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Allied World Bermuda Appoints Dale Chow to Senior Vice President, Professional Lines

Allied World Assurance Company Holdings, AG (NYSE:AWH) announced today that Dale Chow has been appointed to Senior Vice President, Professional Lines for Allied World Bermuda. In this role, Dale will be responsible for the strategic direction, management, marketing and underwriting of Allied World Bermuda’s professional lines, which include primary and excess Directors & Officers, Fiduciary, Financial Institutions, primary Employment Practices Liability, Cyber liability, Wage & Hour and Errors & Omissions.

Mike McCrimmon, Allied World’s Bermuda Branch Manager, said: “Dale has been a respected figure within the Bermuda market for over a decade and brings a depth of experience like no other. We look forward to him joining the team.”

Christian Gravier, President, Professional Lines, North America, said: “Bermuda continues to be an important market for us, and we are extremely pleased Dale is joining our team to reinforce that strong commitment to the Island. Dale’s reputation and depth of knowledge will be great assets as we continue to meet the needs of our trading partners and clients.”

Mr. Chow has over 23 years of experience with management, professional and transactional lines of business. He joins Allied World from Endurance Insurance Bermuda, where he served as a Senior Vice President within the professional lines division. Prior to joining Endurance, he worked at Chubb in Vancouver, Canada.

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.


Allied World Assurance Company Holdings, AG
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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