Latest Alliedworldinsurance Headlines

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Allied World Posts $89.4 Million Q1 Net

May 3 2004 // Bermuda- based Allied World Assurance Holdings (AWAC) reported net income of $89.4 million for the first quarter 2004, compared to $55.8 million for the first quarter of 2003. Highlights of the company’s report...

Allied World Promotes Nessa Goodman to Assistant VP-General Casualty

Feb 13 2004 // Allied World Assurance Co. [Europe], Limited [AWAC Europe] announced that Nessa Goodman has been promoted to the position of Assistant Vice President, General Casualty. She joined AWAC on November 4, 2002, in the position...

Allied World Comments on Best’s ‘A+’ Rating

Jan 8 2004 // Allied World Assurance Company, Ltd. (AWAC) issued a comment on the “A+” (Superior) Rating, recently affirmed by A.M. Best Co. The rating agency had originally accorded the newly formed Bermuda-based insurer...

Best Affirms Allied World Assurance

Nov 13 2003 // A.M. Best Co. has affirmed the financial strength rating of “A+” (superior) of Bermudian insurer Allied World Assurance Co. Ltd. (AWAC) and its reinsured affiliated companies. Additionally, A.M. Best assigned...

Allied World Reports $71.6 Million Q3 Net

Nov 3 2003 // One of Bermuda’s newer insurers, Allied World Assurance Holdings, Ltd., is doing very well. It reported net income of $71.6 million for the third quarter 2003, compared to $40.9 million for the third quarter last...

Allied World (Europe) Officially Opens London Office

Sep 10 2003 // Allied World Assurance Company (Europe) Ltd. celebrated the opening of its London underwriting branch with a reception at its offices at 22 Billiter Street yesterday. The London facility was recently approved by the...

Allied World Opens London Underwriting Branch

May 22 2003 // Bermuda-based Allied World Assurance Holdings, Ltd announced the opening in London of the first underwriting branch of its Irish insurance subsidiary, Allied World Assurance Company (Europe) Limited (AWAC-E), under the...

Allied World Increases Capacity

Feb 28 2003 // Bermuda-based Allied World Assurance Company, Ltd. (AWAC) announced that “in response to the continued contraction of capacity for excess casualty coverage,” it has doubled the limit for qualifying renewals and...

Allied World Assurance Holdings Notes 4thQ Results

Feb 24 2003 // Bermuda-based Allied World Assurance Holdings, Ltd. reported net income of $42.8 million for the fourth quarter and $127.6 million for the year ended Dec. 31, 2002. Allied World Assurance Holdings, Ltd. was incorporated in...

Allied World Assurance Holdings Posts $40.9 Million Q3 Net

Oct 31 2002 // Two weeks before its first birthday Bermuda-based Allied World Assurance Holdings, LTD reported net income of $40.9 million for the third quarter and $84.9 million for the nine months ended September 30, 2002. The company...

Allied World Assurance Holdings Opens Irish Subsidiary in Dublin

Oct 29 2002 // Bermuda-based Allied World Assurance Holdings, Ltd. announced that the company has been granted a license to operate in Ireland and has commenced business with the opening of a new office in Dublin. The bulletin explained...

Allied World Announces Two Executive Appointments

Oct 9 2002 // Bermuda-based Allied World Assurance Company, Ltd (AWAC) announced that Gerald W. Browning has joined the company as a VP, responsible for the Casualty Facultative Reinsurance Department, and that Sylvan D. Richards Jr....

Allied World Names Sr. Underwriter, Asst. VP

Sep 10 2002 // Bermuda-based Allied World Assurance Company (AWAC) announced that Scott Carmilani has been named to the position of Senior Underwriting Officer and that Leon L. Bascome has been appointed to the position of Assistant VP,...

Allied World Assurance Reports $26.2M in Net Income for 2ndQ

Jul 23 2002 // Bermuda-based Allied World Assurance Holdings, Ltd, has reported net income of $26.2 million for the second quarter and $44.0 million for the six months ended June 30, 2002. Gross premiums written were $278.5 million in...

Allied World Assurance Holdings, Ltd. Purchases Pair of U.S. Companies

Jul 17 2002 // Allied World Assurance Holdings, Ltd. announced that its Irish resident subsidiary, Allied World Assurance Holdings (Ireland), Ltd. has completed the acquisition of Commercial Underwriters Insurance Company and Newmarket...

Allied World Names William Davis Jr. as Sr. VP-Reinsurance

Jun 7 2002 // Bermuda’s Allied World Assurance Company announced the appointment of William Davis Jr. as Senior VP of its Reinsurance Department, based at the company’s new headquarters and operational center in...

Allied World Appoints Scott Carmilani Exec. VP

Apr 11 2002 // The newly formed, Bermuda-based, Allied World Assurance Company, Ltd. (AWAC) announced the appointment of Scott Carmilani as its new executive vice president. AWAC is a joint venture headed by American International Group,...