Allied World Re Announces John Bender to Speak at RAA Conference

ZUG, Switzerland, March 14, 2012 /PRNewswire/ -- Allied World Assurance Company Holdings, AG (NYSE: AWH) announced today that John Bender, President and Chief Operating Officer for Allied World Reinsurance Company will speak on a panel at the upcoming Reinsurance Association of America (RAA) conference on March 21, 2012.  The conference will be held in Hamilton, Bermuda. Mr. Bender will speak as part of the panel, "Industry Hot Topics for Underwriters."

As President and Chief Operating Officer for Allied World Reinsurance Company, Mr. Bender is responsible for Allied World's global reinsurance operations. Prior to joining Allied World, Mr. Bender held several senior management positions at Platinum Underwriters Holdings, Ltd., including Chief Underwriting Officer, Casualty and Senior Vice President, Commercial Liability Products.  Additionally, he held numerous claims and underwriting positions with St. Paul Reinsurance Management Company. Mr. Bender is also one of the founders of the St. Baldrick's Foundation and its current Chairman of the Board.  He is a graduate of St. John's University in Queens, New York.

For more information on our global reinsurance capabilities, please contact John Bender at [email protected]

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 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 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