Latest Alliedworldinsurance Headlines
All the headlines from our Alliedworldinsurance Topic Page, ordered by recency.
Allied World Europe Expands Primary Professional Liability Product Suite
Nov 20 2012 // Allied World Europe has enhanced its suite of professional liability products to include primary capabilities. The new offering, Allied World Secure, consists of five products which cover a range of primary and excess...
Best Affirms Allied World and Subs Ratings; FSR Outlook Stable; ICR Positive
Nov 16 2012 // 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...
Broker Southwest Risk: Dispute with Allied World Settled
Oct 29 2012 // 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...
Allied World U.S., Venture Underwriters Launch GL Program for Contractors
Oct 25 2012 // Allied World U.S. and Venture Underwriters, Inc. have entered into an agreement to provide a general liability program for commercial contractors. The program will target specialty trade contractors and small general...
Alteris, Allied World to Offer New WaterPlus Program
Oct 3 2012 // Alteris Inc., a wholly-owned subsidiary of Argo Group International Holdings, Ltd. has launched of an expanded WaterPlus Program in partnership with Allied World Assurance Co. Holdings, AG. WaterPlus, which will be...
Allied World Europe Launches Corporate Property Line of Business
Oct 1 2012 // Allied World Europe has launched its Corporate Property line of business. The unit will target a range of European domiciled companies writing lead, co-insured and layered programs. Richard Nathan, Vice President, European...
People – East
Jul 23 2012 // Pawtucket, R.I.-based Narragansett Bay Insurance Company recently named Todd Hart as the new chief executive officer. Narragansett Bay founder Nick Steffey, who has stepped down from the CEO role, will continue as...
AIG Executive Joins Allied World’s Excess Casualty Unit in New York
Jul 19 2012 // Allied World U.S., part of Switzerland-headquartered Allied World Assurance Company Holdings AG, has appointed Kevin Maloney as vice president, excess casualty.Kevin MaloneyBased in Allied’s New York City office,...
Allied World U.S. Launches Construction Casualty Unit in New York
Jul 11 2012 // 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...
Business Moves – East
Jun 4 2012 // W.R. Berkley Greenwich, Conn.-headquartered W. R. Berkley Corp. announced that it formed a new marine division of its Berkley Offshore Underwriting Managers operating unit. Through its New York office, Berkley Offshore...
Allied World Assurance Company Opens Philadelphia Office
May 22 2012 // Allied World Assurance Company Holdings announced the opening of Allied World U.S.’s new office in Philadelphia. The company also said Mike Sobel, vice president, has been appointed Philadelphia branch manager and...
Earnings Reports: Allied World, Endurance Specialty, RenaissanceRe
May 3 2012 // 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...
Allied World Re Opens Miami Office for Latin America; Names Turkel Senior VP
May 2 2012 // 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...
Allied World U.S. Appoints P/C Division President in New York
Apr 18 2012 // 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...
Allied World U.S. Creates Mergers & Acquisitions Division
Feb 21 2012 // Allied World U.S. has expanded its professional lines operations through the launch of a new mergers and acquisitions division that will be headed up by Jeff Anderson, vice president, in the company’s New York...
Marsh and Allied World Launch Coverage for Corporate Officers
Feb 8 2012 // Marsh and Allied World Assurance Co. have rolled out a new product to cover the costs associated with Responsible Corporate Officer (RCO) investigations and related enforcement actions. The product was designed to help...
Allied World to Write Reinsurance in Malayasia
Dec 1 2011 // 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...
Allied World Launches Primary EPL Product
Nov 18 2011 // Allied World Bermuda has launched a new primary employment practices liability (EPL) product for companies needing a comprehensive coverage package. The product, 32°/64°, offers flexible retention options and built-in...
Best Revises Allied World, Affiliates ICR Outlook to Positive; Affirms Ratings
Oct 26 2011 // 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...
For Allied World, Is No Deal a Better Deal?
Oct 5 2011 // Allied World Assurance Co. Holdings Ltd.’s withdrawal from a bidding race for Transatlantic Holdings may have cost it the chance to beef up its portfolio, but a nimbler Allied may be better able to navigate choppy...
