Allied World's Ken Cornell to Speak at the National Brownfield Association's Annual Conference

PEMBROKE, Bermuda, March 19 /PRNewswire-FirstCall/ -- Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that Ken Cornell, Senior Vice President for Environmental insurance in the United States, will be speaking at the National Brownfield Association's 2010 Big Deal conference. The event takes place in Atlanta, Georgia at the Grand Hyatt Hotel on March 23 & 24, 2010.  As President of the Board of Directors for the organization, Mr. Cornell will give the introduction at the conference on March 23 at 1pm (EDT).

Mr. Cornell started the Environmental division at Allied World in October 2009. As Senior Vice President, he oversees the development of environmental insurance products and hires new staff. Prior to joining Allied World, Mr. Cornell was Executive Vice President for JCH Environmental Insurance Brokers, a division of Crump Insurance Services Inc. He has over 24 years of experience in the environmental insurance industry.

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 offices in Bermuda, Europe, Hong Kong, Singapore and the United States. Our insurance and reinsurance subsidiaries are rated A (Excellent) by A.M. Best Company. For further information on Allied World, please visit our website at www.awac.com.

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; investigations of market practices and related settlement terms; 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 including those related to the ongoing financial crisis; 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, Ltd

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