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Allied World Launches Executive ForceField®; Directors and Officers Liability Coverage for the Canadian Market

Allied World Assurance Company Holdings, AG announced today that Allied World North America has launched the Executive ForceField® product, a policy specifically developed to address coverage gaps for directors and officers of publicly traded companies, in the Canadian market. This upgraded Side ‘A’ Directors & Officers Excess and Lead Difference-in-Conditions (“DIC”) insurance policy provides broad ‘Side A’ coverage for non-indemnified loss and is available on both an excess and DIC basis. Kent Paisley, Senior Vice President, Professional Lines, will oversee the team underwriting the product. Michael Shore, Vice President, Professional Lines, will be the day-to-day contact for the team.

Mr. Paisley commented, “Since the global financial crisis, the legal and regulatory environment continues to evolve, posing new challenges for companies and their executive management teams. Our Side ‘A’ DIC policy helps protect officers of corporations, limiting their personal financial risk and any coverage gaps that may occur in a standard policy. We believe this is the next level of protection for the individuals who every day make decisions on behalf of their companies.”

For more information on Executive ForceField in Canada, please contact Michael Shore, Vice President, Professional Lines at michael.shore@awac.com.

About Allied World

Allied World Assurance Company Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions. Allied World offers superior client service through a global network of offices and branches. All of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M. Best Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and AA- by Fitch.

Please visit the following for further information on Allied World: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: http://www.linkedin.com/company/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 adequacy of our loss reserves; negative rating agency actions; greater frequency or severity of unpredictable catastrophic events; the impact of acts of terrorism and acts of war; 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.

Contacts:

Allied World Assurance Company Holdings, AG
Media:
Noelle Campbell, 646-794-0544
Assistant Vice President & Director of Public Relations
noelle.campbell@awacservices.com
or
Faye Cook, 441-278-5406
Senior Vice President, Marketing & Communications
faye.cook@awac.com
or
Investors:
Sarah Doran, 646-794-0590
Senior Vice President, Investor Relations & Treasurer
sarah.doran@awac.com

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