Allied World Schedules First Quarter 2011 Earnings Announcement and Conference Call

ZUG, Switzerland, April 12, 2011 /PRNewswire/ -- Allied World Assurance Company Holdings, AG (NYSE: AWH) today announced that it will release its financial results for the first quarter ended March 31, 2011, after the close of market on Wednesday, May 4, 2011.

Scott Carmilani, President and Chief Executive Officer, and Joan Dillard, Chief Financial Officer, will host a conference call on Thursday, May 5, 2011 at 9:00 am (Eastern Time) to discuss the first quarter 2011 financial results.  This call will include a question and answer session.

The conference call can be accessed by dialing (877) 317-6701 (U.S. and Canada callers) or (412) 317-6701 (international callers) and entering the passcode 4757432 approximately ten minutes prior to the call.  A live webcast of the call will be available online at www.awac.com.  A replay of the call will be available through Thursday, May 19, 2011 by dialing (877) 344-7529 (U.S. and Canada callers) or (412) 317-0088 (international callers) and entering the passcode 449870.  In addition, the webcast will remain available online through Thursday, May 19, 2011 at www.awac.com.

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