Allied World Assurance Company Holdings, headquartered in Zug, Switzerland, reported net income of $124.4 million, or $1.27 per diluted share, for the first quarter of 2015 compared to net income of $177.0 million, or $1.74 per diluted share, for the …
Allied World Europe and Airbus have entered into a relationship whereby Allied World will offer complimentary aircraft hull insurance to airlines that purchase Airbus’ Runways Overrun Prevention System (ROPS). ROPS is an innovative, performance-based alerting system that assists in preventing …
Allied World Assurance Company Holdings, AG announced that Allied World North America has launched primary general liability coverage for the Canadian market. The bulletin said the “new primary general liability team will provide capacity for a wide range of business …
Allied World Assurance Company Holdings, AG announced that “Allied World Europe will enter the marine liability market, which will further complement the company’s current marine cargo offering.” Allied World has appointed Pene Reuben, Assistant VP, Marine Liability, to develop and …
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 has underwritten …
Allied World Assurance Company Holdings AG announced the launch of Allied World North America’s privacy and network security insurance product, called Privacy//101SM, which is tailored for the Canadian marketplace. Designed for small to mid-size companies, including law firms, healthcare and …
Allied World Assurance Company Holdings AG announced that its U.S. holding subsidiary has reached a definitive agreement to acquire Latin American Holdings Ltd., a program administrator that has underwritten trade credit and political risk coverages solely for Allied World since …
Allied World Assurance Company Holdings, AG announced that Neil Lightbown will be appointed as Chief Underwriting Officer of Allied World’s Global Markets segment, which will include Asia, Europe, and Latin America, following the company’s realignment of its two insurance business …
Allied World Assurance Company Holdings, AG announced that one of its operating units, Allied World Assurance Company, Ltd. has reached definitive agreements to acquire the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc (RSA) for approximately …
Allied World Assurance Company Holdings, AG announced the appointment of John Bender as CEO for the company’s global reinsurance operations. He has overseen Allied World’s reinsurance platform globally since 2011. President and CEO Scott Carmilani noted Bender’s willingness to take …
