Allied World Assurance Company Holdings News

Allied World Launches Product Recall Insurance in North America

Allied World Assurance Company Holdings, AG has added product recall insurance products for the U.S. and Canada through its Global Crisis Management Division. The product recall insurance offers both first party and third party coverage and it allows clients to …

Allied World’s Q1 Investment Income Rises 20%; Combined Ratio Worsens to 96%

First, the good news about Allied World’s 2016 first quarter: investment income grew by nearly 20 percent. Many other things for Allied World Assurance Company Holdings AG, however, were on a downward trajectory compared to the same period in 2015, …

Allied World Offers Trade Credit & Political Risk Products in Canada

Allied World Assurance Company Holdings AG announced its suite of trade credit & political risk insurance products are available in Canada, as part of the Global Crisis Management Division. This coverage helps clients mitigate the risk of non-payment due to …

Allied World Appoints Herron as VP in Australia Professional Liability Team

Allied World Assurance Co. Holdings announced that Michael Herron was appointed vice president, Professional Liability – Allied World Global Markets. Based in Sydney, Australia, Herron will be responsible for the growth and development of the company’s Australian professional liability business. …

Allied World Global Markets Appoints Cooke to Asia Marine Division

Allied World Assurance Company Holdings, AG announced that Tim Cooke has been appointed Vice President, Regional Head of Marine, based in Hong Kong. He will report to Bart Grefe, Senior Vice President, Head of Marine, Allied World Global Markets. Grefe …

Allied World Launches Global Crisis Management Division

Allied World Assurance Company Holdings, AG announced the launch of “a new Global Crisis Management Division, which is comprised of Structured Trade Credit, Political Risk, Multi-Buyer Trade Credit & Product Recall, which will operate under the leadership of Todd Germano, …

Allied World Global Markets Appoints Lisi to Augment Healthcare Team

Allied World Assurance Company Holdings AG announced that Allied World Global Markets has expanded its healthcare team with the appointment of Emma Lisi as assistant vice president. She will be based in Allied World’s London office. Lisi has over 13 …

Emerton and Fisher Join Allied World’s Expanded Casualty Team

Allied World Assurance Company Holdings, AG announced that its Allied World Global Markets unit has expanded its casualty team with the appointments of James Emerton as Vice President and Martin Fisher as Assistant Vice President. They will be based in …

Allied World Reports Decreases in Q2 Net and Operating Income

Allied World Assurance Company Holdings, AG has reported net income of $9.5 million, or $0.10 per diluted share, for the second quarter of 2015 compared to net income of $151.9 million, or $1.52 per diluted share, for the second quarter …

Allied World Global Markets Appoints Geyman, AVP, Onshore Construction

Allied World Global Markets has appointed Toby Geyman, assistant vice president, Onshore Construction, to further develop the product line. Geyman will be responsible for underwriting major U.K. and international onshore construction projects, operating from both the company’s Lloyd’s and European …