Allied World's Nicole Baummer to Speak at the ABA Employee Rights and Responsibilities Meeting

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• USA - English
• USA - English

PEMBROKE, Bermuda, March 18 /PRNewswire-FirstCall/ -- Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that Nicole Baummer, Assistant Vice President, Private/Not-for-Profit & Governmental Claims in the U.S., is speaking at the American Bar Association's Employee Rights and Responsibilities Committee meeting. The meeting will be held at the Hotel del Coronado in Coronado, California from March 24-27, 2010. Ms. Baummer will speak as part of the panel, "Good, Bad or Ugly - How EPLI Affects Plaintiff and Defense Claims" on March 24 at 4:30pm.

As Assistant Vice President for Private/Not-for-Profit & Governmental Claims in the U.S., Ms. Baummer manages a team of senior claims analysts who are responsible for handling the company's EPLI, governmental liability, and private and not-for-profit directors and officers claims. Before joining Allied World, Ms. Baummer was a senior claims officer at Chubb Specialty Insurance, where she managed high severity EPLI claims nationwide, and she also practiced as a management-side labor and employment attorney with Pepe & Hazard LLP in Hartford, Connecticut. Ms. Baummer earned her B.A. at the University of Connecticut and her J.D. at the University of Connecticut School of Law, where she also served as Managing Editor of the Connecticut Insurance Law Journal. She is a member of the bar in Connecticut, Massachusetts, and New York.

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 Holdings, Ltd