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(Bloomberg) — Allied World Assurance Co., the seller of aviation and environmental insurance, fell the most since February as second-quarter profit missed analysts’ estimates amid a decline in sales.

Allied plunged 4.3% to $37.04 at 11:06 a.m. in New York. The stock has dropped 1.5% this year, compared with the 7.5% increase of the Russell 1000 Index.

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