Bermuda-based reinsurer Allied World Assurance Company Holdings, Ltd., said Frank D’Orazio has been named its new chief underwriting officer and David Bell its new chief operating and administrative officer. Both positions are new for the company, a spokeswoman said.

Mr. D’Orazio will be responsible for the company’s casualty, professional lines, health care and property underwriting departments in Bermuda, Europe and Asia. He will also assist in developing and implementing strategic initiatives and expanding product capabilities for the company’s Bermuda and international markets.

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