Allied World
Capita Managing Agency gains Lloyd’s approval
Capita Managing Agency has been approved by Lloyd’s to manage live syndicates, including Syndicate 2232, capitalised by Allied World Assurance, which starts underwriting on 30 June.
Results: Rollercoaster results characterise Q1 2010
As first-quarter results emerged around the globe in May, we have seen some clear winners and losers with many suffering from heavy catastrophe losses, writes Katherine Blackler.
Allied World appoints new US claims head
Allied World US has announced that Mark Rosen, executive vice president & chief claims officer will retire in June. Julianne Splain, VP of professional and management liability claims has been promoted to senior VP and will assume responsibility for the…
Allied World Q1 profits rise
Allied World saw its profits rise by over $2m during the first quarter of 2010 despite continued competition on pricing and catastrophe losses.
Allied World Chile quake losses up to $75m
Allied World has estimated that the recent earthquake in Chile will cost it in the range of $55m - $75m, while Windstorm Xynthia, which hit Europe earlier this month, will cost the Bermudian (re)insurer $2m.
Senior executive leaves Allied World
One of Allied World's senior international property underwriters has left the Bermudian (re)insurer, Reinsurance has learned.
Allied World reports record 2009 profits
Allied World reported said that net income for the year ended December 31, 2009 was a record $606.9m, or $11.67 per diluted share, compared to net income of $183.6m, or $3.59 per diluted share, for the year ended December 31, 2008.
Allied World open Singapore office
Allied World has opened a branch office in Singapore in order to further expand its operations in Asia, and has appointed Bruce Ford as its principal officer and head of treaty Asia Pacific, Middle East and Africa.
Allied World net income surges
Bermudian reinsurer continues third quarter renaissance
Allied World in executive reshuffle
Bermuda and US (re)insurer Allied World has announced several executive level promotions as part of a reorganization of operations in the US, Europe and Asia.