MKM Partners Raise Price Target on Allied World Assurance (AWH) Following a Strong 2Q

Go back to MKM Partners Raise Price Target on Allied World Assurance (AWH) Following a Strong 2Q

Allied World Reports a 92.5% Combined Ratio for the Second Quarter 2016

July 19, 2016 4:05 PM EDT

Annualized return on average equity of 17.2% Growth in basic book value per share of 4.1% Repurchase of $90 million of common shares during the quarter Net catastrophe losses of $20.9 million during the quarter due to the April hailstorm in Texas and the Fort McMurray wildfires during May

ZUG, Switzerland--(BUSINESS WIRE)-- Allied World Assurance Company Holdings, AG (NYSE: AWH) today reported net income of $153.4 million, or $1.70 per diluted share, for the second quarter of 2016, compared to net income of $9.5... More