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Allied World Europe Appoints Roman Beerli, Vice President, Onshore Construction

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Allied World Assurance Company Holdings, AG announced today that Allied World Europe has appointed Roman Beerli, Vice President, Onshore Construction. Mr. Beerli will be responsible for underwriting onshore construction projects throughout Continental Europe and Latin America. Allied World Europe’s current book of onshore construction business focuses on the following:

  • Erection All Risks (“EAR”)
  • Construction All Risks (“CAR”)
  • Third Party Liability in conjunction with EARCAR cover
  • Advance Loss of Profit) in conjunction with EARCAR cover

Alf Mueller, Senior Vice President, Onshore Construction, Allied World Europe commented, “As we see signs of recovery following the global financial crisis, major construction projects are commencing once again. In particular, there is tremendous opportunity in emerging markets where we believe we can make an impact. Roman’s technical expertise and his fluency in Spanish will be beneficial as we look to new opportunities predominantly in Europe and throughout Latin America.”

Julian James, President, Allied World Europe commented, “As we continue building our specialty book of business worldwide, we are conscious of hiring talent from various backgrounds and with experience outside of the London market. Roman will be based in our Swiss office, is fluent in several languages and has spent his career focused on construction and engineering. He is a strong addition to our growing global team.”

For more information on Allied World Europe’s onshore construction capabilities, please visit our website at: http://www.alliedworldinsurance.com/product/112-5-487/onshore_construction

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.

Please visit the following for further information on Allied World: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: http://www.linkedin.com/company/Allied-World.

Cautionary Statement Regarding Forward-Looking Statements

Any forward-looking statements made in this press release reflect our current views with respect to futureevents 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.

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