risk taking and the achievement of superior risk-adjusted returns for our shareholders. We believe that the achievement of our objectives will position us as a global leader in specialty risks.
Our company purpose is to give people and organizations the confidence they need to pursue their goals and ambitions. We are deeply committed to this purpose and one way we live it is through our Corporate Citizenship program. In recent years, we have been growing our Citizenship program in the areas such as environment, diversity and inclusion, philanthropy and advocacy. The UN Principles for Sustainable Insurance are aligned with our strategy and becoming a signatory is an opportunity for our company to further advance our commitment to corporate social responsibility.
We provide a broad range of specialty lines insurance and treaty reinsurance solutions to our clients on a worldwide basis, through operating subsidiaries and branch networks based in Bermuda, the United States, Europe, Singapore, Canada and the Middle East. Our underwriting operations are organized around our global underwriting platforms, AXIS Insurance and AXIS Re.