Company Profile For Allied World Assurance Holdings Ltd

Allied World Assurance Company Holdings, Ltd is a Bermuda-based specialty insurance and reinsurance company that underwrites a diversified portfolio of property and casualty insurance and reinsurance lines of business through operations in Bermuda, the United States, Ireland, Switzerland and the United Kingdom. On October 20, 2008, the Company acquired Darwin Professional Underwriters, Inc. (Darwin). It operates in three geographic markets: Bermuda, Europe and the United States. Its Bermuda insurance operations focus primarily on underwriting risks for United States domiciled clients and other clients with complex insurance needs. European operations focus predominantly on property and casualty insurance for European and international accounts. The United States operations focus on the middle-market companies. It has offices in Atlanta, Boston, Costa Mesa, Chicago, Dallas, Farmington, Los Angeles, New York City, San Francisco and St. Petersburg.

BRIEF: For the nine months ended 30 September 2009, Allied World Assurance Holdings, Ltd's revenues increased 41% to $1.25B. Net income totaled $445.6M, up from $163.8M. Revenue reflects an increase in net premiums earned, increased net investment income, higher gross premiums written and the presence of other income. Net income also reflects a decrease in net losses & loss expenses, decreased interest expenses.