Allied World Launches Multinational Product Initiative

  Allied World Launches Multinational Product Initiative

Business Wire

ZUG, Switzerland -- July 30, 2013

Allied World Assurance Company Holdings, AG (NYSE: AWH) announced today the
official launch of Allied WorldWide^SM, a newly created platform designed to
meet the insurance coverage needs of multinational clients.

Allied WorldWide was designed to improve the buying process that multinational
companies face when purchasing insurance protection for worldwide locations.
It offers key types of coverage to address a variety of needs, is flexible and
customizable, and aligns with local legislation, customs and regulations.
Further, customers will have access to a single “point of contact” with
respect to their coverage and to global teams of underwriting and claims
contacts with local market expertise.

Allied WorldWide will offer Directors & Officers, Employment Practices
Liability (EPL), Excess Casualty, Primary Foreign Casualty, and Environmental
Liability, which will be available through Allied World’s branch office
locations in the United States, Bermuda, Europe and Asia.

Allied WorldWide is led by Todd Germano, Executive Vice President, Managing
Director, Allied World Assurance Company, AG. Mr. Germano commented, “Our
multinational offering has been expertly crafted to provide meaningful
protection that addresses typical multijurisdictional challenges such as
currency, regulatory, insurance and language differences worldwide. Allied
WorldWide can serve as the single-source insurance carrier offering one
program that covers several exposures for a client.”

For more information on Allied WorldWide, please visit
www.awac.com/alliedworldwide or contact Mr. Germano directly at
todd.germano@awac.com.

About Allied World

Allied World Assurance Company Holdings, AG, through its subsidiaries and
brand known as Allied World, is a global provider of innovative property,
casualty and specialty insurance and reinsurance solutions. Allied World
offers 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 the following for further information on Allied World: Web:
www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn:
http://www.linkedin.com/company/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:

Allied World Assurance Company Holdings, AG
Media:
Noelle Campbell, +1-646-794-0544
noelle.campbell@awacservices.com
or
Faye Cook, +1-441-278-5406
faye.cook@awac.com
or
Investors:
Sarah Doran, +1-646-794-0590
sarah.doran@awac.com