Allied World Reports First Quarter 2017 Results
(WorldNews Switzerland)

Reported a combined ratio of 99.2% for the quarter Net catastrophe losses of $11.0 million during the quarter due to Australian Cyclone Debbie Allied World shareholders have approved both of the proposals that were voted on at the company`s special shareholder meeting held on March 22, 2017 in connection with the previously announced merger transaction with Fairfax Financial Holdings Limited ZUG, Switzerland--(BUSINESS WIRE)-- Allied World Assurance Company Holdings, AG (NYSE: AWH) today reported net income of $80.3 million, or $0.90 per diluted share, for the first quarter of 2017 compared to net income of $74.1 million, or $0.81 per diluted share, for the first quarter of 2016. The company...