Allied World Bermuda Announces Kirsten Faria to Moderate Panel at PLUS Medical Professional Liability Symposium

Mar 18, 2011, 12:30 ET from Allied World Assurance Company Holdings, AG

ZUG, Switzerland, March 18, 2011 /PRNewswire/ -- Allied World Assurance Company Holdings, AG (NYSE: AWH) announced today that Kirsten Faria, Senior Vice President and Global Product Line Manager, Healthcare for Allied World Bermuda will moderate the panel, "Medical Necessity & Batch Claims: Keeping Underwriters from a Good Night's Sleep" at the PLUS Medical Professional Liability Symposium. The event will be held at the Sheraton Chicago Hotel & Towers in Chicago, Illinois on March 24 & 25, 2011.

Ms. Faria oversees the healthcare book of the business in Bermuda, and the build-out of healthcare operations in Europe and Asia.  She is also responsible for the development of strategic marketing plans for the division, profit and loss performance, development of pricing mechanisms and employee training.  Prior to joining Allied World, Ms. Faria worked at Marsh Global Broking where she was responsible for large excess liability and healthcare placements in the Bermuda market. She has been a panelist at numerous industry and broker-specific events. Ms. Faria holds a Bachelors Degree from McGill University.

About Allied World Assurance Company

Allied World Assurance Company Holdings, AG, through its subsidiaries, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions, offering superior client service through a global network of branches and affiliates. Our insurance and reinsurance subsidiaries are rated A (Excellent) by A.M. Best Company, and our Lloyd's Syndicate 2232 is rated A+ (Strong) by Standard & Poor's and Fitch. Please visit our website at www.awac.com for further information on 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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