ALLIED WORLD CAPITAL (EUROPE) LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ALLIED WORLD CAPITAL (EUROPE) LIMITED 2010-05-12 → present
2. ALLIED WORLD CORPORATE MEMBER LIMITED 2010-04-19 → 2010-05-12

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors of the Company have a reasonable expectation that, where necessary, appropriate funding will be made available to the Company by a subsidiary of Allied World Assurance Company Holdings, Ltd ("AWAC Holdings") and has, therefore, adequate resources to continue operations for a period of at least 12 months from the date of this report. Accordingly, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “During the year, the Company provided capacity of $557.3 million to Syndicate 2232 (the "Syndicate") for the 2024 year of account (2023 year of account: $410.5 million).”
• “The Syndicate continues to support the Lloyd's Blueprint II market modernisation initiatives and are fully engaged with Lloyd's in its journey towards digitalisation.”
• “The Directors approved a dividend of $27.0 million (2023: nil), paid from retained earnings to the Company's parent Allied World Assurance Holdings, Ltd during the year.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +16.5%

  £384,704,225 → £448,225,352

• Cash

  -12.4%

  £55,650,111 → £48,739,066

• Net assets

  +56.8%

  £43,888,065 → £68,802,076

• Employees

  —

  Not reported

• Operating profit

  +10.3%

  £45,283,173 → £49,965,159

• Profit before tax

  +10.3%

  £45,283,173 → £49,965,159

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers