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Allied World Offers Innovative Insurance Product to Airbus’ Customers

Allied World Assurance Company Holdings, AG (NYSE:AWH) announced today that Allied World Europe and Airbus have entered into a relationship whereby Allied World will offer complimentary aircraft hull insurance to airlines that purchase Airbus’ Runways Overrun Prevention System (“ROPS”). ROPS is an innovative, performance-based alerting system that assists in preventing runway overruns, which is believed to be one of the most frequent causes of aircraft accidents today. ROPS is certified by the European Aviation Safety Agency (EASA), Federal Aviation Administration (FAA) and Civil Aviation Administration of China (CAAC), is in operation on approximately 200 aircraft, including A320, A350 and A380, and has been selected by operators of 1,500 aircraft to be delivered.

Olivier Marre, Allied World’s Senior Vice President, Aviation, said “We are very proud to be entering into a relationship with Airbus to create genuine innovation in the field of aircraft safety. We see ROPS as an integral tool in reducing the frequency of aircraft accidents, and believe that this unique product will eventually benefit not only airlines and their passengers but also insurers. We are pleased to offer complimentary aircraft hull insurance to airlines that share this vision of safety and risk mitigation.”

Julian James, President, Allied World Global Markets, said “We believe this is the first time in the field of aviation that a technical product meets insurance to create an innovative and integrated risk management solution for aircraft operators. Our relationship with Airbus is just one example of the innovation that is such a core part of the Allied World brand, and exemplary of what we want to achieve in the Global Markets insurance platform to meet the needs of our clients and trading partners.”

Didier Lux, Executive Vice President Customer Services Airbus said “We are pleased to work with Allied World to create a business innovation enabling Airbus’ operators to optimize their insurance costs by selecting ROPS for their Airbus aircraft. Such initiative is yet another example where innovative technology and services meet for the benefit of operators and aviation safety.”

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.

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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.



Faye Cook, +1-441-278-5406
Senior Vice President, Marketing & Communications
Sarah Doran, +1-646-794-0590
Senior Vice President, Investor Relations and Treasurer

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