Baldwin to Retire from Allied World’s UK Operations

July 28, 2006

Michael Baldwin, managing director of Allied World Assurance Company’s London branch, is retiring from the company effective Monday, July 31, 2006. Baldwin was one of four founding members of Allied World during its formation in 2001 and was primarily responsible for launching the Company’s London branch and developing its UK operations. Baldwin will remain a non-executive director of Allied World Assurance Company (Europe) Limited and Allied World Assurance Company (Reinsurance) Limited.

President and Chief Executive Officer Scott Carmilani commented, “Michael Baldwin was and is an important figure for Allied World. He was responsible for successfully launching our London Branch and played a major role in its development. We will be eternally grateful for Mike’s contributions and dedication in building our Company culture in our European offices. We wish him the best of luck in retirement.”

Baldwin commented on his career, “It has been a wonderful four-and-a-half years working at Allied World. Helping to build Allied World from a start-up operation to where it is today is a satisfying way to end my career.”

Prior to joining Allied World, Baldwin worked with the Chubb Group of Insurance Companies for over 30 years in the U.S., Europe and Latin America. During his retirement, he plans to divide his time between London and Barcelona.

Source: Allied World Assurance Company

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