Allied World to Pay Quarterly Dividend

                    Allied World to Pay Quarterly Dividend

  PR Newswire

  ZUG, Switzerland, Feb. 20, 2013

ZUG, Switzerland, Feb. 20, 2013 /PRNewswire/ -- Allied World Assurance Company
Holdings, AG (NYSE: AWH) today announced that it has approved a quarterly
dividend equal to $0.375 per share payable on March 12, 2013 to shareholders
of record on March 5, 2013, subject to a required filing with the Swiss
Commercial Register in Zug. The company's transfer agent will make dividend
payments in United States dollars.

This dividend payment will be made in the form of a par value reduction. The
amount of the par value reduction in Swiss francs (CHF) will be based on the
USD/CHF exchange rate as published by The Wall Street Journal on February 26,
2013. This is the fourth of four partial par value reductions for dividends
that were approved by the company's shareholders at the Allied World 2012
Annual Shareholder Meeting held on May 3, 2012.

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 offices and branches. All of Allied
World's rated insurance and reinsurance subsidiaries are rated A by A.M. Best
Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate
2232 is rated A+ by Standard & Poor's and Fitch. Please visit 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.


Contact: Media: Faye Cook, Vice President, Marketing & Communications,
+1-441-278-5406,; Investors:, Keith J. Lennox, Investor
Relations Officer, +1-646-794-0750,
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