AWH-2015.01.09-8K


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
Current Report
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 9, 2015 
ALLIED WORLD ASSURANCE COMPANY HOLDINGS, AG
(Exact Name of Registrant as Specified in Charter)
 
 
 
 
 
 
Switzerland
 
001-32938
 
98-0681223
(State or Other Jurisdiction
of Incorporation)
 
(Commission File Number)
 
(I.R.S. Employer
Identification No.)

Gubelstrasse 24
Park Tower, 15th Floor
6300 Zug, Switzerland
(Address of Principal Executive Offices and Zip Code)
Registrant’s telephone number, including area code: 41-41-768-1080
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




 





Item 2.02. Results of Operations and Financial Condition.

During the fourth quarter of 2014, the Chief Executive Officer of Allied World Assurance Company Holdings, AG (the "Company") reorganized how the Company manages its business, and as a result, the Company realigned its executive management team and changed its reportable segments to correspond to the reorganization. The Company's Bermuda direct insurance operations, which had previously been included in the international insurance segment, were combined with the U.S. insurance segment, with the new segment renamed the "North American Insurance Segment". The remaining direct insurance operations of the international insurance segment were renamed the "Global Markets Insurance Segment". The Reinsurance Segment remained unchanged. The change in reportable segment structure had no impact on the Company's historical consolidated financial position, results of operations or cash flows previously reported.

On January 9, 2015, the Company issued a financial supplement that contains its unaudited results of operations for the following periods recast under the new segment format: year ended December 31, 2013, year ended December 31, 2012, nine months ended September 30, 2014, nine months ended September 30, 2013, quarter ended September 30, 2014, quarter ended June 30, 2014, quarter ended March 31, 2014, quarter ended December 31, 2013, quarter ended September 30, 2013, quarter ended June 30, 2013, and quarter ended March 31, 2013. The financial supplement is furnished herewith as Exhibit 99.1.

The information hereunder is not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), is not otherwise subject to the liabilities of that section and is not incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(d)    Exhibits
 
Exhibit 
Number
Description

99.1
New Segment Financial Supplement.
 



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
ALLIED WORLD ASSURANCE COMPANY HOLDINGS, AG
Dated: January 9, 2015
 
 
 
 
 
 
By:
/s/ Thomas A. Bradley
 
Name:
Thomas A. Bradley
 
Title:
Executive Vice President and Chief Financial Officer






EXHIBIT INDEX
 
Exhibit 
Number
Description

99.1
New Segment Financial Supplement.