Allied World U.S Sponsors Environmental Exposures Seminar With IBANY

ZUG, Switzerland, Jan. 6, 2011 /PRNewswire/ -- Allied World Assurance Company Holdings, AG (NYSE: AWH) announced today that Allied World U.S. is hosting a panel discussion entitled: "Your Clients Have Environmental Exposures - Are They Protected?", in conjunction with the Insurance Brokers' Association of the State of New York (IBANY), at 8:30am on January 12, 2011. The event will be held at The Down Town Association at 60 Pine Street in New York, New York. The panel will be moderated by Ken Cornell, Senior Vice President for Environmental at Allied World U.S.  Panelists include: Eileen Frank, President, JP West Inc., Barry Gerstein, Director, Environmental Claims for Allied World U.S., Anthony Wagar, Senior Vice President, Environmental Practice at Willis, and Eric Vorenkamp, Vice President, Insurance at New York-Presbyterian Hospital.

About Allied World Assurance Company

Allied World Assurance Company Holdings, AG, through its subsidiaries, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions, offering superior client service through a global network of branches and affiliates.  Our insurance and reinsurance subsidiaries are rated A (Excellent) by A.M. Best Company, and our Lloyd's Syndicate 2232 is rated A+ (Strong) by Standard & Poor's and Fitch. Please visit our website at www.awac.com for further information on Allied World.

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 impact of acts of terrorism and acts of war; greater frequency or severity of unpredictable catastrophic events; 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; 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.

SOURCE Allied World Assurance Company Holdings, AG