USX:Y - Alleghany Corp Alleghany Corporation
Sector: Financials, Industry: Reinsurance
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Yahoo Finance Note: This stock seems to be inactive

USD 847.79    +0.0 (+0%)

28 Oct 2022


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General

CEO: Mr. Joseph Patrick Brandon

IPO: 1980-03-05

Headquarters: US

Employees: 13,313

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Description

Alleghany Corp is a property and casualty insurance company that owns and manages subsidiaries that operate reinsurance and insurance operations. The company also executes certain private capital investments. The company classifies its business into three reportable segments: reinsurance, insurance, and Alleghany Capital. These segments' underwriting activities are evaluated separately from investment and corporate activities. Reinsurance contracts are generally classified as a treaty or facultative contracts. Treaty reinsurance provides for the automatic reinsuring of all or a portion of a specified class of risk underwritten by the ceding company. Facultative reinsurance is geared toward individual risks.

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