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Allied World Strengthens Asia Marine Division

Allied World Strengthens Asia Marine Division

Allied World Assurance Company Holdings, AG announced today 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. Mr. Grefe said, “We are delighted to welcome Tim to our growing team. As we continue to expand our... Read more of this article

Allied World Launches Global Crisis Management

Allied World Launches Global Crisis Management

Allied World Assurance Company Holdings has announced the launch of a new Global Crisis Management Division, which is comprised of Structured Trade Credit, Political Risk, Multi-Buyer Trade Credit, and Product Recall, operating under the leadership of Todd Germano, Executive Vice President, Global Crisis Management Division. A spokesperson said, “This... Read more of this article

Allied World Appoint Guinn & Luck To Board

Allied World Appoint Guinn & Luck To Board

Allied World Assurance Company Holdings, AG shareholders have elected Patricia L. Guinn and Fiona E. Luck to the company’s Board of Directors. Ms. Guinn and Ms. Luck were elected at a special shareholder meeting to serve until the company’s annual shareholder meeting to be held in April 2016. Scott Carmilani, Allied World’s President and Chief... Read more of this article

Allied Prices $500 Million Senior Note Offering

Allied Prices $500 Million Senior Note Offering

Allied World Assurance Company Holdings, AG announced today that its subsidiary, Allied World Assurance Company Holdings, Ltd, has priced an SEC registered offering of $500 million aggregate principal amount of 4.35% senior notes due 2025. The notes are fully and unconditionally guaranteed by Allied World Assurance Company Holdings, AG. The company... Read more of this article

Allied World Q3 2015 Net Loss: $51.6 Million

Allied World Q3 2015 Net Loss: $51.6 Million

Allied World Assurance Company Holdings, AG reported a net loss of $51.6 million, or $0.57 per share, for the third quarter of 2015 compared to net income of $30.9 million, or $0.31 per diluted share, for the third quarter of 2014. The company reported operating income of $51.4 million, or $0.55 per diluted share, for the third quarter of 2015, compared... Read more of this article

Allied World To Pay $0.26 Quarterly Dividend

Allied World To Pay $0.26 Quarterly Dividend

Allied World Assurance Company Holdings, AG  has approved a quarterly dividend equal to $0.26 per share payable on October 1, 2015 to shareholders of record on September 22, 2015. 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

Fitch Ratings Affirms Allied World’s Ratings

Fitch Ratings Affirms Allied World’s Ratings

Fitch Ratings has affirmed the ratings of Allied World Assurance Company Holdings, Ltd [Allied World] as follows: Issuer Default Rating [IDR] at ‘A’ and Senior debt at ‘A-’. The ratings agency said, “Fitch has also affirmed the ‘A+’ Insurer Financial Strength [IFS] ratings of Allied World’s property/casualty... Read more of this article

Allied World Q2 2015 Net Income: $9.5 Million

Allied World Q2 2015 Net Income: $9.5 Million

Allied World Assurance Company Holdings 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 of 2014. The company reported operating income of $25.8 million, or $0.27 per diluted share, for the second quarter of 2015,... Read more of this article

Allied World To Pay $0.26 Quarterly Dividend

Allied World To Pay $0.26 Quarterly Dividend

Allied World Assurance Company Holdings, AG has approved a quarterly dividend equal to $0.26 per share payable on July 2, 2015 to shareholders of record on June 23, 2015. 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 rate... Read more of this article

Allied World Family Community Day On June 7

Allied World Family Community Day On June 7

The Centre on Philanthropy is getting set to host their fourth annual Allied World, Family Community Day on Sunday, June 7 at Victoria Park in Hamilton from 1.00pm through 5.00pm. A spokesperson said, “Bermuda’s families are invited to discover the joy of volunteering for local charities in an afternoon of fun, food, games, entertainment and... Read more of this article

Allied World Increase Quarterly Dividend By 15%

Allied World Increase Quarterly Dividend By 15%

Allied World Assurance Company Holdings, AG today announced that at the Annual Shareholder Meeting held on April 30, 2015, its shareholders approved an annual dividend increase of 15%, from $0.90 per share to $1.04 per share. With this increase, the annual dividend to shareholders has increased over 50% in the last two years. The first of the four approved... Read more of this article

Allied World Global Markets Appoints Geyman

Allied World Global Markets Appoints Geyman

Allied World Assurance Company Holdings, AG announced that Allied World Global Markets has appointed Toby Geyman, Assistant Vice President, Onshore Construction to further develop the product line. Mr. Geyman will be responsible for underwriting major UK and international onshore construction projects, operating from both the Company’s Lloyd’s and... Read more of this article

Jonathan Evans To Join Allied World Board

Jonathan Evans To Join Allied World Board

Allied World Assurance Company Holdings, AG announced that Jonathan Evans will join the board of directors and become the Non-Executive Chairman of Allied World Managing Agency Limited, its Lloyd’s managing agency, subject to U.K. regulatory approval. From May 2010 to March 2015, Mr. Evans served as the U.K. Member of Parliament for Cardiff North.... Read more of this article