Hashtag: #AlliedWorld
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 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
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 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 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
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
Allied World Completes Acquisitions In Asia
Allied World Assurance Company Holdings has completed the acquisitions of the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc [RSA]. The closings follow receipt of all necessary regulatory and court approvals. The acquisitions, announced in August 2014 and valued at approximately $193 million at current exchange rates,... Read more of this article
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
