Allied World Assurance (AWH) Tops Q1 EPS by 9c

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Allied World Reports a 96% Combined Ratio for the First Quarter 2016

April 19, 2016 4:10 PM EDT

Net investment income grew by 19.5% to $53.3 million from $44.6 million in the prior year quarter Net favorable reserve development on prior loss years of $25.4 million The company repurchased $66.7 million of its common shares since the beginning of the year Earlier today at the company's Annual Shareholder Meeting, shareholders approved a new, two-year $500 million share repurchase authorization and an additional four quarterly dividends equal to $0.26 per share

ZUG, Switzerland--(BUSINESS WIRE)-- Allied World Assurance Company Holdings, AG (NYSE:... More