AWAC Announces Executive Appointments

March 29, 2012

Allied World Assurance Company Holdings, AG announced the “centralization” of its global reinsurance operations, with the following appointments made in order to execute the strategy:

Kevin Marine has been appointed Executive Vice President, International & Global Specialty. In this role, Mr. Marine will continue to manage the Marine, Aviation and Crop businesses globally as well as directly oversee Allied World’s reinsurance teams in Asia and Europe.

Thomas McKevitt, will remain Executive Vice President, Bermuda Reinsurance and will assume the additional responsibility of Global Property CAT Manager. In this role, he will be responsible for the development and execution of the property and property/cat reinsurance strategies globally. Mr. McKevitt will continue to oversee the Bermuda reinsurance operations.

Thomas Kelly has been appointed Chief Operating Officer for Allied World Reinsurance Company. In this role, he will assume responsibility for all U.S. reinsurance operations and administration. He will also maintain his current responsibilities as Chief Underwriting Officer for Allied World’s U.S. reinsurance operations.

The global reinsurance platform is led by John Bender, President & Chief Operating Officer of Allied World Reinsurance Company, who commented, “These strategic changes will help our clients better manage their global risk exposures.

“I am extremely confident in the abilities of Kevin, Tom and Tom. Their years of experience and industry knowledge will be a tremendous asset to the team as we continue to build out our global reinsurance platform.”

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