PEMBROKE, Bermuda, Oct. 30, 2009 (PR Newswire Europe) --
v>
Allied World Assurance Company, Ltd, a member company of Allied World
Assurance Company Holdings, Ltd (NYSE: AWH) today announced that Benjamin
Howell, Vice President, Professional Liability, Asia, will be presenting at
the Courses & Seminars Limited Financial Institutions Seminar, to be held on
5 November, 2009 in Hong Kong.
The seminar is entitled 'Investment Managers - Developments in Litigation
and Possible Solutions.' Mr. Howell's presentation will cover the correlation
between the global recession and the rising professional liability exposures
facing investment managers, recent professional liability claims events and
insurance as a supplement to internal controls.
Mr. Howell is responsible for Allied World's Professional Liability
business in Hong Kong and specializes in the development of products for and
management of a diversified portfolio of professional liability risks. He was
formerly a Vice President at AIG, Financial Lines, responsible for AIG's
Financial Institutions and Crime Insurance portfolios throughout Southeast
Asia and China. He is a regular presenter on a variety of insurance-related
topics and holds a Bachelor of Applied Finance and Laws (Honours) from
Macquarie University, Sydney.
About Allied World Assurance Company
Allied World Assurance Company Holdings, Ltd, through its subsidiaries,
is a global provider of innovative property, casualty and specialty insurance
and reinsurance solutions, offering superior client service through offices
in Bermuda, the United States, Europe and Hong Kong. Our insurance and
reinsurance subsidiaries are rated A (Excellent) by A.M. Best Company. For
further information on Allied World, please visit our website at
www.awac.com.
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 the ability to recognize the benefits of the Darwin
Professional Underwriters, Inc. acquisition; pricing and policy term trends;
increased competition; the impact of acts of terrorism and acts of war;
greater frequency or severity of unpredictable catastrophic events;
investigations of market practices and related settlement terms; negative
rating agency actions; the adequacy of our loss reserves; 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 including those related to the ongoing
financial crisis; 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, Ltd