Latest Allied World Headlines
All the headlines from our Allied World Topic Page, ordered by recency.
Allied World to Acquire RSA’s Hong Kong, Singapore Operations
Aug 22 2014 // Allied World Assurance Company Holdings, AG announced that one of its operating units, Allied World Assurance Company, Ltd. has reached definitive agreements to acquire the Hong Kong and Singapore operations of Royal &...
Allied World Names Bender CEO for Global Reinsurance Operations
Aug 21 2014 // Allied World Assurance Company Holdings, AG announced the appointment of John Bender as CEO for the company’s global reinsurance operations. He has overseen Allied World’s reinsurance platform globally since...
Allied World to Build Out Canadian Energy Market Property Coverage, Hires Two Vets to Lead
Aug 14 2014 // Allied World Assurance Company Holdings, AG has launched its property line for energy risks in the Canadian market with a new team of underwriters. The company launched its initial property & excess casualty offerings...
Allied World Europe Expands Professional Liability Team
Aug 1 2014 // Allied World Assurance Company Holdings, AG announced that Allied World Europe has expanded its professional liability team with the addition of two new vice presidents, Alec Goodair as Vice President, European Financial...
Allied World Reports $151.9 Million Q2 Net Income
Jul 24 2014 // Allied World Assurance Company Holdings, AG reported net income of $151.9 million, or $1.52 per diluted share, for the second quarter of 2014 compared to a net loss of $1.9 million, or $0.02 per diluted share, for the...
Allied World Adds Excess D&O to Product Offerings in Canada
Jul 11 2014 // Swiss-based Allied World Assurance Company Holdings, AG announced that it has added Excess D&O coverage to its existing management liability product suite in the Canadian market. The announcement said the “Excess...
Cotter to Head New Allied World Office in Sydney, Australia
May 29 2014 // Allied World Assurance Company Holdings, AG announced the opening of a new branch office of Allied World Assurance Company, Ltd in Sydney, Australia “to further expand distribution networks in the Asia Pacific...
Allied World Offers Casualty Lines for Canadian Market
May 14 2014 // Allied World Assurance Co. Holdings has launched an initial property /casualty offering in the Canadian market. Gord Kerr, senior vice president, chief agent and branch manager, will oversee the buildout of these lines and...
Allied World Bermuda Launches the Thirty2°/Sixty4 Suite
May 6 2014 // Allied World Assurance Company Holdings, AG announced the launch of a Bermuda’s “Thirty2°/Sixty4°” suite that addresses a wide range of liability exposures currently facing corporations and their...
Allied World: Dividend Increase; New Share Repurchases; 3 to 1 Stock Split
May 2 2014 // Allied World Assurance Company Holdings, AG announced that its shareholders approved the following proposals at the Annual Shareholder Meeting: An annual dividend increase of 35 percent, from $2.00 per share to $2.70 per...
Müller to Head New Allied World Europe Onshore Construction Unit
May 2 2014 // Allied World Europe has launched an Onshore Construction insurance line of business and appointed Alf Müller as senior vice president to lead the team. He will be responsible for building the line of business and...
Allied World No. Am. Launches ‘ForceField’ Product Suite in Canada
Apr 30 2014 // Allied World Assurance Company Holdings, AG announced today the launch of its ForceField management liability product suite in the Canadian market. ForceField offers five coverage components including: Directors &...
Allied World Posts $177 Million Q1 Net Income; Underwriting, Investment Gains
Apr 24 2014 // Allied World Assurance Company Holdings, AG reported net income of $177.0 million, or $5.23 per diluted share, for the first quarter of 2014 compared to net income of $159.0 million, or $4.49 per diluted share, for the...
Kerr to Head New Allied World Canada Branch Office
Apr 16 2014 // Allied World Assurance Company Holdings, AG announced the opening of a branch office in Toronto, Ontario to further expand its North American insurance operations. Allied World appointed Gord Kerr as Senior Vice President,...
Allied World U.S. Launches Coverage for Liability, Expenses of Privacy Breach
Apr 3 2014 // Allied World U.S. has launched Privacy//403 SRVS, a Specified Response Vendor Solution (SRVS) policy to provide coverage for liability and expenses associated with the compromise of sensitive information and information...
Allied World Approved to Launch New Managing Agency at Lloyd’s
Mar 31 2014 // Allied World Assurance Company Holdings, AG announced that it has received approval from Lloyd’s, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to establish its own Lloyd’s...
Allied World Bermuda Upgrades Public Company D&O Coverage
Mar 13 2014 // Allied World Bermuda has upgraded its Executive ForceField policy to provide enhanced coverage for the protection of directors and officers of public companies. This upgraded Side ‘A’ directors & officers...
Allied World Proposes 35% Dividend Increase, Share Repurchase; 3 to1 Stock Split
Mar 4 2014 // Allied World Assurance Company Holdings, AG announced that in its recently filed Preliminary Proxy Statement with the U.S. Securities and Exchange Commission, the company’s Board of Directors has proposed the...
Allied World Reports $137.9 Million Q4 Net Income; $417.9 for FY 2013
Feb 6 2014 // Allied World Assurance Company Holdings, AG reported net income of $137.9 million, or $4.01 per diluted share, for the fourth quarter of 2013 compared to a net loss of $41.1 million, or $1.17 per diluted share, for the...
Iglesias Succeeds Knight As President of Allied World North America
Jan 17 2014 // Allied World Assurance Company Holdings, AG has appointed Lou Iglesias as president for Allied World North America. Iglesias is currently president, U.S. Property & Casualty. He succeeds Gordon Knight who is retiring...