Allied World Assurance (AWH) Tops Q1 EPS by 15c
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Allied World Reports an 88.1% Combined Ratio and 13.1% Annualized Net Income Return on Average Shareholders' Equity for the First Quarter 2015
April 22, 2015 4:15 PM EDTGrowth in gross premiums written of 10.1% in North American Insurance compared to the prior year quarter Growth in gross premiums written of 11.9% on a constant dollar basis in Global Markets Insurance compared to the prior year quarter Net favorable reserve development on prior loss years of $63.6 million versus $48.9 million in prior year quarter The company repurchased 1.3 million common shares totaling $50.9 million during the first quarter of 2015 As previously announced, the company completed the acquisitions of the Hong Kong and Singapore operations of Royal & Sun... More
