Allied World U.S. Announces Ed Moresco and Diane Parker to Speak at the 2010 PLUS International Conference

PEMBROKE, Bermuda, Nov. 3, 2010 /PRNewswire/ -- Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that Ed Moresco, Vice President, Private & Non Profit Management Liability for Allied World U.S., and Diane Parker, Assistant Vice President, Professional Liability Claims for Allied World U.S., will speak at the 2010 Professional Liability Underwriting Society (PLUS) International Conference. The event takes place in San Antonio, Texas from November 10-12, 2010. Mr. Moresco will speak as part of the panel, "Watch Out! Hidden Risks of EPLI Discrimination Claims" on Thursday, November 11. Ms. Parker will moderate a panel discussion on Friday, November 12 entitled, "Back to the Future:  A New Wave of FDIC Litigation."

Mr. Moresco manages the Private and Not-for-Profit management liability underwriting unit. Prior to joining Allied World in December of 2008, he was most recently Senior Vice President for Financial Lines at AIG Small Business. Additionally, he worked at National Union for over 11 years. He received his undergraduate degree from York College of Pennsylvania.

Ms. Parker oversees D&O (Directors and Officers and other professional liability claims. She has extensive experience litigating and managing complex D&O, E&O, healthcare, fiduciary, and media liability claims, as well as insurance coverage disputes, throughout the United States. Prior to joining Allied World in 2009, she spent 10 years as Assistant Vice President and Claim Counsel for Chubb;  before that, she was in private practice in Washington, D.C.

About Allied World Assurance Company

Allied World Assurance Company Holdings, Ltd, 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, Ltd