Hashtag: #AlliedWorld
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
Allied World Launches Product Recall Insurance
Allied World Assurance Company Holdings, AG announced that its Product Recall insurance products are available in Canada and the United States, as part of the Global Crisis Management Division. The Product Recall insurance offers both First Party and Third Party coverage and it allows clients to mitigate the risk of recall expenses, adverse publicity... Read more of this article
Allied Expands Professional Liability In Australia
Allied World Assurance Company Holdings, AG announced that Michael Herron was appointed Vice President, Professional Liability – Allied World Global Markets. Based in Sydney, Australia. Mr. Herron will be responsible for growth and development of the Company’s Australian Professional Liability business and will report to Ben Howell, Senior Vice... Read more of this article
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 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 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 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 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 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 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
