Hashtag: #AlliedWorld
Allied World Community Day On April 22
The Centre on Philanthropy is inviting the entire community out for an afternoon of ‘fun, games and volunteerism’ at the Allied World Family Community Day in Victoria Park, Hamilton next Sunday, April 22 from 1pm until 5pm. The event, currently in its seventh year, has been generously sponsored by Allied World Assurance Company. “Allied World... Read more of this article
Insurance For High-Value Homes, Art, Jewelry
Allied World Assurance Company Holdings, GmbH and Hudson Structured Capital Management Ltd. announced today their investment in Vault, a new venture that caters to the high net-worth personal insurance market. Vault is uniquely structured as a Reciprocal Insurance Exchange, a fully licensed MGA and is positioned to meet the complex needs of the high... Read more of this article
Allied World Family Community Day Underway
The Centre on Philanthropy is hosting their sixth annual Allied World Family Community Day this afternoon [April 30] with “fun, games and volunteerism” in Victoria Park in Hamilton, with everyone welcome to attend. The event will continued until 5.00pm today with over 20 of Bermuda’s charities promoting volunteerism in Bermuda. Students... Read more of this article
Allied World Reports First Quarter 2017 Results
Allied World Assurance Company Holdings, AG reported net income of $80.3 million, or $0.90 per diluted share, for the first quarter of 2017 compared to net income of $74.1 million, or $0.81 per diluted share, for the first quarter of 2016. The company reported operating income of $47.9 million, or $0.53 per diluted share, for the first quarter of... Read more of this article
Allied Shareholders Approved Two Proposals
Allied World Assurance Company Holdings, AG shareholders have approved both of the proposals that were voted on at the company’s special shareholder meeting held in connection with the previously announced merger transaction with Fairfax Financial Holdings Limited. The approved matters include: [i] amending the company’s Articles of Association... Read more of this article
Fairfax Financial & Allied World Merger Update
Fairfax Financial Holdings and Allied World Assurance Company Holdings, AG have agreed to extend to March 10, 2017 the deadline by which Fairfax has the option to increase the cash consideration, and correspondingly reduce the “Fixed Value Stock Consideration” under the terms of the previously announced definitive merger agreement entered... Read more of this article
Allied World Reports Q4 Net Loss Of $40.9M
Allied World Assurance Company Holdings, AG reported a net loss of $40.9 million, or $0.47 per diluted share, for the fourth quarter of 2016 compared to net income of $1.7 million, or $0.02 per diluted share, for the fourth quarter of 2015. Net income for the year ended December 31, 2016 was $255.2 million, or $2.84 per diluted share, compared to net... Read more of this article
Fairfax Financial To Buy Allied World For $4.9B
Fairfax Financial Holdings Limited and Allied World Assurance Company Holdings have entered into a merger agreement in which Fairfax will acquire all of the outstanding registered ordinary shares of Allied World. Under the terms of the Agreement, based on Friday’s closing stock price on the TSX for Fairfax of C$614.45[$460.65], Allied World shareholders... Read more of this article
Allied World Reports Q3 Net Income of $68.6M
Allied World Assurance Company Holdings reported net income of $68.6 million, or $0.77 per diluted share, for the third quarter of 2016 compared to a net loss of $51.6 million, or $0.57 per diluted share, for the third quarter of 2015. The company reported operating income of $55.2 million, or $0.62 per diluted share, for the third quarter of 2016,... Read more of this article
Allied World To Pay Dividend Of $0.26 Per Share
Allied World Assurance Company Holdings, AG has approved a quarterly dividend equal to $0.26 per share payable on September 29, 2016 to shareholders of record on September 20, 2016. The company’s transfer agent will make dividend payments in United States dollars. The amount of the payment in Swiss francs [CHF] will be based on the USD/CHF exchange... Read more of this article
Allied World Appoints Dale Chow As Senior VP
Allied World Assurance Company Holdings, AG announced that Dale Chow has been appointed to Senior Vice President, Professional Lines for Allied World Bermuda. In this role, Chow will be responsible for the strategic direction, management, marketing and underwriting of Allied World Bermuda’s professional lines, which include primary and excess Directors... Read more of this article
Allied World Reports Net Income Of $153.4M
Allied World Assurance Company Holdings reported net income of $153.4 million, or $1.70 per diluted share, for the second quarter of 2016, compared to net income of $9.5 million, or $0.10 per diluted share, for the second quarter of 2015. The company reported operating income of $82.7 million, or $0.91 per diluted share, for the second quarter of 2016,... Read more of this article
Allied World To Pay Quarterly Dividend
Allied World Assurance Company Holdings, AG today announced that it has approved a quarterly dividend equal to $0.26 per share payable on June 30, 2016 to shareholders of record on June 21, 2016. The company’s transfer agent will make dividend payments in United States dollars. The amount of the payment in Swiss francs [CHF] will be based on the... Read more of this article
Allied World Appoints Holly Meidl As Senior VP
Allied World Assurance Company Holdings, AG announced that Susan Chmieleski, President of Allied World North American Healthcare, will retire effective June 30, 2016, and Holly Meidl has been appointed to Senior Vice President, North American Healthcare, effective immediately. Mrs. Chmieleski joined Allied World in 2008 as part of the company’s acquisition... Read more of this article
Allied World Expands M&A Underwriting Team
Allied World Assurance Company Holdings, AG announced the appointment of Terry Enright and Ryan Anderson to the North American Mergers and Acquisitions [M&A] underwriting team, effective immediately. Allied World’s North American M&A platform offers insurance for many transactional risks, including representations and warranties [R&W]... Read more of this article
Weather Postpones Allied World Community Day
The Allied World Family Community Day scheduled for this afternoon [May 15] has been called off due to the bad weather. A spokesperson said, “The Centre on Philanthropy will make an announcement early next week concerning a new date.” Elaine Butterfield, Executive Director of The Centre on Philanthropy previuously said, “Our joint goal... Read more of this article
