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Alleghany Corp
F:AGA

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Alleghany Corp
F:AGA
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Price: 865 EUR Market Closed
Market Cap: €11.6B

Alleghany Corp
Investor Relations

Alleghany Corporation has carved out a venerable position in the financial ecosystem, primarily by focusing on property and casualty reinsurance and insurance operations. Founded in 1929, Alleghany has historically embraced a strategy of astute diversification and disciplined capital allocation. When delving into Alleghany's operations, its core revolves around its flagship subsidiary, Transatlantic Holdings, which offers reinsurance services to insurance companies globally, helping them manage risk and backstop their claims-paying capabilities. The measure of success in this industry often hinges upon adept underwriting—an area where Alleghany has consistently demonstrated capability by balancing risk exposure with premium pricing. Simultaneously, the company invests its substantial float, the premium reserves held to pay future claims, into a portfolio of bonds and stocks, thus generating investment income that contributes significantly to its profitability.

Beyond reinsurance, Alleghany pursues strategic investments in a slew of non-insurance businesses, reflecting its commitment to a diversified revenue stream. This includes subsidiaries like Alleghany Capital which invests in a varied basket of companies ranging from manufacturing to healthcare, bolstering its bottom line while mitigating risk inherent in the cyclical nature of the insurance market. By implementing a long-term, value-oriented investment strategy reminiscent of Berkshire Hathaway, Alleghany has cultivated a resilient business model that weathered market fluctuations admirably. This prudent approach, underscored by a conservative balance sheet and a focus on sustainable growth, underscores Alleghany's ability to generate shareholder value over the decades. The company’s story is a testament to the power of prudent financial stewardship and strategic foresight.

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No Earnings Calls Available

Management

Mr. Joseph Patrick Brandon
CEO, Pres & Director
No Bio Available
Ms. Kerry Josephine Jacobs
Exec. VP & CFO
No Bio Available
Mr. John Francis Shannon
Sr. VP & Chief Investment Officer
No Bio Available
Mr. Christopher Kent Dalrymple Esq.
Sr. VP, Gen. Counsel & Sec.
No Bio Available
Mr. Jerry Gennaro Borrelli
VP of Fin. & Chief Accounting Officer
No Bio Available
Mr. Dale James
VP of Corp. Fin. & Chief Risk Officer
No Bio Available
Ms. Stela Burghart
VP, Chief Compliance Officer, Associate Gen. Counsel & Assistant Sec.
No Bio Available
Mr. Kelly S. Jones
VP of People & Inclusion
No Bio Available
Ms. Rebekah Edwards
VP & Head of Internal Audit
No Bio Available
Mr. Kenneth William Brandt
Pres & CEO of Transatlantic Holdings, Inc.
No Bio Available

Contacts

Address
NEW YORK
New York City
1411 Broadway Fl 34
Contacts
+12125088130.0
www.alleghany.com