ALLIED WORLD ANNOUNCES BRANCH OFFICE IN SINGAPORE

Allied World Announces Branch Office in Singapore

PEMBROKE, Nov. 13 /PRNewswire-AsiaNet/ -- Allied World Assurance Company Holdings, Ltd (NYSE: AWH) today announced the opening of a branch office in Singapore in order to further expand its operations in Asia, and has appointed Bruce Ford as its Principal Officer and Head of Treaty Asia Pacific, Middle East and Africa. Allied World's operations have received authorization from the Monetary Authority of Singapore to conduct general insurance business operations. The office will be the Allied World hub for all classes of treaty business for the region, as well as offering direct insurance products for South Asia with an initial focus on professional lines and casualty classes.

Scott Carmilani, Allied World's President and Chief Executive Officer, commented, "Allied World sees great potential in Asia and in our ability to address growing risks for clients. Our new Singapore office will complement and expand on the services and expertise we already bring to the region.

Together with our Hong Kong branch office, which we opened in March 2009, we will be able to further respond to the needs of this market."

For more information on Allied World's regional office in Singapore, please contact Bruce Ford, Vice President, Head of Treaty Asia Pacific: bruce.ford@awac.com, +65 90616925 or +65 68325080. The office will be located at #02-103 One Fullerton, 1 Fullerton Road, Singapore 049213.

About Allied World Assurance Company

Allied World's office in Singapore is a branch office of Allied World Assurance Company, Ltd, our Bermuda insurance and reinsurance company.

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, Hong Kong and Singapore. 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.

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