Company

Alleghany Corporation

Headquarters: New York, NY, United States

Founded: 1929

Employees: 13,313

CEO: Mr. Joseph Patrick Brandon

NYSE: Y -1.36%

Market Cap

$11.41 Billion

USD as of Oct. 1, 2022

history Market Cap History

Alleghany Corporation market capitalization over time

Evolution of Alleghany Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Alleghany Corporation

Detailed Description

Alleghany Corporation provides property and casualty reinsurance and insurance products in the United States and internationally. The company operates in three segments: Reinsurance, Insurance, and Alleghany Capital. The Reinsurance segment offers fire, allied lines, auto physical damage, and homeowners multiple peril reinsurance products; and casualty and other reinsurance products, such as medical malpractice, ocean marine and aviation, accident and health, mortgage, surety, and credit reinsurance products, as well as directors' and officers', errors and omissions, general, and auto liability reinsurance. This segment distributes its products and services through brokers, as well as directly to insurance and reinsurance companies. The Insurance segment underwrites specialty insurance coverages in the property, umbrella/excess, general, directors' and officers', and professional liability lines; surety products comprising commercial and contract surety bonds; and workers' compensation insurance products. This segment distributes its products through independent wholesale insurance brokers, and retail and general insurance agents. The Alleghany Capital segment provides precision automated machine tool solutions; manufactures custom trailers and truck bodies for the moving and storage industry, and other markets; design, engineering, procurement, construction management, and validation services for pharmaceutical and biotechnology industries; products and services for the funeral and cemetery industries, and precast concrete markets; and hotel management and development services, as well as operates as a toy and musical instrument company, and structural steel fabricator and erector. The company also owns and manages improved and unimproved commercial land, and residential lots. As of December 31, 2021, it owned approximately 77 acres of property. The company was founded in 1929 and is based in New York, New York.

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Stocks & Indices

Alleghany Corporation has the following listings and related stock indices.


Stock: NYSE: Y wb_incandescent

Stock: FSX: AGA wb_incandescent

Key People

Founder(s): Oris and Mantis Van Sweringen

Weston M. Hicks (President & CEO) Jefferson W. Kirby (Chairman of the Board)

Financials

Revenue: US$ 6.13 billion (2016)

Operating income: US$ 729.40 million (2016)

Net income: US$ 460.66 million (2016)


Total assets: US$ 23.76 billion (2016)

Total equity: US$ 7.94 billion (2016)

Details

Headquarters:

1411 Broadway

34th Floor

New York, NY 10018

United States

Phone: 212-752-1356