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Alleghany Corporation Reports 2020 Second Quarter Results -- Notice

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Rhea-AI Summary

Alleghany Corporation (NYSE:Y) announced its financial results for the second quarter ended June 30, 2020. The complete news release is available on Alleghany's website and includes detailed financial metrics. The corporation focuses on owning and supporting subsidiaries in property and casualty reinsurance and insurance, which include Transatlantic Holdings, RSUI Group, and CapSpecialty. Additionally, Alleghany Capital Corporation manages a diverse portfolio of non-financial businesses.

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Positive

  • Strong market position in property and casualty reinsurance.
  • Diverse portfolio through operating subsidiaries.

Negative

  • None.

News Market Reaction – Y

-0.81%
-0.81% Session move

In the trading session that priced this news, Y declined 0.81%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Aug. 4, 2020  /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced its financial results for the second quarter ended June 30, 2020.  A complete, full-text news release for Alleghany's 2020 second quarter results is available on Alleghany's website at www.alleghany.com and is also contained in a Current Report on Form 8-K that has been filed with the U.S. Securities and Exchange Commission (the "SEC") and is available on the SEC's website at www.sec.gov.  In conjunction with the release, Alleghany has also posted its financial supplement to the company's website at www.alleghany.com.

About Alleghany Corporation

Alleghany Corporation (NYSE:Y) creates value through owning and supporting its operating subsidiaries and managing investments, anchored by a core position in property and casualty reinsurance and insurance. Alleghany's property and casualty subsidiaries include: Transatlantic Holdings, Inc., a leading global reinsurer; RSUI Group, Inc., which underwrites wholesale specialty insurance coverages including property, casualty, professional liability and directors' and officers' liability; and CapSpecialty, Inc., an underwriter of commercial property, casualty and surety insurance coverages. Alleghany's subsidiary Alleghany Capital Corporation owns and manages a diverse portfolio of non-financial businesses.

Cision View original content:http://www.prnewswire.com/news-releases/alleghany-corporation-reports-2020-second-quarter-results----notice-301106072.html

SOURCE Alleghany Corporation

FAQ

What were Alleghany Corporation's second-quarter financial results for 2020?

Alleghany Corporation announced its second-quarter financial results on August 4, 2020, for the period ended June 30, 2020.

Where can I find Alleghany Corporation's financial results?

Alleghany Corporation's financial results are available on their website and in a Current Report on Form 8-K filed with the SEC.

What subsidiaries does Alleghany Corporation operate?

Alleghany Corporation operates subsidiaries including Transatlantic Holdings, RSUI Group, and CapSpecialty.

What is the stock symbol for Alleghany Corporation?

The stock symbol for Alleghany Corporation is Y.