Latest Alliedworldinsurance Headlines
All the headlines from our Alliedworldinsurance Topic Page, ordered by recency.
Texas AG Settles $2.1M Antitrust Case with Allied World Assurance
Apr 13 2007 // A settlement has been reached in an investigation that Texas Attorney General Greg Abbott says uncovered collusion between a Bermuda-based commercial casualty insurer and various U.S. insurance companies. The settlement...
Davis to Retire from Allied World
Mar 26 2007 // Bermuda’s Allied World Assurance Company Holdings, Ltd. announced that G. William Davis, Executive VP – Worldwide Treaty and Facultative Reinsurance, is retiring from the company effective March 31, 2007. He...
Allied World Posts $128.4 Million Q4 Net; $442.8 Million Full Year
Feb 14 2007 // Bermuda’s Allied World Assurance Company Holdings, Ltd. reported net income of $128.4 million, or $2.04 per diluted share, for the fourth quarter 2006 compared to a net loss of $12.3 million, or $0.24 per diluted...
Allied World Names DeFeo to Board
Nov 16 2006 // Allied World Assurance Company Holdings, Ltd. announced the appointment of Philip DeFeo to its Board of Directors. He is a veteran financial executive who has over 38 years of experience in management, operations,...
Allied World Sets Q3 Earnings Announcement; Conference Call
Nov 3 2006 // Bermuda-based Allied World Assurance Company Holdings, Ltd. will release its financial results for the third quarter ended September 30, 2006 on Wednesday, November 8, 2006, after the market closes. Scott Carmilani,...
Allied World Q2 Net up 43% to $102.4 Million; Conference Call Today
Aug 9 2006 // Allied World Assurance Company Holdings, Ltd. joined the many Bermuda-based insurers, who have turned in strong second quarter and first half results. The Company reported net income of $102.4 million, or $2.02 per diluted...
Baldwin to Retire from Allied World’s UK Operations
Jul 28 2006 // Michael Baldwin, managing director of Allied World Assurance Company’s London branch, is retiring from the company effective Monday, July 31, 2006. Baldwin was one of four founding members of Allied World during its...
Allied World – $98.1 Million Q1 Net
May 31 2006 // Bermuda’s Allied World Assurance Holdings, Ltd. reported net income of $98.1 million for the first quarter 2006, compared to net income of $64.4 million for the first quarter last year, a 35 percent gain. Operating...
Allied World Posts $23.9 Million Q4 Net Loss; $159.8 Million Full Year
Mar 3 2006 // Bermuda-based Allied World Assurance Holdings, Ltd. has reported a net loss of $23.9 million for the fourth quarter 2005, compared to net income of $103 million for the fourth quarter 2004. The net loss for the twelve...
Allied World Katrina Losses Between $200-$250 Million
Oct 12 2005 // Bermuda-based Allied World Assurance Holdings, Ltd. said it expects net losses arising from Hurricane Katrina to be in the $200 to $250 million range. “Our preliminary estimate is based on a combination of factors,...
Allied World Announces Three Management Changes
Aug 25 2005 // Allied World Assurance Company, Ltd. [AWAC] has announced the following management changes: — Daniel Brandon has been promoted to the position of senior vice president, Professional-Specialty Lines Treaty...
Allied World Assurance Reports Gain in Q2 Income from 2004
Aug 5 2005 // Bermuda-based Allied World Assurance Holdings Ltd. has reported net income of $75.3 million for the second quarter 2005, compared to $69.4 million for the second quarter last year, an increase of 8.4%. Net income for the...
Allied World Post Q1 Net Earnings Decrease to $64.4M
May 13 2005 // Bermuda-based Allied World Assurance Holdings Ltd. reported net income of $64.4 million for the first quarter 2005, compared to $89.4 million for the first quarter of 2004. Allied suffered losses of $18.9 million arising...
Allied World Assurance Unveils Q4 Report
Mar 2 2005 // Bermuda-based Allied World Assurance Holdings Ltd. reported record net income of $103.0 million for the fourth quarter 2004, compared to $87.2 million for the fourth quarter last year. Net income for the twelve months...
Best Affirms Allied World ‘A+’ Rating
Feb 23 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Bermuda-based Allied World Assurance Company, Ltd. (AWAC) and its reinsured operating subsidiaries with a stable...
Allied World Posts $64.7 Million Q3 Loss
Nov 3 2004 // Bermuda’s Allied World Assurance Holdings, Ltd reported a net loss of $64.7 million for the third quarter 2004, compared to net income of $71.6 million for the third quarter last year. Allied World, one of the new...
Allied World Formally Opens Dublin Office
Sep 10 2004 // Bermuda-based Allied World Assurance Holdings, Ltd. announced the formal opening of the European headquarters of its subsidiary, Allied World Assurance Company (Europe) Limited, in Georges Quay, Dublin. Mr. Charlie...
Allied World Opens London Office
Aug 31 2004 // Bermuda-based Allied World Assurance Holdings, Ltd., announced that its subsidiary, Allied World Assurance Company (Reinsurance) Limited (AWAC Re) has established and opened a branch office in London. AWAC Re commenced...
Allied World Assurance Expands N.Y. Operation for Underwriting
Aug 11 2004 // Allied World Assurance Holdings Ltd announced that its subsidiary, Allied World Assurance Company (U.S.) Inc., has expanded the capabilities of its New York office to underwrite excess liability and errors and omissions...
Allied World Widens Accident and Health Activities
Jul 7 2004 // Bermuda-based Allied World Assurance Holdings, Ltd. announced that its subsidiary, Allied World Assurance Company, Ltd. (AWAC), has entered into an agreement with Vespasian Management Limited, a London-based accident and...
