Company Profile For Alleghany Corporation

Alleghany Corporation (Y.N) (New York Stock Exchange)
sector: Financials · industry: Insurance - Property & Casualty ·
As of  27 Nov 2009
257.00USD
Price Change
-8.84
Percent Change
-3.33%
 
 
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Overview

Alleghany Corporation (Alleghany) is engaged, through Alleghany Insurance Holdings LLC (AIHL) and its subsidiaries RSUI Group, Inc. (RSUI), Capitol Transamerica Corporation (CATA), Darwin Professional Underwriters, Inc. (Darwin) and Employers Direct Corporation (EDC), in the property and casualty and surety insurance business. The Company also owns an approximately 33% stake in Homesite Group Incorporated (Homesite), a national mono-line provider of homeowners insurance. The Company also owns and manages properties in Sacramento, California through its subsidiary Alleghany Properties Holdings LLC (Alleghany Properties), and is indirectly engaged in the oil and gas exploration and production business through its 40% ownership stake in ORX Exploration, Inc. (ORX).

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Alleghany Corporation's revenues decreased 5% to $827.7M. Net income applicable to Common increased 48% to $140.1M. Revenues reflect a decrease in net premiums earned, and lower net investment income. Net income was offset by decreased commissions, brokerage & other underwriting expenses, lower corporate administration expenses and decreased loss & loss adjustment expenses.

Company Address

Alleghany Corporation
7 Times Square Tower
17th Floor
New York   NY   10036
P: +1212.7521356
F: +1212.7598149

Total Employees

826

Find Out More About Y.N

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