Allied World Assurance Company Q1 Profit Rises - Quick Facts

(RTTNews) - Allied World Assurance Company Holdings, AG (AWH) reported first-quarter net income of $177.0 million, or $5.23 per share, compared to $159.0 million, or $4.49 per share, previous year. The company reported operating income of $129.9 million, or $3.84 per share, for the first quarter of 2014.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $2.12 for the quarter. Analysts' estimates typically exclude special items.

Net premiums written were $771.6 million, an 11.0% increase compared to $695.1 million in the first quarter of 2013. Total revenues increased to $632.11 million from $576.25 million. Analysts expected revenue of $543.07 million for the quarter.