MEDIA RELEASE PR36922
Allied World's Eugene Raitt Elected 2010 Chairman of the Board for the Direct Marketing Association
PEMBROKE, Nov. 4 /PRNewswire-AsiaNet/ --
Allied World Assurance Company, Ltd, a member company of Allied World Assurance Company Holdings,
Ltd (NYSE: AWH) today announced that Eugene Raitt, Senior Vice President, Accident & Health and Chief
Marketing Officer, Asia, has been elected Chairman of the Board for the Direct Marketing Association for
2010. Mr. Raitt served as Board Vice Chairman in 2009.
The Direct Marketing Association (DMA) is a global trade association, with over 3,100 corporate members,
of businesses and nonprofit organizations using and supporting multichannel direct marketing tools and
techniques. The DMA advocates standards for responsible marketing, promotes relevance as the key to
reaching consumers with desirable offers, and provides research, education, and networking opportunities to
improve results throughout the end-to-end direct marketing process.
At Allied World, Mr. Raitt works in Hong Kong, introducing accident and health insurance to the market.
Direct marketing is his primary distribution strategy, focusing on developing the sponsored market business.
Prior to joining Allied World, Mr. Raitt worked at AIG for 16 years launching their direct marketing businesses
throughout Asia, beginning in Japan, then Korea, Taiwan, China, Thailand, Hong Kong and India.
About Allied World Assurance Company
Allied World Assurance Company, Ltd. has a branch office in Hong Kong, which is regulated by the Office of
Commissioners of Insurance, Hong Kong. Allied World Assurance Company Holdings, Ltd, through its
subsidiaries, is a global provider of innovative property, casualty and specialty insurance and reinsurance
solutions, offering superior client service through offices in Bermuda, the United States, Europe and Hong
Kong. Our insurance and reinsurance subsidiaries are rated A (Excellent) by A.M. Best Company. For further
information on Allied World, please visit our website at www.awac.com.
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 the ability to recognize the benefits of the Darwin Professional Underwriters,
Inc. acquisition; 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; investigations of market practices
and related settlement terms; 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 including those related to the ongoing financial crisis; 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, Ltd
CONTACT: Media,
Faye Cook,
VP, Marketing & Communications,
+1-441-278-5406,
faye.cook@awac.com;
or Investors,
Keith J. Lennox,
Investor Relations Officer,
+1-646-794-0750,
keith.lennox@awac.com,
both of Allied World Assurance Company Holdings, Ltd
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