Allied World Appoints Sarah Doran to Senior Vice President, Investor Relations and Treasurer

ZUG, Switzerland, April 11, 2013 /PRNewswire/ -- Allied World Assurance Company Holdings, AG (NYSE: AWH) announced today that Sarah Doran has been appointed Senior Vice President, Investor Relations and Treasurer.  Ms. Doran will be based in Allied World's New York office and will report directly to Thomas Bradley, Chief Financial Officer for the company.  Ms. Doran assumes investor relations responsibility from Keith Lennox, who has been appointed Senior Vice President & Chief Financial Officer for Allied World's reinsurance operation.

Mr. Bradley commented, "We are excited that Sarah has joined the Allied World finance team and I personally look forward to working with her in her new role.  Her extensive experience covering financial institutions and her knowledge of the insurance market will be a valuable asset as she works with investors and analysts to highlight Allied World's business strategy. I am confident that she will meet with much success here."

As Senior Vice President, Investor Relations and Treasurer, Ms. Doran will be responsible for corporate treasury, capital management, banking and M&A activity. Ms. Doran joins Allied World from Barclays where she was a Director in the Financial Institutions Group, responsible for executing strategic transactions including mergers, acquisitions, divestitures and capital raising for the insurance and reinsurance industry.  Prior to Barclays, Ms. Doran was a Vice President in the Financial Institutions Group at Lehman Brothers.  Ms. Doran received an M.B.A. in Finance and Economics from the Booth School of Business at the University of Chicago and a B.A. in Government and from the University of Notre Dame.

About Allied World
Allied World Assurance Company Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions.  Allied World offers superior client service through a global network of offices and branches. All of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M. Best Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and Fitch.

Please visit the following for further information on Allied World: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: http://www.linkedin.com/company/Allied-World |

Cautionary Statement Regarding Forward-Looking Statements
Any forward-looking statements made in this press release reflect our current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Such statements involve risks and uncertainties, which may cause actual results to differ materially from those set forth in these statements.  For example, our forward-looking statements could be affected by pricing and policy term trends; increased competition; the impact of acts of terrorism and acts of war; greater frequency or severity of unpredictable catastrophic events; negative rating agency actions; the adequacy of our loss reserves; the company or its subsidiaries becoming subject to significant income taxes in the United States or elsewhere; changes in regulations or tax laws; changes in the availability, cost or quality of reinsurance or retrocessional coverage; adverse general economic conditions; and judicial, legislative, political and other governmental developments, as well as management's response to these factors, and other factors identified in our filings with the U.S. Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We are under no obligation (and expressly disclaim any such obligation) to update or revise any forward-looking statement that may be made from time to time, whether as a result of new information, future developments or otherwise.

SOURCE Allied World Assurance Company Holdings, AG



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