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Allied World Assurance Company Holdings announced Allied World Europe has launched a new Marine insurance line of business.

Validus Holdings and Allied World third quarter income was down, while CNA profit was up slightly.

Allied World Assurance Co. Holdings says second-quarter results were in the red due to investment losses.

Allied World Assurance Co. Holdings CEO Scott Carmilani says the company is off to a strong start for 2013 despite first-quarter net income dropping 27 percent.

M&A activity at Keystone Insurers Group. American Modern Insurance Group, Hanover, Momentous and IronHealth launch new programs, and The Institutes releases new course information.

Allied World U.S. has launched a new Errors & Omissions (E&O) and Privacy product called Techtonic//5.0.

PartnerRe Ltd. says it expects around $63 million in net after-tax losses in its North American Agriculture portfolio due primarily to drought conditions in the U.S.

The chief executive of a hedge fund disputed the assertion in a New York Times article that Allied World Assurance Co. made a substantial investment in his firm.