25-07-2016 19:51 via insuranceinsider.com

Allied World skyrockets

Shares in Allied World increased by almost 17
percent over the week after the Bermudian carrier surprised
analysts and investors alike with a sterling set of second quarter
results.
It closed last week at $41.73 per share, up significantly from
last Monday's opening price of $35.65.
After reporting operating profits of $82.7mn, or $0.91 per
share, for the second quarter, the carrier's stock price
continued on an upward trajectory until markets closed on
Friday.
The operating profit result by far
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