Allied World Reports Record Operating Results in Third Quarter 2009; 27.4% Increase in Total Book Value Year to Date; 11% Dividend Increase...(losses and loss expenses ...),Health

Date:11/5/2009

losses and loss expenses 136,441 176,010 462,657 497,591 Acquisition costs 36,630 28,615 110,721 81,720 General and administrative expenses 58,586 40,794 179,575 130,445 Interest expense 9,523 9,515 29,492 28,538 Foreign exchange gain (273) (2,728) (660) (2,651) Total expenses 240,907 252,206 781,785 735,643 Income before income taxes 206,102 (55,193) 472,348 151,666 Income tax expense/(recovery) 5,548 (8,826) 26,716 (12,117) NET INCOME (LOSS) $200,554 $(46,367) $445,632 $163,783 PER SHARE DATA: Basic earnings (loss) per share $4.05 $(0.95) $9.01 $3.37 Diluted earnings (loss) per share $3.83 $(0.95) $8.62 $3.22 Weighted average common shares outstanding 49,574,266 49,007,389 49,449,809 48,547,839 Weighted average common shares and common share equivalents outstanding 52,345,913 49,007,389 51,676,006 50,869,098 Dividends declared per share $0.18 $0.18 $0.54 $0.54 ALLIED WORLD ASSURANCE COMPANY HOLDINGS, LTD UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Expressed in thousands of United States dollars, except share and per share amounts) As of As of September 30, December 31, ASSETS: 2009 2008 Fixed maturity investments available for sale, at fair value (amortized cost: 2009: $5,464,105; 2008: $5,872,031) $5,673,793 $6,032,029 Fixed maturity investments tra
'/>"/>

SOURCE Allied World Assurance Company Holdings, Ltd Copyright©2009 PR Newswire. All rights reserved

0 GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
Related medicine news :

1. Allied Worlds Eugene Raitt Elected 2010 Chairman of the Board for the Direct Marketing Association
2. Allied Worlds Susan Chmieleski to Speak at American Society for Healthcare Risk Management (ASHRM) Annual Conference and Exhibition
3. Allied World Schedules Third Quarter 2009 Earnings Announcement and Conference Call
4. University of Hawaii-Maui Community College Selects American TeleCare for Allied Health Department's Nursing Telehealth Project
5. Report Finds Significant Job Opportunities for Californians in Allied Health; Questions States Education Capacity To Train Workers
6. Allied Worlds Linda McSmith to Speak at Ohio Association of Ambulatory Surgery Centers Annual Meeting
7. Allied Worlds Nicole Baummer to Speak on Panel at National Employment Practices Liability Insurance ExecuSummit
8. Allied Worlds David Bell to Present as Keynote Speaker at 2009 Entrepreneurial Insurance Symposium
9. All Allied Health Schools Launches "Health Care Community"
10. Allied Worlds Susan Chmieleski to Participate in Hospital Management Asia 2009 Conference
11. Students Connect with Stable Careers Through Updated Medical Assistant Career Resources on All Allied Health Schools