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Darwin Appoints Becky Cox Vice President, Business Development, Healthcare
Date:5/28/2009

PEMBROKE, Bermuda, May 28 /PRNewswire-FirstCall/ -- Darwin National Assurance Company, a member company of Allied World Assurance Company Holdings, Ltd (NYSE: AWH), today announced that Becky Cox has been appointed Vice President, Business Development, Healthcare. In this role, Ms. Cox will be responsible for the continued development of healthcare products, distribution and market place relationships alongside Fred Bautista, Vice President, Business Development, Healthcare.

Gordon Knight, President of Allied World U.S., commented, "We are very pleased to have Ms. Cox join our healthcare team in the U.S. The wealth of industry knowledge and experience she brings will be a great asset to our company as we continue to position ourselves as innovators in medical malpractice solutions and related products and services, including risk transfer, loss mitigation, loss engineering, loss prevention and litigation consulting."

Prior to her position with Allied World, Ms. Cox was Vice President, National Marketing Executive for Lexington Insurance Co., AIG Healthcare in Charlotte, North Carolina from June 1998 to May 2009, responsible for the marketing of all AIG Healthcare product lines. She also worked as Regional Underwriting Manager for American Home Assurance Company from 1996 to 1998. Prior to this, Ms. Cox worked as Vice President, Manager of the Special Risk Division for Cameron M. Harris & Co. from 1987 to 1996, responsible for production and management of a profit center comprised of medical and non-medical clients. She began her career in 1982 at the St. Paul Companies as a Medical Services Division Manager and later a Commercial Lines Manager. Ms. Cox has a Bachelor of Arts degree in Political Science from the University of South Carolina, and has earned the RPLU and CIC designations.

About Darwin and Allied World Assurance Company

Darwin, a Farmington, CT-based specialty insurance group focused on the professional liability insurance market, underwrites errors and omissions liability insurance, medical malpractice liability insurance and other specialty coverages. Darwin member companies (Darwin National Assurance and Darwin Select Insurance) are subsidiaries of Allied World Assurance Company Holdings, Ltd, 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 and Hong Kong. Allied World's insurance and reinsurance subsidiaries are rated A (Excellent) by A.M. Best Company. For further information on Darwin and Allied World, please visit our websites at www.darwinpro.com and www.awac.com.

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 the ability to recognize the benefits of the Darwin acquisition; 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; investigations of market practices and related settlement terms; 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 including those related to the ongoing financial crisis; 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.


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SOURCE Allied World Assurance Company Holdings, Ltd
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