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Allied World swings to $201m profit

05 November 2009

Bermudian insurer and reinsurer Allied World Assurance Company Holdings have reported net income of $201m for the third quarter of 2009 compared with a net loss of $46m for the third quarter of 2008.

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Bermudian insurer and reinsurer Allied World Assurance Company Holdings have reported net income of $201m for the third quarter of 2009 compared with a net loss of $46m for the third quarter of 2008. Net income for the first nine months of 2009 was $446m, compared with net income...


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If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield