Scott Carmilani, the founder and CEO of Allied World, has moved to a new role Fairfax Insurance Group, which aims to promote organic growth and collaboration initiatives across the company’s global insurance and reinsurance operations. Carmilani is being succeeded as …
Fairfax Financial Holdings Ltd., the Toronto-based investment and insurance company, has successfully completed its acquisition of Allied World Assurance Co. Holdings, for US$4.9 billion – marking the company’s largest purchase yet. Indeed, Prem Watsa, chairman and chief executive officer, has …
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 Assurance Company Holdings, headquartered in Zug, Switzerland, reported net income of $124.4 million, or $1.27 per diluted share, for the first quarter of 2015 compared to net income of $177.0 million, or $1.74 per diluted share, for the …
