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Allied World Global Markets Appoints New Head of Financial Lines

Allied World Assurance Company Holdings, AG (NYSE: AWH) announced today that Jacqueline Hall-Shaw has been appointed Vice President, Professional Lines Division, based in London. She will report to Martin Heathfield, Senior Vice President, Professional Lines.

Julian James, President, Global Markets, said: “At Allied World, we continue to invest in our people to stay ahead of our clients’ evolving needs, and Jacqueline’s knowledge and expertise make her the ideal appointment to head our financial institutions offering. She will have responsibility for the oversight and expansion of our existing FI portfolio as well as the development of our FI team.”

Ms. Hall-Shaw has more than 15 years of experience in the insurance industry. She joins Allied World from Travelers Insurance Company, where she was Head of Financial Institutions. She has previously held roles at Axis Specialty Europe, Brit Insurance and Liberty Mutual.

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
Faye Cook
Senior Vice President, Marketing & Communications
Sarah Doran
Senior Vice President, Investor Relations and Treasurer

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