The Amulet of Warding is one of the new Unique Amulets found in the Diablo: Hellfire expansion. It is found randomly. The 40% Resist all is a benefit to any player, but the loss of 100 Life makes this amulet a less viable option for lower level players or already fragile players, and ultimately, an amulet of situational usefulness: instead of wearing it constantly, one should equip it when encountering powerful non-Physical attackers.