2.2.0.7 false SUBSEQUENT EVENTS 11501 - Disclosure - SUBSEQUENT EVENTS true false false false 1 USD false false Unit1 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Unit13 Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 Unit12 Standard http://www.xbrl.org/2003/instance shares xbrli 0 $ 2 SUBSEQUENT EVENTS 0 awh_SubsequentEventsAbstract awh false na duration SubsequentEventsAbstract false false false false false true false false false false false false 1 false false false false 0 0 false false false xbrli:stringItemType string SubsequentEventsAbstract false 3 SUBSEQUENT EVENTS 1 us-gaap_ScheduleOfSubsequentEventsTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <div style="font-family: 'Times New Roman',Times,serif;"> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>15. SUBSEQUENT EVENTS</b> </div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     On September 30, 2010, the Company announced that its board of directors unanimously approved a plan for Holdings to redomesticate its place of incorporation from Bermuda to Switzerland (the "Redomestication"). The completion of the Redomestication is subject to approval by the Company's shareholders and the Supreme Court of Bermuda. Holders of the Company's voting and non-voting common shares will be asked to vote in favor of a Scheme of Arrangement at special court-ordered meetings that will be held on Thursday, November 18, 2010. A proxy statement with respect to such shareholder meetings (the "Proxy Statement") was mailed to the Company's shareholders on October 14, 2010. If the Scheme of Arrangement is approved by the holders of the Company's voting and non-voting common shares, the Supreme Court of Bermuda is expected to hold a hearing to approve the Scheme of Arrangement. Assuming the Company receives the necessary shareholder and court approvals, and certain other conditions described in the Proxy Statement are satisfied, the Company expects the Redomestication to be completed before the end of the calendar year 2010. After the Redomestication, the Company will still continue to report under U.S. GAAP and the Company expects its common shares will continue to trade on the New York Stock Exchange under the symbol "AWH," the same symbol under which the Company's common shares are currently listed. Upon completion of the transaction, the Company will remain subject to SEC reporting requirements and the Company will continue to report its consolidated financial results in U.S. dollars. The Company believes the Redomestication will also give the Company the ability to maintain a competitive worldwide effective corporate tax rate. See "Summary – The Redomestication" in the Proxy Statement filed with the SEC on October 14, 2010 for further information regarding the transaction. </div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     On November 4, 2010, the Company declared a quarterly dividend of $0.20 per common share, payable on November 26, 2010 to shareholders of record on November 15, 2010. On the same date, the Company also declared a contingent special dividend of $0.25 per common share related to the Redomestication. Under Swiss law, the Company does not expect to be able to pay a dividend until two months after its next annual meeting which is expected to take place in early May 2011. This special dividend will provide a dividend to shareholders for the interim period. This special dividend will be payable on November 26, 2010 to shareholders of record on November 15, 2010. The Company will only pay the special dividend if it receives the requisite shareholder approval of the proposed Redomestication and the other closing conditions set forth in the Proxy Statement are either waived or satisfied.</div></div> </div> 15. SUBSEQUENT EVENTS      On September 30, 2010, the Company announced that its board of directors unanimously approved a plan false false false us-types:textBlockItemType textblock Describes disclosed significant events or transactions that occurred after the balance sheet date, but before the issuance of the financial statements. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, losses resulting from fire or flood, losses on receivables, significant realized and unrealized gains and losses that result from changes in quoted market prices of securities, declines in market prices of inventory, changes in authorized or issued debt (SEC), significant foreign exchange rate changes, substantial loans to insiders or affiliates, significant long-term investments, and substantial dividends not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 5 -Paragraph 11 false 1 2 false UnKnown UnKnown UnKnown false true