Alleghany Corporation Reports 2020 Third Quarter Results -- Notice

Rhea-AI Summary

On November 3, 2020, Alleghany Corporation (NYSE:Y) disclosed its financial results for Q3 2020, ending September 30. The company continues to create value through its property and casualty reinsurance and insurance operations alongside a diverse investment strategy. Key subsidiaries include Transatlantic Holdings, which specializes in global reinsurance, RSUI Group, focused on specialty insurance, and CapSpecialty, which provides commercial insurance. Comprehensive financial details are accessible via Alleghany's website and the SEC.

Positive

• Strong foundation in property and casualty reinsurance sector.
• Diverse subsidiary portfolio including leading reinsurers and specialty insurers.

Negative

• None.

News Market Reaction – Y

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In the trading session that priced this news, Y declined 0.03%, reflecting a mild negative market reaction.

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NEW YORK, Nov. 3, 2020  /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced its financial results for the third quarter ended September 30, 2020.  A complete, full-text news release for Alleghany's 2020 third 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.

View original content:http://www.prnewswire.com/news-releases/alleghany-corporation-reports-2020-third-quarter-results----notice-301166014.html

SOURCE Alleghany Corporation

FAQ

What were Alleghany Corporation's Q3 2020 financial results?

Alleghany Corporation reported its Q3 2020 results on November 3, detailing performance ending September 30.

What subsidiaries does Alleghany Corporation operate?

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

How does Alleghany Corporation create value for its shareholders?

Alleghany creates value by managing investments and supporting its property and casualty subsidiaries.

Where can I find the full financial results for Alleghany Corporation?

Full financial results for Alleghany Corporation can be found on their official website and the SEC's website.