A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent and the issuer credit ratings (ICR) of “a” of Allied World Assurance Company, Ltd and its operating affiliates. The outlook for the FSR is stable, while the …
Insurance broker Southwest Risk LP, based in Dallas, announced it has settled a dispute with Allied World Assurance Co. The announcement released by Southwest Risk did not elaborate on the nature of the dispute but Allied World in July raised …
Allied World U.S., part of Switzerland-headquartered Allied World Assurance Company Holdings AG, has appointed Kevin Maloney as vice president, excess casualty.Based in Allied’s New York City office, Maloney will oversee the management and build-out of Allied World’s real estate and …
Switzerland-headquartered Allied World Assurance Company Holdings AG has expanded its U.S. casualty operations with the launch of a new construction casualty division. The new division will be run from Allied’s New York office, where the majority of the company’s U.S. …
Selected earnings highlights from Allied World Assurance for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 Gross premiums written ———— $680.292 mn $560.688 mn Net premiums written ————— $588.953 mn $480.871 mn Net premiums …
Allied World Reinsurance Co. has opened a new office in Miami in order to further expand its operations in Latin America. The Miami office will be Allied World Re’s hub for all classes of treaty business in the region. The …
Allied World Assurance Company Holdings AG said industry veteran Lou Iglesias joined Allied World U.S. as president of the property/casualty division. He will be based in New York City. His responsibility will include overseeing underwriting and servicing all program, property, …
Allied World Assurance Co. Ltd said it will commence writing reinsurance business in Malaysia from its Labuan branch. The official operating license was granted in July 2011 and will allow Allied World to write all classes of treaty reinsurance and …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the issuer credit ratings (ICR) of “a” of Allied World Assurance Company, Ltd and its operating affiliates. Best also affirmed the financial strength rating (FSR) of ‘A …
Reinsurers Allied World Assurance Co. Holdings Ltd and Transatlantic Holdings Inc. called off their merger Friday in the face of overwhelming opposition, leaving Transatlantic to decide between two larger, unsolicited offers. Allied World said in a statement it would receive …
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