Hashtag: #AlliedWorld
Hunter To Retire From Allied World Board
Allied World Assurance Company Holdings, AG announced that Scott Hunter will retire from Allied World’s Board of Directors effective as of April 30, 2015 and will not be a nominee for reelection at the company’s 2015 Annual Shareholder Meeting, which is scheduled to occur on the same date. With Mr. Hunter’s retirement, the Board will include... Read more of this article
Allied World To Pay $0.225 Quarterly Dividend
Allied World Assurance Company Holdings, AG today has approved a quarterly dividend equal to $0.225 per share payable on April 2, 2015 to shareholders of record on March 24, 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
Allied CEO: Excellent Fourth Quarter, Full Year
Allied World Assurance Company Holdings reported net income of $130.5 million, or $1.33 per diluted share, for the fourth quarter of 2014, compared to net income of $137.9 million, or $1.34 per diluted share, for the fourth quarter of 2013. Net income for the year ended December 31, 2014 was $490.3 million, or $4.92 per diluted share, compared to net... Read more of this article
Primary General Liability For Canadian Market
Allied World Assurance Company Holdings, AG announced that Allied World North America has launched primary general liability coverage for the Canadian market. The new primary general liability team will provide capacity for a wide range of business classes and will target industries including real estate, retailers, service industries, manufacturers,... Read more of this article
Allied World Completes Acquisition Of LAU
Allied World Assurance Company Holdings, AG announced the commencement of its in-house trade credit and political risk insurance platform with the completion of its previously-announced acquisition of its former program administrator, Latin American Underwriters Holdings Ltd. [LAU]. LAU has underwritten trade credit insurance and political risk coverages... Read more of this article
Allied To Acquire Latin American Underwriters
Allied World Assurance Company Holdings, AG announced today that its U.S. holding subsidiary has reached a definitive agreement to acquire Latin American Holdings Ltd. [LAU], a program administrator that has underwritten trade credit and political risk coverages solely for Allied World since 2010. The acquisition will allow Allied World to bring in-house... Read more of this article
Allied Launches New Medical Suite Package
Allied World Assurance Company Holdings, AG announced today that Allied World North America has launched a new package product solution for miscellaneous medical facilities. The Allied World Miscellaneous Medical Suite℠ offers medical malpractice, management liability, and privacy and network security coverage. The Suite’s medical malpractice coverage... Read more of this article
Allied’s New Mergers & Acquisitions Coverage
Allied World Assurance Company Holdings, AG announced that Allied World North America has expanded its professional lines business with the launch of a new Mergers & Acquisitions (M&A) line for the Canadian market. Kent Paisley, Senior Vice President, Head of Specialty Lines, Canada, will be the point of contact for the Canadian M&A business.... Read more of this article
Allied World North America Launch ForceField
Allied World Assurance Company Holdings, AG announced today that Allied World North America has added a new product to its ForceField® suite of professional liability products. This new directors & officers [D&O] and corporate liability policy will be available for U.S. based, publicly-traded companies and addresses a wide range of liability... Read more of this article
Allied World To Pay $0.225 Quarterly Dividend
Allied World Assurance Company Holdings, AG as approved a quarterly dividend equal to $0.225 per share payable on October 2, 2014 to shareholders of record on September 23, 2014. The company’s transfer agent will make dividend payments in United States dollars. The amount of the payment in Swiss francs will be based on the USD/CHF exchange rate... Read more of this article
Allied World To Acquire Two RSA Operations
Allied World Assurance Company has reached definitive agreements to acquire the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc [RSA] for approximately $215 million. The business includes a niche group of specialty lines, including casualty, construction and engineering, marine and property. RSA has a long history in the... Read more of this article
Allied World Europe Expands Liability Team
Allied World Assurance Company Holdings, AG announced that Allied World Europe has expanded its professional liability team with the addition of two new vice presidents, Alec Goodair and Nicholas Lee. Mr. Goodair has been appointed Vice President, European Financial Institutions and Mr. Lee has been appointed Vice President, European Professional Indemnity.... Read more of this article
Allied World Launch Architects/Engineers Liability
Allied World Assurance Company Holdings, AG announced that Allied World North America launched its new Architects and Engineers Professional Liability line of business for the U.S. market. Coverage will be offered for four distinct areas, within the construction industry: architects and engineers professional liability, constructors professional liability,... Read more of this article
Allied World Reveals Event Liability Coverage
Allied World Assurance Company Holdings revealed yesterday [June 25] that Allied World North America and WKFC Underwriting Managers have launched a special event liability program that can cover a wide variety of risks in all 50 U.S. states. T he new program is targeted to address the duration of an event for up to a period of 12 months. Available coverages... Read more of this article
Allied World Holds Family Community Day
Volunteering met family fun at the National Sports Centre on Sunday, June 8, from 12.00pm to 4.00pm for the Allied World Family Community Day, presented by The Centre on Philanthropy. In spite of a questionable forecast, more than 200 families braved the weather and enjoyed the fun-filled afternoon of giving to the community and enjoying games, food,... Read more of this article
Allied World To Pay $0.225 Quarterly Dividend
Allied World Assurance Company Holdings, AG has approved a quarterly dividend equal to $0.225 per share payable on July 2, 2014 to shareholders of record on June 24, 2014. 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
