Allied World not for sale: Carmilani
Allied World chairman and CEO Scott Carmilani has reassured
shareholders that the company is not for sale, despite a low
price-to-book ratio.
The executive firmly told investors that he was not considering
selling Allied World when speaking on the carrier's first
quarter earnings call.
He made the statement in response to a question from Macquarie
analyst Amit Kumar.
"When you look at the stock price and you look at the book
value, obviously you're an outlier, if you look at...
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