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Allied World Reports Record Net Income in Third Quarter 2010; 21.6% Year to Date Increase in Diluted Book Value Per Share

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PEMBROKE, Bermuda, November 4, 2010 - Allied World Assurance Company Holdings, Ltd (NYSE: AWH) today reported net income of $254.5 million, or $5.21 per diluted share, for the third quarter of 2010 compared to net income of $200.6 million, or $3.83 per diluted share, for the third quarter of 2009.

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