Allied World's Nicole Baummer to Speak at the American Conference Institute's 15th Annual Conference on Employment Practices Liability Insurance

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Allied World Assurance Company Holdings, Ltd

Jan 21, 2010, 10:00 ET

PEMBROKE, Bermuda, Jan. 21 /PRNewswire-FirstCall/ -- Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that Allied World's Nicole Baummer, Assistant Vice President for Private/Not-for-Profit & Governmental Claims in the U.S., will be speaking at the American Conference Institute's 15th Annual Conference on Employment Practices Liability Insurance (EPLI) which takes place in New York City on January 25-26, 2010. Ms. Baummer will speak on Tuesday, January 26 at 8:00am. Her panel will address the impact of the economy on EPLI, specifically participating in the discussion, "Responding to Pressure in a Softening Market and Mitigating the Impact of Employer Bankruptcies on Carriers."

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 D&O claims. Before joining Allied World, Ms. Baummer was a senior claims officer with 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