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<TITLE> Allied World Assurance Company Holdings, AG (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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	November 12, 2014
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	Allied World Assurance Company Holdings, AG
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	Switzerland
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	001-32938
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	98-0681223
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	Lindenstrasse 8, Baar/Zug, Switzerland
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	6340
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_________________________________<BR>
	(Address of principal executive offices)
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	&nbsp;
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___________<BR>
	(Zip Code)
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	Registrant&#146;s telephone number, including area code:
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	+41-41-768-1080
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	Not Applicable
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	Former name or former address, if changed since last report
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	&nbsp;
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
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[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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<P align="left" style="font-size: 10pt"><FONT style="font-size: 10pt"><B>Item&nbsp;8.01. Other Events.</B>
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<P align="left" style="font-size: 10pt; text-indent: 4%">On November&nbsp;12, 2014, Allied World Assurance Company Holdings, Ltd (&#147;Bermuda Holdings&#148;), a
subsidiary of Allied World Assurance Company Holdings, AG (the &#147;Company&#148;), gave an irrevocable
notice (the &#147;Notice&#148;) to the administrative agent under the Amended and Restated Credit Agreement,
dated as of June&nbsp;7, 2012 (the &#147;Credit Agreement&#148;), by and among the Company, Bermuda Holdings and
Allied World Assurance Company, Ltd, the Lenders party thereto; Citibank, N.A., as Syndication
Agent for the Lenders; and Wells Fargo Bank, National Association, as Administrative Agent, L/C
Agent and Fronting Bank for the Lenders. The Notice permanently reduces the aggregate commitment
under the Amended and Restated Credit Agreement from $450&nbsp;million to $150&nbsp;million effective as of
November&nbsp;17, 2014, being three business days from the date the Notice was sent to the
administrative agent. All other material terms of the Amended and Restated Credit Agreement remain
unchanged.



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	SIGNATURES
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	Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
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	Allied World Assurance Company Holdings, AG
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	November 14, 2014
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	By:
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	/s/ Wesley D. Dupont
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	Name: Wesley D. Dupont
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	Title: Executive Vice President & General Counsel
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{"company-data": {"conformed-name": "Allied World Assurance Co Holdings, AG", "cik": "0001163348", "assigned-sic": "6331", "irs-number": "000000000", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-32938", "film-number": "141226019"}, "business-address": {"street1": "LINDENSTRASSE 8", "city": "BAAR/ZUG", "state": "V8", "zip": "6340", "phone": "441-278-5400"}, "mail-address": {"street1": "LINDENSTRASSE 8", "city": "BAAR/ZUG", "state": "V8", "zip": "6340"}, "former-company": [{"former-conformed-name": "ALLIED WORLD ASSURANCE CO HOLDINGS LTD", "date-changed": "20060615"}, {"former-conformed-name": "ALLIED WORLD ASSURANCE HOLDINGS LTD", "date-changed": "20011207"}]}
Allied World Assurance Company Holdings, AG (Form: 8-K)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):
November 12, 2014
Allied World Assurance Company Holdings, AG
__________________________________________
(Exact name of registrant as specified in its charter)
Switzerland
001-32938
98-0681223
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation)
File Number)
Identification No.)
Lindenstrasse 8, Baar/Zug, Switzerland
6340
_________________________________
(Address of principal executive offices)
___________
(Zip Code)
Registrant's telephone number, including area code:
+41-41-768-1080
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Top of the Form
Item 8.01. Other Events.
On November 12, 2014, Allied World Assurance Company Holdings, Ltd ("Bermuda Holdings"), a
subsidiary of Allied World Assurance Company Holdings, AG (the "Company"), gave an irrevocable
notice (the "Notice") to the administrative agent under the Amended and Restated Credit Agreement,
dated as of June 7, 2012 (the "Credit Agreement"), by and among the Company, Bermuda Holdings and
Allied World Assurance Company, Ltd, the Lenders party thereto; Citibank, N.A., as Syndication
Agent for the Lenders; and Wells Fargo Bank, National Association, as Administrative Agent, L/C
Agent and Fronting Bank for the Lenders. The Notice permanently reduces the aggregate commitment
under the Amended and Restated Credit Agreement from $450 million to $150 million effective as of
November 17, 2014, being three business days from the date the Notice was sent to the
administrative agent. All other material terms of the Amended and Restated Credit Agreement remain
unchanged.
Top of the Form
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
Allied World Assurance Company Holdings, AG
November 14, 2014
By:
/s/ Wesley D. Dupont
Name: Wesley D. Dupont
Title: Executive Vice President & General Counsel