Allied World Writes $400 Million In Six Months
NU Online News Service, July 22, 4:04 p.m. EST?Allied World Assurance Holdings in Hamilton, Bermuda, picked up steam in the second quarter, putting $271 million in net written premiums on its books, bringing its writings for the year to nearly $400 million.
Today, the company, which began business when it was incorporated in Bermuda Nov. 13, 2001, also reported net income of $26.2 million for the second quarter and $44.0 million for the six months ended June 30, 2002.
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