Latest Alliedworldinsurance Headlines
All the headlines from our Alliedworldinsurance Topic Page, ordered by recency.
Allied World Joins with Security Firm for K&R Coverage
May 12 2010 // Bermuda-based Allied World Assurance Company Holdings announced today that it has joined forces with red24™, an independent, global security consultancy firm. The tie up will enhance Allied World’s new...
8 New Markets in Response to Current Trends
Mar 22 2010 // Insurance Companies Generate New Programs to Bring in Additional Premium The last few years of the soft market have forced many carriers and agencies to get creative when it comes to bringing in additional premium. This...
Allied World Announces Executive Promotions
Mar 17 2010 // Bermuda-based Allied World Assurance Company Holdings has announced a number of senior-level promotions effective March 1, 2010. In Bermuda, Tracey Gibbons was promoted from Vice President, Casualty Treaty Reinsurance to...
Iordanou Named New York Regional Branch Manager for Allied World
Feb 3 2010 // Allied World Assurance Co. has named Theana Iordanou as vice president and New York regional branch manager. Iordanou will be responsible for managing profit and loss for the New York region and will work with the business...
Best Affirms Allied World and Operating Affiliates ‘A’ Ratings
Jul 16 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Allied World Assurance Company and its operating affiliates....
Cotter to Head New Allied World Hong Kong Branch
Mar 27 2009 // Allied World Assurance Company Holdings announced the opening of a branch office in Hong Kong in order to expand its operations into Asia. Bill Cotter, Senior Vice President, Asia, will oversee all Asian insurance...
Allied World Q4 Net Income Down 83.9%; Full Year Drops 60.8%
Feb 6 2009 // Allied World Assurance Company Holdings reported net income of $19.9 million, or $0.39 per diluted share, for the fourth quarter of 2008 compared to net income of $123.0 million, or $2.01 per diluted share, for the fourth...
Allied World U.S. Opens New Offices in Western Region
Jan 15 2009 // Allied World Assurance Co. Holdings Ltd. announced the recent opening of two new Allied World U.S. offices in California, located in Costa Mesa and Los Angeles. These offices were opened to expand distribution of Allied...
Allied World $46 Million Q3 Net Loss; 9-Month Net Income $164 Million
Nov 10 2008 // Bermuda-based Allied World Assurance Company Holdings reported a net loss of $46.4 million, or $0.95 per diluted share, for the third quarter of 2008 compared to net income of $109.0 million, or $1.72 per diluted share,...
Allied World Reports Q3 Loss
Nov 7 2008 // Allied World Assurance Co. Holdings, Ltd., which closed on its acquisition of Darwin Professional Underwriters in October, reported a net loss of $46.4 million for the third quarter ending Sept. 30, 2008 compared to net...
Best Upgrades Darwin Group’s Ratings after Acquisition by Allied World
Oct 29 2008 // A.M. Best Co. has upgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of the...
Allied World Completes Darwin Deal
Oct 21 2008 // Bermuda-based Allied World Assurance Company Holdings announced that it has completed its acquisition of Darwin Professional Underwriters, Inc. Darwin, a specialty insurer based in Farmington, Connecticut, will become part...
DarwinPro Merger with Allied World a Done Deal
Oct 21 2008 // Alleghany Corp. reports that the previously announced merger of its subsidiary Darwin Professional Underwriters, Inc. with Allied World Assurance Co. Holdings, Ltd. has been completed. Under the terms of the transaction,...
Allied World Names D’Orazio Chief Underwriter; Bell Operating and Admin.
Sep 11 2008 // Allied World Assurance Company Holdings has announced two senior management promotions. Frank D’Orazio has been named Chief Underwriting Officer of Allied World Assurance Company, its Bermuda insurance subsidiary,...
Allied World to Open Swiss Branch
Sep 9 2008 // Bermuda-based Allied World Assurance Company Holdings announced that it will open a branch office in Zug, Switzerland that offers reinsurance products throughout Europe and beyond. The office, located at Lindenstrasse 4,...
Business Moves
Aug 21 2008 // Allied World, Darwin Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc. Darwin offers specialty and primary professional lines coverages, which...
Business Moves
Aug 21 2008 // Allied World, Darwin Professional Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc. Darwin offers specialty and primary professional lines...
Allied World Q2 Net Income Drops by 35% to $79 Million
Aug 11 2008 // Bermuda-based Allied World Assurance Company Holdings reported net income of $79.2 million, or $1.56 per diluted share, for the second quarter of 2008, compared to net income of $123.3 million, or $1.96 per diluted share,...
S&P Puts Allied World On CreditWatch Negative after Darwin Deal
Jul 2 2008 // Standard & Poor’s Ratings Services has placed its ‘BBB’ counterparty credit rating on Bermuda-based Allied World Assurance Co. Holdings Ltd. (AWH) on CreditWatch with negative implications. S&P...
Ratings Recap: Darwin, Cincinnati Financial, Arch Indemnity, Prospect
Jul 2 2008 // A.M. Best Co. has placed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Darwin Group and its members under review with positive implications. Best...
