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Allied World Assurance Company Holdings, Ltd



Allied World Reports Strong First Quarter Operating Results; Annualized Return on Operating Equity of 23.2%



May 22nd, 2009

Allied World Assurance Company Holdings, Ltd (NYSE:AWH) reported net income of $131.4 million, or $2.57 per diluted share, for the first quarter of 2009 compared to net income of $130.9 million, or $2.55 per diluted share, for the first quarter of 2008. The company reported operating income of $137.6 million, or $2.69 per diluted share, for the first quarter of 2009 compared to operating income of $128.0 million, or $2.49 per diluted share, for the first quarter of 2008.

President and Chief Executive Officer Scott Carmilani commented, "Allied World's momentum of 2008 continued into the first quarter of 2009, despite strong headwinds in the market. We are very pleased to...


Source: Health Business Week (2009-05-22)

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