Allied World Assurance News

Kerr to Head New Allied World Canada Branch Office

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, Chief Agent & Branch Manager for the …

Allied World Proposes 35% Dividend Increase, Share Repurchase; 3 to1 Stock Split

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 following actions: — An annual dividend increase of 35 percent, …

Allied World Reports $137.9 Million Q4 Net Income; $417.9 for FY 2013

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 fourth quarter …

Allied World Reports $122.8 Million Q3 Net Income; $101.8 Million Operating

Allied World Assurance Company Holdings, AG reported net income of $122.8 million, or $3.54 per diluted share, for the third quarter of 2013 compared to net income of $219.6 million, or $6.00 per diluted share, for the third quarter of …

Allied World Europe Acquires Markel Int’l.’s Aviation Renewal Rights

Allied World Assurance Company Holdings, AG and Markel International announced that they have entered into an agreement for Allied to acquire the renewal rights to a book of aviation business written by Lloyd’s Syndicate 1400 and Markel Europe plc. The …

Allied World Europe in Strategic Agreement with UK’s Gravity Underwriting

Allied World Assurance Company Holdings, AG, which is based in Switzerland, announced that its subsidiary, Allied World Assurance Holdings (Ireland) Ltd, has entered into an agreement with Gravity Underwriting Limited for Allied World to invest and own a 21.2 percent …

Allied World Launches Multinational Product Initiative

Allied World Assurance Company Holdings, AG announced the official launch of Allied WorldWideSM, which it described as “a newly created platform designed to meet the insurance coverage needs of multinational clients. “Allied WorldWide was designed to improve the buying process …